205 E Watertown St, Rapid City, SD 57701
Property image
Property image
SOLD
JUL 31, 2026

205 E Watertown St
Rapid City, SD 57701

  • 6 Beds
  • 2,016 sqft

$250,000

Last Sold: Jul 31, 2026
$124/sqft
Est. Refi. Payment $1,482/mo*
Refinance Your Home

$250,000

Last Sold: Jul 31, 2026
$124/sqft
Est. Refi. Payment $1,482/mo*
Refinance Your Home
6 Beds
2,016 sqft

Local Information

  • Map ViewExplore the area around 205 E Watertown St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1953
Living Area
2,016 sqft
Price/Sqft
$124/sqft

About this House

Listed by Chris Twiggs, Blair Allen Luxury Real Estate, 605-545-1218. CONTRACT FOR DEED AVAILABLE - SELLER FINANCING WITH FAVORABLE TERMS. Whether you're a seasoned investor expanding your portfolio, a first-time investor looking for a seller-financed entry point, or someone interested in house hacking with a tenant helping cover the payment, this turnkey two-unit property delivers! Situated on a single lot are two separate homes: a 4-bed/1-bath (remodeled in 2022) and a 2-bed/1-bath. Both units are fully leased with a strong occupancy history and have been maintained under professional management. Each tenant enjoys a private yard with a fence separating the units, dedicated on- or off-street parking, and separate utility meters. With no shared walls between the units and separate yards and parking, you avoid the noise complaints and neighbor disputes common to typical multifamily layouts. Don't miss this rare seller-financed opportunity, schedule your private showing today!
205 E Watertown St, Rapid City, SD 57701 is a 6 bedroom, 2,016 sqft multi-family built in 1953. It last sold for the $250,000 asking price on Jul 31, 2026. More recently, it was listed as a rental in April 2023 with an asking price of $1,000 per month. That rental listing was removed on May 1, 2023. It is currently off market. The Trulia Estimate is $241,300, with a rent estimate of $1,328/month.

Home Details for 205 E Watertown St

Interior Features

Beds & Baths
Number of Bedrooms: 6
Dimensions and Layout
Living Area: 2016 Square Feet
Heating & Cooling
No Heating

Property Information

Year Built
Year Built: 1953
Property Type / Style
Property Type: Residential IncomeProperty Subtype: DuplexStructure Type: OtherArchitecture: Other

Price & Status

Price
List Price: $250,000Price Per Sqft: $124/sqft

Active Status

MLS Status: SOLD-NON-MLS BOR MEMBER

Location

Direction & Address
City: Rapid City
School Information
Elementary School District: Rapid CityJr High / Middle School District: Rapid CityHigh School District: Rapid City

Building

Building Area
Building Area: 2016 Square Feet

Lot Information

Lot Area: 5227.2 sqft

Miscellaneous

Mls Number: 89150
Last check for updates: about 3 hours ago
Listed by Chris Twiggs
Blair Allen Luxury Real Estate LLC
Bought with: NON MEMBER, NON-MEMBER OFFICE
Source: Mount Rushmore Area AOR, MLS#89150

Price History for 205 E Watertown St

DatePriceEventSource
07/31/2026$250,000Sold
Mount Rushmore Area AOR #89150
06/24/2026$250,000ContingentMount Rushmore Area AOR #89150
06/18/2026$250,000Listed For SaleMount Rushmore Area AOR #89150
05/01/2023ListingRemovedZillow Rentals
04/13/2023$1,000Listed For RentZillow Rentals
04/10/2023$239,000Sold
N/A
02/11/2023$239,000PendingRE/MAX International #162144
02/11/2023$239,000ContingentBlack Hills AOR #162144
01/12/2023$249,900PriceChange
Black Hills AOR #162143
12/15/2022$250,000PriceChange
Black Hills AOR #161686
12/08/2022$270,000PriceChange
Black Hills AOR #161686
11/18/2022$280,000PriceChange
Black Hills AOR #161686
11/03/2022$290,000Listed For SaleBlack Hills AOR #161686

