711 5th St
Rapid City, SD 57701
- Studio
$203,200
as of Aug 24, 2026
$203,200
as of Aug 24, 2026
Studio
Home Value
Trulia Estimate
$203KSince last month
Increased$7K (+3.5%)Since last year
Increased$8K (+3.9%)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 +46% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $205K |
| July 2026 | $198K |
| June 2026 | $202K |
| May 2026 | $201K |
| April 2026 | $195K |
| March 2026 | $195K |
| February 2026 | $198K |
| January 2026 | $192K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
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 |
|---|---|---|---|---|---|---|---|
0.35 | Multi-Family Home | $317,500 | 07/30/26 | 2 | - | 1,374 | |
0.54 | Multi-Family Home | $265,000 | 01/16/26 | 4 | 2 | 1,702 | |
0.72 | Multi-Family Home | $520,000 | 03/10/26 | 7 | - | 3,451 | |
0.76 | Multi-Family Home | $169,000 | 12/19/25 | 3 | - | 1,768 | |
0.90 | Multi-Family Home | $220,000 | 04/17/26 | 5 | - | 2,352 | |
0.97 | Multi-Family Home | $278,000 | 10/02/25 | 6 | - | 2,464 | |
0.99 | Multi-Family Home | $662,000 | 05/04/26 | 8 | - | 4,374 | |
1.09 | Multi-Family Home | $250,000 | 07/31/26 | 6 | - | 2,016 | |
1.09 | Multi-Family Home | $265,000 | 05/27/26 | - | 2,040 | ||
1.12 | Multi-Family Home | $164,000 | 11/26/25 | 3 | - | 1,680 |
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 | $219,000 | 2 | 1 | 1,536 | For Sale | |
0.10 | $239,900 | 3 | 2 | 1,248 | For Sale | |
0.12 | $290,200 | 6 | 2 | 2,296 | Off Market | |
0.15 | $305,000 | 3 | 2 | 1,056 | Recently Sold | |
0.17 | $154,700 | 2 | 1 | 1,492 | Off Market | |
0.18 | $225,100 | 2 | 1 | 1,080 | Off Market | |
0.29 | $275,000 | 2 | 2 | 1,319 | Recently Sold | |
0.29 | $395,000 | - | - | - | For Sale | |
0.29 | $669,500 | 3 | 2.5 | 2,754 | For Sale | |
0.29 | $734,500 | 3 | 2 | 2,641 | For Sale | |
0.31 | $540,000 | 3 | 2.5 | 3,106 | Recently Sold | |
0.35 | $317,500 | 2 | - | 1,374 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1934
About this House
This Non-conforming duplex offers a unique investment opportunity, but must be sold with or at the same time as the historic Pillen Optical Building (MLS 170636) in downtown Rapid City. The property features two units: a 1-bedroom, 1-bathroom apartment upstairs and a 2-bedroom, 1-bathroom unit downstairs with access to a basement space. A single-car garage is included, adding convenience for tenants or owners. Located directly behind the Pillen Optical Building, this duplex is ideal for generating rental income or as part of a larger redevelopment vision in this revitalized downtown area. Don t miss out on this excellent opportunity!
711 5th St, Rapid City, SD 57701 is a studio multi-family built in 1934. It is currently off market. The Trulia Estimate is $203,200, with a rent estimate of $1,346/month.
Contact this Building
Home Details for 711 5th St
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|---|
Heating & Cooling Heating: ElectricHeating Fuel: Electric |
Appliances & Utilities Refrigerator |
|
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Year Built Year Built: 1934 |
Property Type / Style Property Type: Multi Family |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 13, 2024 Source: BHHS broker feed #170638 | ListingRemoved | $200,000 |
Sep 20, 2024 Source: Black Hills AOR #170638 | Listed For Sale | $200,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,214 | $166,800 |
Home facts updated by county records
Market trends in Rapid City
Last updated July 2026
Avg. sale price
$367K
$14.18KMoM
Sale-to-List Price
98.9%
0.1%MoM
Price per sq ft
$212
$0MoM
Available listings
425
49MoM
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
Frequently asked questions about 711 5th St
- What is 711 5th St estimated to be worth?Trulia's estimated value for 711 5th St in Rapid City, SD is $203,200.
- Is Rapid City a buyer's or seller's market?Rapid City is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Rapid City?The median sale price in Rapid City is $367K. That is up $14.18K from the prior month.
- What do residents say about Rapid City?Residents describe Rapid City, SD as dog-friendly, easy to park in, and pedestrian-friendly. See recently sold homes in Rapid City, SD.

