Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5

$699,000

1311 CAROLYN CT, Rapid City SD, 57701

Built in2005
Property typeMulti-family

Overview

Active

Listed Oct 16, 2026

Updated 2 weeks ago

Listed by TJ Wojtanowicz – Black Hills Realty | 605-863-1920. Excellent investment opportunity in Rapid City! This fourplex, built in 2005 and located at 1311 Carolyn Court in the desirable West Boulevard area, offers four income-producing rental units with a current combined monthly rent of $4,700, totaling $56,400 in annual scheduled rental income. The property features an upper-and-lower unit configuration with private entrances, paved parking, individual decks or balconies, kitchen/dining combinations, refrigerators, ranges, dishwashers, window coverings, and laundry hookups. Additional features include electric heating, wall air conditioning, a composition roof, and city water and sewer services. With established tenants and leases in place, this property provides an opportunity for investors looking to expand their rental portfolio. Conveniently located near downtown Rapid City, shopping, dining, and other amenities. Offered at $699,000, or $174,750 per unit. Leases and financial information are available for qualified buyers. Property is tenant-occupied; showings by appointment only with appropriate notice. Buyer and buyer's agent to verify all information.

$4,650/mo

Est. mortgage payment based on a $699,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

View
Yes
MLS provider logo

Listed by TJ WOJTANOWICZ with BLACK HILLS REALTY
Listing Contact:  

The IDX display contains information sourced from the Black Hills Association of REALTORS® as of 10/17/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Black Hills Association of REALTORS® all rights reserved.

Data last updated on 10/17/2026 at 4:24 AM UTC

Powered by Luxury Presence