521 Franklin St
Rapid City, SD 57701
- 3 Beds
- 3 Baths
- 1,853 sqft
3 Beds
3 Baths
1,853 sqft
Local Information
-- mins to
Description
Home is currently used as a Tri-plex. It is a very cool 2-story home and would have potential to be converted back to a single-family home. However, buyer would need to invest some money into the property to convert it back. West Blvd. style but offered at a much more affordable price. Conveniently located to downtown or to the parks or schools. Large corner lot with potential to add a garage or build on. Ally access off the back. Plenty of off-street corner parking. Newer exterior siding. Nice upstairs apartment. Main floor tenant has been there since 1986. That unit is pretty full. Basement apartment has not been rented for the past few years. It will need some work to make it habitable. Gas and electric meters are separated. Selling as-is.
521 Franklin St, Rapid City, SD 57701 is a 3 bedroom, 3 bathroom, 1,853 sqft single-family home built in 1928. It last sold for $197,000 on Aug 25, 2022. More recently, it was listed as a rental in August 2020 with an asking price of $475 per month. That rental listing was removed on August 13, 2020. It is currently off market. The Trulia Estimate is $291,600, with a rent estimate of $2,519/month.
Home Highlights
Parking
None
Outdoor
Deck
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 521 Franklin St
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Interior Details Basement |
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Year Built Year Built: 1928 |
Property Type / Style Property Type: Single Family Home |
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Exterior Home Features Deck |
Parking & Garage Parking: None |
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Units in Building: 3 |
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Lot Area: 8276 sqft |
Price History for 521 Franklin St
| Date | Price | Event | Source |
|---|---|---|---|
| 08/25/2022 | $197,000 | Sold | Mount Rushmore Area AOR #72875 |
| 07/16/2022 | $215,000 | PendingToActive | RE/MAX International #159856 |
| 07/15/2022 | $215,000 | Contingent | Mount Rushmore Area AOR #72875 |
| 07/14/2022 | $215,000 | PendingToActive | Black Hills AOR #159856 |
| 07/09/2022 | $215,000 | Pending | RE/MAX International #159856 |
| 07/08/2022 | $215,000 | Contingent | Black Hills AOR #159856 |
| 06/27/2022 | $215,000 | Listed For Sale | Black Hills AOR #159856 |
| 08/13/2020 | $475 | ListingRemoved | Agent Provided |
| 08/03/2020 | $475 | Listed For Rent | Agent Provided |
| 03/12/2019 | $465 | ListingRemoved | Agent Provided |
| 02/13/2019 | $465 | Listed For Rent | Agent Provided |
Market trends in Rapid City
Last updated May 2026
Avg. sale price
$337K
$3.17KMoM
Sale-to-List Price
98.5%
0.2%MoM
Price per sq ft
$207
$4MoM
Available listings
355
10MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,963 |
| Assessment | $224,200 |
Home facts updated by county records
Comparable Sales for 521 Franklin St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.14 | Single-Family Home | $320,000 | 07/15/25 | 3 | 2 | 1,248 | |
0.16 | Single-Family Home | $299,000 | 06/05/26 | 3 | 2 | 1,234 | |
0.15 | Single-Family Home | $346,000 | 07/02/26 | 3 | 2 | 1,347 | |
0.05 | Single-Family Home | $257,000 | 05/15/26 | 2 | 1 | 1,327 | |
0.43 | Single-Family Home | $232,875 | 02/24/26 | 3 | 2 | 1,362 | |
0.34 | Single-Family Home | $350,000 | 10/29/25 | 3 | 2 | 1,636 | |
0.35 | Single-Family Home | $275,000 | 06/15/26 | 4 | 2 | 1,698 | |
0.47 | Single-Family Home | $272,000 | 11/24/25 | 3 | 2 | 1,440 | |
0.21 | Single-Family Home | $160,000 | 08/15/25 | 2 | 1 | 1,244 | |
0.42 | Single-Family Home | $320,000 | 05/08/26 | 3 | 2 | 1,215 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 521 Franklin St.
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
28 % 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.
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