ATTENTION INVESTORS: 165 units with 72 garage stalls. 11 Buildings with 15 apartments per unit. 4 sets of garages each with 18 spaces. Garage spaces rent for $100 per month. Each building has 3 studio apartments of 558 sq ft that rent for $900 per month. 6- 1 bedroom 1 bath apartments at 774 sq ft that rent for $1100 per month. 6 -2 bedrooms, 2 bath at 1013 sq ft renting for $1400. Appliances will be Whirlpool stainless steel. Refrigerator, Range, Microwave and dishwasher. Washer and dryer are white stackable set in each apartment. Maintenance Free decking and railings in building corridors and stairs. Carpet in bedrooms. LVF vinyl flooring in kitchen, living room, bathrooms and washer dryer closet. Trex decking. Metal railing,
New construction
$36,750,000
4815 5th St, Rapid City, SD 57701
5beds
--baths
3,059sqft
Est.:
Multi Family
Built in 2023
-- sqft lot
$-- Zestimate®
$12,014/sqft
$-- HOA
What's special
- 244 days |
- 467 |
- 16 |
Zillow last checked: 8 hours ago
Listing updated: December 01, 2025 at 06:23am
Listed by:
TJ Wojtanowicz,
Black Hills SD Realty
Source: Mount Rushmore Area AOR,MLS#: 83841
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Heating
- Electric, Forced Air
Cooling
- Refrig. C/Air
Appliances
- Included: Dishwasher, Disposal, Refrigerator, Electric Range Oven, Microwave, Washer, Dryer
Features
- Windows: Window Coverings (All)
- Basement: Crawl Space
Interior area
- Total structure area: 3,059
- Total interior livable area: 3,059 sqft
Video & virtual tour
Property
Parking
- Parking features: Paved, Garage, Common
- Has garage: Yes
Features
- Entry location: Community Entrance
Lot
- Size: 6.7 Acres
Details
- Parcel number: 3724204010
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Stone Veneer, LT Smartside
- Foundation: Poured Concrete Found.
- Roof: Composition
Condition
- New Construction
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Electric: Breaker, 220 Volts, Plastic Plumbing
Community & HOA
Community
- Security: Smoke Detector(s), Fire Sprinkler System, Fire Alarm, Security System
- Subdivision: Fifth Street Office Plaza
Location
- Region: Rapid City
Financial & listing details
- Price per square foot: $12,014/sqft
- Tax assessed value: $20,247,300
- Annual tax amount: $155,994
- Date on market: 4/10/2025
- Listing terms: Cash,New Loan
- Inclusions: All Units, Refrigerator, Range/Oven, Dishwasher, Disposal, Washer, Dryer
- Lease term: 12 Months
- Tenant pays: Gas/Electric, See Remarks
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$2,174/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2025 | Listed for sale | $36,750,000-12.5%$12,014/sqft |
Source:  Black Hills AOR #173179 Report a problem | ||
| 10/27/2023 | Listing removed | -- |
Source: Black Hills AOR #162236 Report a problem | ||
| 1/19/2023 | Listed for sale | $42,000,000+3130.8%$13,730/sqft |
Source: Black Hills AOR #162236 Report a problem | ||
| 11/29/2021 | Sold | $1,300,000$425/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $155,994 +363.4% | $20,247,300 +76.5% |
| 2024 | $33,659 +102.7% | $11,470,800 +379.6% |
| 2023 | $16,602 -8.2% | $2,391,800 +118.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$187,830/mo
Principal & interest
$142504
Property taxes
$32463
Home insurance
$12863
Climate risks
Neighborhood: 57701
Nearby schools
GreatSchools rating
- 5/10Woodrow Wilson Elementary - 17Grades: K-5Distance: 2.5 mi
- 3/10South Middle School - 36Grades: 6-8Distance: 1.9 mi
- 2/10Central High School - 41Grades: 9-12Distance: 3.7 mi
Schools provided by the listing agent
- District: Rapid City
Source: Mount Rushmore Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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