Market trends in Rapid City

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$355K
$17.42KMoM
Sale-to-List Price
98.9%
0.3%MoM
Price per sq ft
$212
$4MoM
Available listings
375
19MoM
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Property Tax and Assessment

Year2025
Tax$3,375
Assessment$254,400
Home facts updated by county records

Comparable Sales for 205 E Watertown St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
621 East Blvd N, Rapid City, SD
0.21
Multi-Family Home
$278,000
10/02/25
6
-
2,464
213 E Watertown St, Rapid City, SD
0.03
Multi-Family Home
$164,000
11/26/25
3
-
1,680
1127 Holcomb Ave, Rapid City, SD
0.60
Multi-Family Home
$280,000
06/22/26
5
-
1,848
710 Haines Ave, Rapid City, SD
0.64
Multi-Family Home
$220,000
04/17/26
5
-
2,352
401 College Ave, Rapid City, SD
0.73
Multi-Family Home
$273,000
01/26/26
6
-
1,256
1116 Mount Rushmore Rd, Rapid City, SD
1.44
Multi-Family Home
$317,500
07/30/26
2
-
1,374
720 Mallow St, Rapid City, SD
1.29
Multi-Family Home
$662,000
05/04/26
8
-
4,374

Nearby homes

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Assigned Schools

These are the assigned schools for 205 E Watertown St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Rapid City

