5823 Corbin Dr, Rapid City, SD 57703
Property image
Property image
FOR SALE
0.69 ACRES

$229,900

Original price: $249,900
  • 4 Beds
  • 2,498 sqft (on 0.69 acres)

5823 Corbin Dr, Rapid City, SD 57703

Rapid Valley
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Home Highlights

Multi-Family
0.69 acre lot
$92/sqft
Garage

Local Information

  • Map ViewExplore the area around 5823 Corbin Dr.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Listed with Cierra VanderPol, Black Hills Realty, 605-593-1909 - Looking for a unique income-producing opportunity? Welcome to Corbin Drive! Situated on 0.69 acres, this versatile property features 2 homes with 2 finished rentable units and one unfinished, offering endless possibilities for investors and owner-occupants alike. The main home is currently configured with an upper-level unit featuring 2 bedrooms and 1 bathroom, while the unfinished lower level is ready to be completed into an additional 1 bedroom, 1 bathroom unit, creating even more income potential. Also included is a 1975 single-wide mobile home offering 2 bedrooms and 1 bathroom, providing an additional rental opportunity. Whether you're looking to live in one unit while the others help pay your mortgage, lease all three units to maximize cash flow, explore the opportunity to sell the homes separately, or make the duplex into a single-family home, this property offers exceptional flexibility. Current tenants are in place, with a 60-day notice required to vacate. With multiple income streams and future expansion potential, this is a rare investment opportunity you won't want to miss. Property is being sold as is. Schedule your private showing today!
Last check for updates: about 17 hours ago
Listing courtesy of Cierra Vanderpol
Black Hills SD Realty
Source: Mount Rushmore Area AOR, MLS#89843
Also Listed on Black Hills AOR, Black Hills AOR, Black Hills AOR, Black Hills AOR.

Home Details for 5823 Corbin Dr

Interior Features

Interior Details
Basement: Unfinished
Beds & Baths
Number of Bedrooms: 4
Dimensions and Layout
Living Area: 2498 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Refrigerator, Gas Range Oven, Electric Range Oven, Washer, Dryer, Water Softener OwnedDishwasherDryerRefrigeratorWasher
Heating & Cooling
Heating: Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas
Gas & Electric
Electric: Breaker, 220 VoltsNo Electric on Property
Windows, Doors, Floors & Walls
Window: Window Coverings (Some)
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: Composition MetalOther Structures: Shed(s), Outbuilding
Parking & Garage
Has a CarportHas a GarageParking: Carport,Garage,RV Access/Parking

Days on Market

Days on Market: 44

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: TriplexStructure Type: OtherArchitecture: Other
Building
Construction Materials: Frame, Block, Vinyl Siding, LT Smartside
Property Information
Included in Sale: Some Units, Refrigerator, Range/Oven, Dishwasher, Washer, Dryer, Air Conditioner

Price & Status

Price
List Price: $229,900Price Per Sqft: $92
Status Change & Dates
Possession Timing: Other (Remarks)

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: Rapid CityCommunity: Eastern Acres Subdivision
School Information
Elementary School District: Rapid CityJr High / Middle School District: Rapid CityHigh School District: Rapid City

Agent Information

Listing Agent
Listing ID: 89843

Building

Building Area
Building Area: 2498 Square Feet

Lot Information

Lot Area: 0.69 acres

Offer

Listing Terms: Cash, New Loan

Business

Expense
Tenant Pays: Rent Only

Rental Terms, Policies & Fees

Owner Pays: Gas/Electric, Water/Sewer, Taxes, Insurance

Miscellaneous

BasementMls Number: 89843

Around this home

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.

Neighborhood Overview

Rapid Valley
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Rapid Valley

At least 18 Trulia users voted on each feature.

  • 95 % Say it's dog friendly

  • 94 % Say parking is easy

  • 91 % Say car is needed

  • 91 % Say yards are well-kept

  • 88 % Say there's holiday spirit

  • 83 % Say kids play outside

  • 79 % Say there are sidewalks

  • 72 % Say it's quiet

  • 71 % Say people would walk alone at night

  • 67 % Say they plan to stay for at least 5 years

  • 58 % Say neighbors are friendly

  • 43 % Say there's wildlife

  • 29 % Say streets are well-lit

  • 17 % Say there are community events

  • 10 % Say it's walkable to restaurants

  • 10 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Rex
    "We have fireworks during the 4th of July. There is also pancake suppers for fundraiser for the Rapid Valley Fire department. "
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  • 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! "
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  • 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!!"
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  • 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 "
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  • Carmen E. B.
    "Lots of other animals in the neighborhood but people are rude about picking up dog poop I’ve noticed!"
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  • 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"
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  • 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"
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  • 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!! "
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  • Lori F.
    "Fourth of July is spectacular very neighborly nice place to live especially for young families with young kids school within walking distance "
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  • Lori F.
    "You see people walking there dogs and pushing strollers all the time very friendly for both kids and dogs! Great neighborhood to live in very safe and quiet "
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  • 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 "
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  • Dnoneill69
    "very friendly, great neighborhood great neighbors, kids playing. what I love most is being close to down town but far away enough for some quiet and less traffic. the area is definitely growning "
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Market trends in Rapid City

