Price Reduction - Views
Address
5823 Corbin Dr, Rapid City, SD
Price
$ 229,900
Property Attributes
  • MLS#180350
  • TypeMulti-Family
  • Listing Status Active
  • CountyPENNINGTON
  • CityRapid City
  • AreaRapid Valley
  • NeighborhoodEastern Acres
  • Zip57703
  • Style
  • Year Built1960
  • Price$ 229,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Black Hills MLS (BHMLS)
Property Description

Listed with Cierra VanderPol, Black Hills Realty, 605-593-1909 - Looking for a unique income-producing opportunity? Welcome to Corbin Drive! Situated on 0.69 acres, this versatile property features 2 homes with 2 finished rentable units and one unfinished, offering endless possibilities for investors and owner-occupants alike. The main home is currently configured with an upper-level unit featuring 2 bedrooms and 1 bathroom, while the unfinished lower level is ready to be completed into an additional 1 bedroom, 1 bathroom unit, creating even more income potential. Also included is a 1975 single-wide mobile home offering 2 bedrooms and 1 bathroom, providing an additional rental opportunity. Whether you're looking to live in one unit while the others help pay your mortgage, lease all three units to maximize cash flow, explore the opportunity to sell the homes separately, or make the duplex into a single-family home, this property offers exceptional flexibility. Current tenants are in place, with a 60-day notice required to vacate. With multiple income streams and future expansion potential, this is a rare investment opportunity you won't want to miss. Property is being sold as is. Schedule your private showing today!

Price History
8/5/2026 Listed $249,900
9/10/2026 9$229,900

General Features

Heating Forced Air,Natural Gas
Cooling Window
Roof Composition,Other (See Remarks)
Zoning Conforming
Water City (at site)
Sewer City (at site)
Year Built 1960
Parking See Remarks
Subdivision EASTERN ACRES
View Trees,Prairie
County Pennington
Type Triplex
Status ACTIVE
Subdivision SD
Auction Y/N No
Docs on File Other (See Remarks)
Primary City Rapid City
City Rapid City
Originating MLS Black Hills AOR
Terms Cash,New Loan
Postal Code 57703
Public Remarks Listed with Cierra VanderPol,Black Hills Realty,605-593-1909 - Looking for a unique income-producing opportunity? Welcome to Corbin Drive! Situated on 0.69 acres,this versatile property features 2 ho

Interior Features

Total Number of Units 3
Unit Features Some Units,Window Coverings,Formal Dining Room,Formal Living Room,Dishwasher,Individual Water Heaters

Exterior Features

Foundation Full Basement,Slab,Unfinished Basement
Lot Dimensions 0.69
Lot Type Flat

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 57703

Price
AVG $250K
$230K
Year Built
AVG 1960
1960
Visits
AVG 84
98
Data Provided by Inside Real Estate®

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