$3,086 Closing Credit¹
#171593, MARY RISS, Listing Office: RISS REAL ESTATE
$305,000 List price
831 Dilger Ave Rapid City, SD 57701
$3,622
Closing credit¹
Multi-Family
Property details
About 831 Dilger Ave
Investors,,,,,,take a LOOK. Fantastic investment opportunity! This fully occupied 4-plex features four 1-bedroom, 1-bath units with strong rental history and excellent cash flow. Located near schools, shopping, and with easy access to downtown and I-90, this property is attractive to tenants and offers a lot of upside potential. Bring your ideas, and customize to your liking. Great property to build equity with, as our local "affordable rental" market is very strong. Each unit offers private entrances, and tenants are month-to-month and pay their own electric and gas, minimizing owner expenses. Property includes private off-street parking, coin-operated laundry onsite, smaller yard easy to maintain, and mature trees for added curb appeal. Durable vinyl siding and vinyl windows help reduce maintenance. Owner-managed and maintained, this 4-plex is easy to rent and ready to continue producing income. Great opportunity for a first-time investor or to expand your existing portfolio.
Highlights
Home typeQuadruplex
HeatingElectric, Radiant
StatusActive
(ACTIVE)
(ACTIVE)
Year built1940
ParkingStreet, Off Site, See Remarks
MLS #174035
ViewCity
Summary
- Parking: Street, Off Site, See Remarks
- View: City
- Architectural Style: Up & Down
- Heating: Electric, Radiant
- Cooling: None
- List Price: $305,000
- Annual Tax Amount: $3,158
- Tax Year: 2024
- Lot: Rolling/Hilly, Corner Lot
- Year Built: 1940
- MLS Number: 174035
- Office Name: KELLER WILLIAMS REALTY BLACK HILLS
- Listing Agent: TOM BLAIN
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of Black Hills Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability.
Copyright © 2025 by Black Hills Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 3:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$305,000
831 Dilger Ave
$3,622
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $268,600 | $3,158 |
| 2023 | $220,000 | $2,596 |
| 2022 | $166,900 | $2,562 |
| 2021 | $153,100 | $2,607 |
| 2020 | $150,800 | $2,537 |
| 2019 | $145,500 | $2,516 |
| 2018 | $143,200 | $2,444 |
History based on county public records data.
Nearby schools
3
Horace Mann Elementary School
Public District KG-5
0.4 mi
•902 Anamosa St
2
General Beadle Elementary School
Public District KG-5
0.6 mi
•10 Van Buren St
2
Knollwood Heights Elementary School
Public District KG-5
1.0 mi
•1701 Downing St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,041. The majority of Rapid City, SD residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
51%
<35k
44%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
52%
Single, No Kids
17%
Single, with Kids
21%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
6%
12-17 yrs old
29%
18-34 yrs old
39%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Horse Races
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Stein Mart
Big Lots
Where do the neighbors go to eat?
White Castle
LongHorn Steakhouse
Golden Corral
What do the neighbors drive?
Chevrolet
Buick
Kia
What do the neighbors listen to?
Rock
Contemporary Inspirational
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Rapid City, SD
Rapid City's transport infrastructure includes a network of major roads and highways, such as Interstate 90, facilitating travel and commuting. Public transportation services are available, providing residents with additional options for getting around the city. The area's walkability varies, with downtown Rapid City being more pedestrian-friendly. Ride-sharing services are operational in the city, complementing the existing transport options.
The community benefits from a solid educational system, with a number of public and private schools serving the area, as well as higher education institutions like South Dakota School of Mines & Technology. Healthcare services are robust, with several hospitals and clinics providing comprehensive care. Retail and dining options reflect the local culture, offering a blend of national chains and unique local businesses.
Rapid City is celebrated for its proximity to natural landmarks and a vibrant cultural scene. The community prides itself on outdoor activities available in the nearby Black Hills and annual events that showcase the area's rich history and community spirit, such as the Black Hills Powwow and the Central States Fair.
Rapid City's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate various preferences and budgets. The architectural styles in the area range from ranch-style homes to split-levels and contemporary designs. A significant portion of the housing stock was built during the late 20th century, reflecting a period of growth and development in the city.
About 831 Dilger Ave
This home is located at 831 Dilger Ave in Rapid City, SD and zip code 57701. Features: 0 bathroom. It has been listed on Rocket Homes since May 31, 2025 and is currently priced at $305,000.
In May 2025, from all listings sold in Rapid City, SD there were more than 12 sold above asking price, over 25 sold below and more than 15 were sold right at the asked price. The number of homes for sale in Rapid City, SD increased by 45.4% between April and May 2025.
From Rocket Homes Real Estate and based on county public records data.