204 E Madison St
Rapid City, SD 57701
- Studio
- 1,296 sqft
$203,500
as of Aug 15, 2026
$203,500
as of Aug 15, 2026
Studio
1,296 sqft
Home Value
Trulia Estimate
$204KSince last month
Decreased$6K (-2.8%)Since last year
Decreased$12K (-5.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +72% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $204K |
| July 2026 | $207K |
| June 2026 | $210K |
| May 2026 | $209K |
| April 2026 | $209K |
| March 2026 | $210K |
| February 2026 | $211K |
| January 2026 | $212K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Multi-Family Home | $164,000 | 11/26/25 | 3 | - | 1,680 | |
0.10 | Multi-Family Home | $250,000 | 07/31/26 | 6 | - | 2,016 | |
0.21 | Multi-Family Home | $278,000 | 10/02/25 | 6 | - | 2,464 | |
0.50 | Multi-Family Home | $280,000 | 06/22/26 | 5 | - | 1,848 | |
0.28 | Multi-Family Home | $265,000 | 05/27/26 | - | 2,040 | ||
0.67 | Multi-Family Home | $273,000 | 01/26/26 | 6 | - | 1,256 | |
0.62 | Multi-Family Home | $220,000 | 04/17/26 | 5 | - | 2,352 | |
1.51 | Multi-Family Home | $317,500 | 07/30/26 | 2 | - | 1,374 | |
1.27 | Multi-Family Home | $662,000 | 05/04/26 | 8 | - | 4,374 | |
1.69 | Multi-Family Home | $265,000 | 01/16/26 | 4 | 2 | 1,702 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $268,000 | 3 | 2 | 1,288 | For Sale | |
0.04 | $275,000 | Studio | - | - | For Sale | |
0.08 | $325,000 | Studio | - | - | For Sale | |
0.09 | $236,800 | 3 | 1 | 1,360 | Off Market | |
0.10 | $250,000 | 6 | - | 2,016 | Recently Sold | |
0.12 | $1,450,000 | Studio | - | - | For Sale | |
0.16 | $260,000 | 3 | 2 | 1,664 | Recently Sold | |
0.14 | $205,000 | 2 | 2 | 1,120 | For Sale | |
0.16 | $279,500 | 3 | 1.5 | 1,298 | Off Market | |
0.18 | $450,000 | Studio | - | - | For Sale | |
0.20 | $210,000 | 2 | 1 | 748 | For Sale | |
0.21 | $259,900 | 3 | 2 | 1,174 | For Sale |
Local Information
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Home Highlights
Property Type
Multi-Family
Year Built
1918
Living Area
1,296 sqft
Price/Sqft
$157
About this House
Single level side by side Duplex in excellent condition. Consisting of a 2 bedroom 1 bathroom unit and 1 bedroom 1 bathroom unit. Large fully fenced yard, Each unit has access to individual lawn sheds. off street parking for 4 vehicles Recent upgrades include New Roof and Gutters, fresh paint ( Still being completed) and new carpets in front unit. Rear unit (1 bedroom) is currently leased tenant wishes to remain, front unit (2 bedroom) is currently vacant tenant recently vacated. Low vacancy rate
204 E Madison St, Rapid City, SD 57701 is a studio, 1,296 sqft multi-family built in 1918. It is currently off market. The Trulia Estimate is $203,500, with a rent estimate of $1,265/month.
Home Details for 204 E Madison St
|
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Year Built Year Built: 1918 |
Property Type / Style Property Type: Multi Family |
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Units in Building: 2 |
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Lot Area: 6969 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 2, 2023 Source: Black Hills AOR #161249 | ListingRemoved | |
Jan 18, 2023 Source: Black Hills AOR #161249 | Contingent | $199,000 |
Jan 4, 2023 Source: Black Hills AOR #161249 | PriceChange | $199,000 Price decreased by 5% |
Oct 24, 2022 Source: Black Hills AOR #161249 | PriceChange | $209,000 Price decreased by 5% |
Sep 26, 2022 Source: Black Hills AOR #161249 | Listed For Sale | $219,000 |
May 12, 2022 Source: Black Hills AOR #156914 | ListingRemoved | |
Mar 7, 2022 Source: Black Hills AOR #156914 | PriceChange | $209,900 Price decreased by 5% |
Nov 11, 2021 Source: Local MLS #156914 | Listed For Sale | $219,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,614 | $161,400 |
Home facts updated by county records
Market trends in Rapid City
Last updated July 2026
Avg. sale price
$367K
$14.18KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$212
$0MoM
Available listings
425
49MoM
Around this home
What Locals Say about Rapid City
At least 315 Trulia users voted on each feature.
92 % Say car is needed
88 % Say it's dog friendly
83 % Say parking is easy
81 % Say there are sidewalks
78 % Say yards are well-kept
73 % Say there's holiday spirit
69 % Say kids play outside
67 % Say there's wildlife
65 % Say people would walk alone at night
64 % Say it's quiet
54 % Say streets are well-lit
51 % Say neighbors are friendly
42 % Say they plan to stay for at least 5 years
29 % Say it's walkable to restaurants
28 % Say it's walkable to grocery stores
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 204 E Madison St
Off Market Homes Near 204 E Madison St
Frequently asked questions about 204 E Madison St
- What is 204 E Madison St estimated to be worth?Trulia's estimated value for 204 E Madison St in Rapid City, SD is $203,500.
- Is Rapid City a buyer's or seller's market?Rapid City is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Rapid City?The median sale price in Rapid City is $367K. That is up $14.18K from the prior month.
- What do residents say about Rapid City?Residents describe Rapid City, SD as dog-friendly, easy to park in, and pedestrian-friendly. See recently sold homes in Rapid City, SD.