At least 313 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.
  • Nubia Quinonez
    "15 minutes to every thing"
    0
    Flag
  • Taylor Weathers
    "The area is nice, crime is really low, some areas are alittle run down but majority of the city and surrounding area is beautiful. I’m told the schools are good and there’s plenty for children to do around here. Plenty outdoor activities "
    1
    Flag
  • Michelle B
    "It’s a neighborhood 20+ years old, so there is space between houses and they don’t all look alike. Parkview park is only 2 blocks away with a pool, play area and softball fields. "
    0
    Flag
  • Aereal Willhoite
    "Rapid City is an outdoor enthusiast dream city to live plenty of stuff to do for everyone with their different personalities"
    0
    Flag
  • Jefffrazier
    "It’s not my “neighborhood”. We are renting a cabin here for the winter. The locals are not as friendly as we might have imagined. We are probably seen as outsiders. Given the beauty and blessings involved with this place, I can’t blame them. "
    0
    Flag
  • Jefffrazier
    "Few sidewalks, but drivers seem to be appropriately cautious when encountering wildlife and/or pets. "
    0
    Flag
  • jon.g.fleming
    "I work from home but my old commute was around 20 minutes in light traffic most mornings and evenings."
    0
    Flag
  • S.d.beckfamily
    "There are a lot of dog walkers in the area. We have a beautiful park in walking distance from our home. Also a nice dog park a short drive away. "
    9
    Flag
  • Lisalpog
    "The Southside of rapid city is one of the better part of town to live in. I live in the Newest part of the southside and it’s relatively quiet. Other than if you live close to Cattron which my building is located close to Catherine and sometimes you can hear the traffic. Other than that it’s great"
    12
    Flag
  • Chandlor M.
    "Fun place to live and have a family great schools great neighbors well maintained yards snow removal is a little lacking but you can get past it "
    1
    Flag
  • Rex
    "We have fireworks during the 4th of July. There is also pancake suppers for fundraiser for the Rapid Valley Fire department. "
    0
    Flag
  • Berto B. O.
    "The city is small and more laid back. People are mostly nice. There are a lot of outdoor activities to do in each season."
    6
    Flag
  • Chassidysieveke
    "Most people keep to themselves. It is very safe neighborhood for kids tho. Most houses have large lots."
    0
    Flag
  • Lori F.
    "The neighborhood really enjoys Fourth of July the celebration goes on for days upon days! Lots of neighbors love to shoot fireworks which is great to sit outside and watch with the kids at night, gives everyone an extra show both before and after the big show on the Fourth of July! "
    0
    Flag
  • Lakotaprarireheart
    "dogs are leashed and owners are very responsible for their dogs neighborhoods are well maintained people are very friendly "
    6
    Flag
  • Jay Sie
    "Some neighbors are friendly & considerate. Some aren’t. Nice place to live. The roads need to be maintained better. The parks could use some clean up. "
    1
    Flag
  • Heather T.
    "Grandview, and Robbinsdale are great schools. Teachers are dedicated to see all students succeed . "
    2
    Flag
  • Elliott B.
    "Parents should recommend new kids to the area to hang out at the local park parking lot lots of kids down there"
    5
    Flag
  • Brandi B.
    "From what I'm told from tourist, we are very friendly and welcoming town. Also that our surrounding areas, the Black Hills, is gorgeous."
    0
    Flag
  • Trulia User
    "Rapid valley is a very kid and dog friendly community, most of the neighbors take pride in their homes and yards. You see kids walking to and from school and lots of people walking babies in strollers it seems to be a safe area and the people love to celebrate the holidays. So if this meets what you are looking for in a neighborhood then the valley is the place for you! Good luck house hunting!!"
    0
    Flag
  • Lori F.
    "Friendly lots of dog walkers and people walking babies and young kids an elementary school is centrally located within the neighborhood overall a quiet place to live "
    0
    Flag
  • Natalia H.
    "we moved to Auburn Hills in August 2018. the neighbors are very nice and friendly. this winter everybody helped with clearing snow and working together. I wish we had a better school near by"
    0
    Flag
  • Craig
    "The lots are all fairly large, with at least 1/2 acre each. The area is very family and pet friendly, with common playground areas and walking paths through the open fields."
    0
    Flag
  • Carmen E. B.
    "Lots of other animals in the neighborhood but people are rude about picking up dog poop I’ve noticed!"
    0
    Flag
  • Lori F.
    "Lots of dog walkers in the neighborhood, kids playing outside, especially since there’s an elementary school a couple blocks away, normally a very quiet neighborhood a good mix of established residents and new property owners. Convenience of gas stations and a dollar tree within five minutes of the house for those last minute items that were forgotten at the store. Convenient location for stores, strip malls or even the mall within ten minutes. Great location to have rapid city at your fingertips without having to be right in the middle and having to deal with rush hour traffic"
    0
    Flag
  • Kayla C.
    "My neighborhood has many apartment developments. It’s a nice residential part of town with stores close by. "
    6
    Flag
  • Briann P.
    "my part of town is close to both down town and a Walmart. also not far from fast food restaurants. Close to three churches "
    3
    Flag
  • Lori F.
    "Very dog friendly neighborhood lots and lots of dog walkers! Very friendly area to live in. Overall low traffic area except when school lets out, but it is convenient for families with younger kids"
    0
    Flag
  • Lori
    "Quiet neighborhood typically without issue reasonable place to live cost wise. Convenient location to gas stations and interstate. Lots of younger kids very close to an elementary school. Good location for young families and first time buyers! Large lots per house. Nice to have more space than the newer neighborhoods offer. Usual lot size is a half acre or more!! "
    0
    Flag
  • Lori F.
    "Fourth of July is spectacular very neighborly nice place to live especially for young families with young kids school within walking distance "
    0
    Flag
  • Tyehjohnson
    "There’s a dog park, a pool, hot tub, and a gym all right here. All the dog owners are very friendly and encourage positive interaction with other dogs/owners. "
    0
    Flag
  • Njjoyce1981
    "Family friendly community just stay away from north rapid after dark. Not the best place to be at night especially alone by yourself."
    7
    Flag
  • Lori F.
    "There’s an elementary school in the neighborhood good for young families quiet community to live in low crime rate people love to celebrate the Fourth of July here! Everyone has been very friendly new to the area "
    0
    Flag

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Apartments for Rent

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Homes for sale near 205 E Watertown St

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Off Market Homes Near 205 E Watertown St

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow Inc. are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright 2026 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved