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711 5th St, 
Rapid City, SD 57702

$600,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Michael Bulich

Berkshire Hathaway HomeServices Midwest Realty

605-791-2340

Last updated:

September 1, 2026, 04:02 AM

MLS#

180788

Source:

SD BHMLS

About This Home

711 5th St

Listed by Mike Bulich (605-786-8107) with Berkshire Hathaway HomeServices Midwest Realty. Unique downtown Rapid City investment opportunity with multiple possibilities! Located directly behind the historic Pillen Optical Building, this non-conforming duplex is commercially zoned, offering potential to continue its current residential use or explore conversion to commercial space, subject to applicable city requirements and approvals. The property features two units, including a 1-bedroom, 1-bath upper apartment and a 2-bedroom, 1-bath main-level unit with basement access, plus a single-car garage. Its downtown location creates opportunities for rental income, office or commercial use, or a larger redevelopment vision utilizing both neighboring properties. Property must be sold with, or simultaneously with, the Pillen Optical Building at 501 Kansas City Street, MLS #178324. The list price of $600,000 is for both properties (711 5Th street & 501 Kansas City). Two neighboring downtown properties with income potential, commercial zoning, and flexibility for future use.

Home Facts

Multi-Family

Built in 1934

Subdivision & Development:

ORIGINAL TOWN

Price Summary

600,000

MLS #:

180788

Last Updated:

September 1, 2026, 04:02 AM

Added:

3 day(s) ago


Structure

Structure

Year Built:

1934


Finances & Disclosures

Finances

Price:

$600,000

Source:SD BHMLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.