$273,500
- 3 Beds
- 2 Baths
- 1,660 sqft
511 Franklin St, Rapid City, SD 57701
Currently Off Market - Sold Nov 3, 2023 for $231,500
Home Value
Trulia Estimate
$274KSince last month
Decreased$5K (-1.6%)Since last year
Decreased$2K (-0.5%)Since last sale
Increased$42K (+18.1%)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 | $274K |
| July 2026 | $278K |
| June 2026 | $281K |
| May 2026 | $279K |
| April 2026 | $279K |
| March 2026 | $278K |
| February 2026 | $274K |
| January 2026 | $271K |
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 |
|---|---|---|---|---|---|---|---|
0.16 | Single-Family Home | $346,000 | 07/02/26 | 3 | 2 | 1,347 | |
0.07 | Single-Family Home | $257,000 | 05/15/26 | 2 | 1 | 1,327 | |
0.36 | Single-Family Home | $350,000 | 10/29/25 | 3 | 2 | 1,636 | |
0.33 | Single-Family Home | $275,000 | 06/15/26 | 4 | 2 | 1,698 | |
0.46 | Single-Family Home | $272,000 | 11/24/25 | 3 | 2 | 1,440 | |
0.08 | Single-Family Home | $289,691 | 08/06/26 | 5 | 2.5 | 2,700 |
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 |
|---|---|---|---|---|---|---|
0.04 | $315,000 | 3 | 2 | 1,200 | For Sale | |
0.06 | - | - | - | - | Off Market | |
0.07 | $257,000 | 2 | 1 | 1,327 | Recently Sold | |
0.08 | $289,691 | 5 | 2.5 | 2,700 | Recently Sold | |
0.07 | $255,700 | 2 | 1 | 1,056 | Off Market | |
0.10 | $264,700 | 5 | - | 1,560 | Off Market | |
0.07 | $255,000 | 3 | 1.5 | 1,550 | For Sale | |
0.07 | $248,700 | 2 | 1.5 | 1,644 | Off Market | |
0.06 | $249,900 | 2 | 1 | 927 | For Sale | |
0.09 | $314,800 | 4 | 2 | 1,739 | For Sale | |
0.12 | $324,700 | 5 | 2 | 1,747 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1951
1,660 sqft
$165/sqft
Garage
About this House
A very well-kept home inside and out. Come and see this 3 bedroom, 2 bath home just minutes from downtown Rapid City and Monument Hospital. It has a 1 car detached garage and a carport to protect your possessions from the elements. It has a steel roof on the house and the garage for extra protection; the carport also has steel roof. It has 1 nonconforming bedroom in the basement. There is lots of storage throughout with a large area in the basement.
511 Franklin St, Rapid City, SD 57701 is a 3 bedroom, 2 bathroom, 1,660 sqft single-family home built in 1951. It last sold for $231,500 on Nov 3, 2023 (4% below the $240,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $273,500, with a rent estimate of $2,175/month.
Last check for updates: about 23 hours ago
Listed by Thomas Karp
Keller Williams Realty Black Hills SP
Bought with: NON MEMBER, NON-MEMBER OFFICE
Source: Mount Rushmore Area AOR, MLS#77832

Home Details for 511 Franklin St
|
|---|
Interior Details Number of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 1660 Square Feet |
Heating & Cooling Heating: Natural GasHas CoolingAir Conditioning: Evaporative CoolingHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Window: VinylFlooring: Carpet, Vinyl |
Levels, Entrance, & Accessibility Floors: Carpet, Vinyl |
|
|---|
Exterior Home Features Roof: MetalPatio / Porch: Porch CoveredFencing: Chain Link, Garden AreaFoundation: Block |
Parking & Garage Number of Garage Spaces: 1Number of Carport Spaces: 2Number of Covered Spaces: 3Has a CarportHas a GarageParking Spaces: 1Parking: One Car,Carport/2 Cars,Detached |
|
|---|
Year Built Year Built: 1951 |
Property Type / Style Property Type: ResidentialProperty Subtype: Site BuiltArchitecture: Ranch |
Building Construction Materials: Frame |
|
|---|
Price List Price: $240,000 |
|
|---|
MLS Status: SOLD-CO-OP BY BOR MEMBER |
|
|---|
Direction & Address City: Rapid CityCommunity: Flormann Subdivision |
|
|---|
Building Area Building Area: 1660 Square Feet |
|
|---|
Lot Area: 6969.6 sqft |
|
|---|
BasementMls Number: 77832 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 3, 2023 Source: Mount Rushmore Area AOR #77832 | Sold | $231,500 |
Oct 7, 2023 Source: Mount Rushmore Area AOR #77832 | Contingent | $240,000 |
Oct 6, 2023 Source: Mount Rushmore Area AOR #77832 | PendingToActive | $240,000 |
Sep 28, 2023 Source: Mount Rushmore Area AOR #77832 | Contingent | $240,000 |
Sep 25, 2023 Source: Mount Rushmore Area AOR #77832 | Listed For Sale | $240,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,479 | $239,300 |
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 511 Franklin St
- What is 511 Franklin St estimated to be worth?Trulia's estimated value for 511 Franklin St in Rapid City, SD is $273,500.
- What is the price history for 511 Franklin St?511 Franklin St in Rapid City, SD last sold for $231,500 in November 2023.
- 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.
- Does 511 Franklin St have air conditioning?Yes, 511 Franklin St in Rapid City, SD has air conditioning.
- How big is the lot at 511 Franklin St?The lot at 511 Franklin St in Rapid City, SD is about 0.16 acres (6,970 sq ft).

