$250,000
- 6 Beds
- 2,016 sqft
205 E Watertown St, Rapid City, SD 57701
Currently Off Market - Sold Jul 31, 2026 for $250,000
Home Value
Trulia Estimate
$250KSince last month
Increased$8K (+3.4%)Since last year
Decreased$6K (-2.2%)Since last sale
$100 (0%)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 +220% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $250K |
| August 2026 | $250K |
| July 2026 | $242K |
| June 2026 | $240K |
| May 2026 | $253K |
| April 2026 | $251K |
| March 2026 | $251K |
| February 2026 | $246K |
| January 2026 | $248K |
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 |
|---|---|---|---|---|---|---|---|
0.03 | Multi-Family Home | $211,050 | 09/11/26 | 3 | - | 1,680 | |
0.21 | Multi-Family Home | $278,000 | 10/02/25 | 6 | - | 2,464 | |
0.60 | Multi-Family Home | $280,000 | 06/22/26 | 5 | - | 1,848 | |
0.64 | Multi-Family Home | $220,000 | 04/17/26 | 5 | - | 2,352 | |
0.73 | Multi-Family Home | $273,000 | 01/26/26 | 6 | - | 1,256 | |
1.44 | Multi-Family Home | $317,500 | 07/30/26 | 2 | - | 1,374 | |
1.29 | Multi-Family Home | $662,000 | 05/04/26 | 8 | - | 4,374 |
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 | $211,050 | 3 | - | 1,680 | Recently Sold | |
0.12 | $175,900 | 2 | 1 | 960 | Off Market | |
0.12 | $179,000 | 2 | 2 | 1,153 | For Sale | |
0.12 | $240,700 | 3 | 1 | 1,208 | Off Market | |
0.13 | $270,200 | 3 | 2 | 1,580 | Off Market | |
0.13 | $250,800 | 3 | 2 | 1,775 | Off Market | |
0.15 | $164,300 | 2 | 2 | 1,152 | Off Market | |
0.15 | $115,000 | 2 | 2 | 1,152 | Recently Sold | |
0.14 | $100,000 | 2 | 1 | 1,440 | Recently Sold | |
0.15 | $179,000 | 2 | 2 | 1,153 | For Sale | |
0.13 | $249,000 | 3 | 2 | 1,288 | For Sale |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1953
2,016 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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $250,000, with a rent estimate of $1,300/month.
Last check for updates: about 9 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

Home Details for 205 E Watertown St
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Beds & Baths Number of Bedrooms: 6 |
Dimensions and Layout Living Area: 2016 Square Feet |
Heating & Cooling No Heating |
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Year Built Year Built: 1953 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: DuplexStructure Type: OtherArchitecture: Other |
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Price List Price: $250,000Price Per Sqft: $124/sqft |
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MLS Status: SOLD-NON-MLS BOR MEMBER |
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Direction & Address City: Rapid City |
School Information Elementary School District: Rapid CityJr High / Middle School District: Rapid CityHigh School District: Rapid City |
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Building Area Building Area: 2016 Square Feet |
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Lot Area: 5227.2 sqft |
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Mls Number: 89150 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 31, 2026 Source: Mount Rushmore Area AOR #89150 | Sold | $250,000 |
Jun 24, 2026 Source: Mount Rushmore Area AOR #89150 | Contingent | $250,000 |
Jun 18, 2026 Source: Mount Rushmore Area AOR #89150 | Listed For Sale | $250,000 |
May 1, 2023 Source: Zillow Rentals | ListingRemoved | |
Apr 13, 2023 Source: Zillow Rentals | Listed For Rent | $1,000 |
Apr 10, 2023 Source: N/A | Sold | $239,000 |
Feb 11, 2023 Source: RE/MAX International #162144 | Pending | $239,000 |
Feb 11, 2023 Source: Black Hills AOR #162144 | Contingent | $239,000 |
Jan 12, 2023 Source: Black Hills AOR #162143 | PriceChange | $249,900 Price decreased by 0% |
Dec 15, 2022 Source: Black Hills AOR #161686 | PriceChange | $250,000 Price decreased by 7% |
Dec 8, 2022 Source: Black Hills AOR #161686 | PriceChange | $270,000 Price decreased by 4% |
Nov 18, 2022 Source: Black Hills AOR #161686 | PriceChange | $280,000 Price decreased by 3% |
Nov 3, 2022 Source: Black Hills AOR #161686 | Listed For Sale | $290,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,375 | $254,400 |
Home facts updated by county records
Market trends in Rapid City
Last updated August 2026
Avg. sale price
$375K
$7.67KMoM
Sale-to-List Price
98.7%
0.2%MoM
Price per sq ft
$214
$2MoM
Available listings
439
14MoM
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
LGBTQ Local Legal Protections

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 REALTORSยฎ Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow Inc. are marked with the Broker Reciprocityโข 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
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
Frequently asked questions about 205 E Watertown St
- What is 205 E Watertown St estimated to be worth?Trulia's estimated value for 205 E Watertown St in Rapid City, SD is $250,000.
- What is the price history for 205 E Watertown St?205 E Watertown St in Rapid City, SD last sold for $250,000 in July 2026.
- Is Rapid City a buyer's or seller's market?Rapid City is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Rapid City?The median sale price in Rapid City is $375K. That is up $7.67K from the prior month.