Last updated August 2026
Buyer'sMarketSeller'sMarket
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

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
213 E Watertown St, Rapid City, SD
4.42
Multi-Family Home
$211,050
09/11/26
3
-
1,680
205 E Watertown St, Rapid City, SD
4.45
Multi-Family Home
$250,000
07/31/26
6
-
2,016
621 East Blvd N, Rapid City, SD
4.65
Multi-Family Home
$278,000
10/02/25
6
-
2,464
1127 Holcomb Ave, Rapid City, SD
4.89
Multi-Family Home
$280,000
06/22/26
5
-
1,848
710 Haines Ave, Rapid City, SD
5.09
Multi-Family Home
$220,000
04/17/26
5
-
2,352
401 College Ave, Rapid City, SD
5.16
Multi-Family Home
$273,000
01/26/26
6
-
1,256

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
5792 Corbin Dr, Rapid City, SD 57703
0.03
$423,400
2
2
1,672
Off Market
5789 Corbin Dr, Rapid City, SD 57703
0.04
$299,900
4
3
2,052
For Sale
Shaw Ct, Rapid City, SD 57703
0.19
$63,000
-
-
-
For Sale
5656 Meteor St, Rapid city, SD 57703
0.19
$299,900
4
2
1,323
For Sale
5656 Other, Rapid City, SD 57703
0.19
$299,900
4
2
1,323
For Sale
2330 Reservoir Rd, Rapid City, SD 57703
0.24
$283,200
3
1
936
Off Market
5240 Albert Ln, Rapid City, SD 57703
0.24
$321,900
4
2
1,560
Off Market
2472 Jack Pine Dr, Rapid City, SD 57703
0.27
$348,600
4
2
1,824
Off Market
2446 Jack Pine Dr, Rapid City, SD 57703
0.28
$309,900
3
2
1,620
Recently Sold
5436 Weathervane Ln, Rapid City, SD 57703
0.31
$291,900
3
1.5
1,296
Off Market
2430 Sprucewood St, Rapid City, SD 57703
0.33
$296,900
3
2
1,296
Off Market

Price and Tax history

DateEventPrice
Sep 10, 2026
Source: Black Hills AOR #180350
PriceChange
$229,900
Price decreased by 8%
Aug 5, 2026
Source: Black Hills AOR #180350
Listed For Sale
$249,900

LGBTQ Local Legal Protections

Cierra Vanderpol, Black Hills SD Realty
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

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Frequently asked questions about 5823 Corbin Dr

  • What is the estimated monthly payment for 5823 Corbin Dr?
    Based on a $229,900 list price with 20% down at today's rates, the estimated monthly payment for 5823 Corbin Dr in Rapid City, SD is approximately $1,524 (about $1,256 principal & interest, $193 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 5823 Corbin Dr compare to homes in Rapid City?
    5823 Corbin Dr in Rapid City, SD is listed at $229,900, about 39% below the $375K median sale price in Rapid City.
  • What do residents say about the Rapid Valley neighborhood?
    Residents describe the Rapid Valley neighborhood in Rapid City, SD as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Rapid Valley, Rapid City.
  • What are the closest schools to 5823 Corbin Dr?
    The closest schools to 5823 Corbin Dr in Rapid City, SD are Douglas High School - 03 (rated 2/10), Douglas Middle School - 01 (rated 5/10), Patriot Elementary - 06 (Pre-K, rated 6/10).
  • Does 5823 Corbin Dr have laundry facilities?
    Yes, 5823 Corbin Dr in Rapid City, SD has in-unit laundry.
5823 Corbin Dr, Rapid City, SD 57703 is a 4 bedroom, 2,498 sqft multi-family. 5823 Corbin Dr is located in Rapid Valley, Rapid City. This property is currently available for sale and was listed by Mount Rushmore Area AOR on Aug 5, 2026. The MLS # for this home is MLS# 89843.