Turnkey 4-unit multifamily in Black Hawk, SD — all 1 bed, 1 bath units This well-maintained property offers a strong rental history with a consistent 0–5% vacancy rate and reliable tenant retention. Located just minutes from Rapid City and Ellsworth AFB, it’s ideal for commuters and working professionals. Each unit has a private entrance, ample parking, and modern finishes where updated. Low maintenance, easy to manage, and positioned in a high-demand rental market, this property is a solid opportunity for investors seeking stable cash flow with upside potential.
Under contract
Price cut: $50.9K (7/23)
$449,000
5400 Cedar St, Black Hawk, SD 57718
4beds
--baths
3,700sqft
Est.:
Quadruplex
Built in 1990
-- sqft lot
$480,600 Zestimate®
$121/sqft
$-- HOA
What's special
Ample parkingModern finishesPrivate entrance
- 57 days
- on Zillow |
- 211 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 07:16pm
Listed by:
Stacy Domogalski,
Berkshire Hathaway HomeServices Midwest Realty
Source: Mount Rushmore Area AOR,MLS#: 84855

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Heating
- Electric, Cove
Cooling
- Refrig. C/Air
Appliances
- Included: Dishwasher, Disposal, Refrigerator, Electric Range Oven, Washer, Dryer
Features
- Basement: Full,Walk-Out Access,Finished
Interior area
- Total structure area: 3,700
- Total interior livable area: 3,700 sqft
Property
Parking
- Parking features: Common
Features
- Entry location: Private Entrance
Lot
- Size: 10,018.8 Square Feet
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame, Other
- Foundation: Poured Concrete Found.
- Roof: Composition
Condition
- Year built: 1990
Utilities & green energy
- Electric: Breaker
Community & HOA
Community
- Security: Smoke Detector(s)
HOA
- Services included: Trash, Maintenance Grounds
Location
- Region: Black Hawk
Financial & listing details
- Price per square foot: $121/sqft
- Date on market: 6/13/2025
- Inclusions: All Units, Some Units, Refrigerator, Range/Oven, Dishwasher, Disposal, Washer, Dryer, Air Conditioner
- Lease term: 12 Months
- Tenant pays: Gas/Electric
- Electric utility on property: Yes
- Road surface type: Paved, Unimproved
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