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.
For sale
$449,000
5400 Cedar St, Black Hawk, SD 57718
4beds
--baths
3,700sqft
Est.:
Quadruplex
Built in 1990
-- sqft lot
$444,500 Zestimate®
$121/sqft
$-- HOA
What's special
Ample parkingModern finishesPrivate entrance
- 180 days |
- 220 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: November 24, 2025 at 07:46am
Listed by:
Stacy Domogalski,
Berkshire Hathaway HomeServices Midwest Realty
Source: Mount Rushmore Area AOR,MLS#: 84855
Tour with a local agent
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
- Total actual rent: 3575
- Tenant pays: Gas/Electric
- Electric utility on property: Yes
- Road surface type: Paved, Unimproved
Estimated market value
$444,500
$422,000 - $467,000
$1,364/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Listed for sale | $449,000$121/sqft |
Source:  Mount Rushmore Area AOR #84855 Report a problem | ||
| 8/6/2025 | Contingent | $449,000$121/sqft |
Source:  Black Hills AOR #174249 Report a problem | ||
| 7/23/2025 | Price change | $449,000-10.2%$121/sqft |
Source: Mount Rushmore Area AOR #84855 Report a problem | ||
| 6/30/2025 | Price change | $499,900-14.5%$135/sqft |
Source: Black Hills AOR #174249 Report a problem | ||
| 6/13/2025 | Listed for sale | $585,000+225%$158/sqft |
Source: Black Hills AOR #174249 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,738/mo
Principal & interest
$2196
Property taxes
$385
Home insurance
$157
Climate risks
Neighborhood: 57718
Nearby schools
GreatSchools rating
- 3/10Black Hawk Elementary - 03Grades: K-5Distance: 0.5 mi
- 5/10West Middle School - 37Grades: 6-8Distance: 5.4 mi
- 5/10Stevens High School - 42Grades: 9-12Distance: 5.2 mi
Schools provided by the listing agent
- District: Rapid City
Source: Mount Rushmore Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading
- Loading
