1240 E Minnesota St, Rapid City, SD 57701 Property Records

Pennington County property record for 1240 E Minnesota St, Rapid City, SD 57701

Property Summary

Property TypeApartment House (2-4 Units)
Details6,998 sqft · built 2013
Lot Size2.09 acres (91,040 sqft)
OwnerCompany Name on File
Tax Bill$59,026 (2025)
Flood ZoneZone X (minimal risk)
APN38-18-276-010

Property Details

APN / Parcel Number

Primary APN38-18-276-010
Alternative APN
  • 66247

Interior

Units12 Units
Stories2 Stories
Building Area6,998 sqft Total Area

Exterior

Year BuiltBuilt 2013
Effective Year BuiltEffective 2013
Architectural StyleMulti-Family
Lot Area91,040 sqft (2.09 acres)
Total Buildings3 Buildings

Location & Zoning

Account Number66247
Street Address1240 E MINNESOTA ST
CityRAPID CITY
StateSD
Zip57701-2118
Property CategoryCommercial
Property TypeResidential > Multi-Unit > Apartment House (2-4 Units)
Legal DescriptionHAMILTON SUBD, LOT BR
Legal Range08E
Legal Township1N
Legal Section18
Legal SubdivisionHAMILTON SUBD
Legal Lot NumberBR
JurisdictionPENNINGTON SD
Township / Civil DivisionRAPID CITY
Census Block Group1
Census Block1019
Census Tract10904

Owner

1240 E Minnesota St, a residential property, is owned by a company that acquired it in April 2015.

Source: Pennington County records, as of October 13, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on File
Mailing AddressPO BOX 88337, SIOUX FALLS, SD 57109-8337
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last Transfer DateApr 13, 2015
Transfer DocA201504604
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

The 2025 property tax bill for 1240 E Minnesota St was $59,026.

Source: Pennington County assessment roll, as of September 14, 2026

Property Jurisdictions

TypeName
StateSouth Dakota
CountyPennington County
MunicipalityRapid City
Unified School DistrictRapid City School District 51-4 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed Value
2026$4,409,700 (-) Land $318,600 Building $4,091,100
2025$59,026.00$4,409,700 Land $318,600 Building $4,091,100
2023$65,653.00 (+10.07%)$4,665,300 Land $318,600 Building $4,346,700
2022$59,649.00

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

FEMA maps place 1240 E Minnesota St in Zone X, an area of minimal flood risk, within 100 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective June 11, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 100 ft
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 7 (15% premium discount)
Nearby Flood Policies2 in force
Nearby Flood Claims2 (1990–2023)
Claims Outside the SFHA2 of 2
Most Recent ClaimMay 2023 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 1240 E Minnesota St is low, with a 0.04% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 65% of the US · lower than 78% of South Dakota
Wildfire Likelihood0.04% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemRAPID CITY
serves 72,009 people · EPA ID SD4600406
Water SourceSurface water
Last State InspectionMay 2024
Lead6 ppb (2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 370 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Midco
Cable
2,000 / 1,000
Bluepeak
Cable · Fiber in parts of the area
1,000 / 30

May also be available: Verizon.

Nearby Properties on E Minnesota St

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