08/01/2026
📢While this is bittersweet for me to share because my husband and I have poured so much time and love into this house, we are selling!!
This house in an exceptional Investment Opportunity in Rapid City, South Dakota!
If you've been looking for an investment property that stands out from the rest, this may be it.
This one-of-a-kind **6,100 sq. ft. four-plex** offers multiple income streams, exceptional amenities, and is located in one of the fastest-growing markets in the Midwest.
Property Highlights:
• Four income-producing units
• Currently operated as a vacation rental plus housing for traveling professionals
• Private **indoor heated pool & sauna**—an amenity rarely found in multifamily properties
• Heated four-stall garage with RV bay, mechanics pit, and dedicated shop/office space
• Original mid-century charm blended with modern functionality
• Two laundry areas
• Opportunity to owner-occupy the main residence while generating rental income from the additional units
Located just minutes from:
✔ Monument Health
✔ The expanding Sanford Health campus
✔ Ellsworth Air Force Base
✔ Downtown Rapid City
✔ The Black Hills and Mount Rushmore
With strong rental demand fueled by healthcare professionals, military growth, tourism, and Rapid City's continued expansion, this property offers exceptional potential for investors seeking reliable cash flow and long-term appreciation.
Whether you're adding to your portfolio, exploring house hacking, or searching for a truly unique property, this is an opportunity you won't want to miss.
View the full Zillow listing for photos, financial potential, and additional details. Feel free to reach out with any questions or to schedule a private showing!
This 6100 square feet Multiple Occupancy home has 6 bedrooms and 6 bathrooms. It is located at 823 Saint Francis St, Rapid City, SD.