#173515, ARNIE SHARP, Listing office: NAVX REALTY
Property details
About 5400 Cedar Dr
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.
Highlights
(ACTIVE)
Summary
- Architectural Style: Up & Down
- Heating: Electric, Zoned
- Cooling: Central Air, Zoned
- List Price: $499,900
- Directions: Heading N. on Sturgis Rd. turn left on Cedar St. property will be on the right.
- Year Built: 1990
- Lot Size: 0.23 Acres
- MLS Number: 84855
- Office Name: Berkshire Hathaway HomeServices Midwest Realty
- Office Phone: (605) 791-2340
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Last updated on: 7/9/2025, 11:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
2
Black Hawk Elementary School
Public District KG-5
0.5 mi
•7108 Seeaire St
7
Pinedale Elementary School
Public District KG-5
4.4 mi
•4901 W Chicago St
5
South Canyon Elementary School
Public District KG-5
4.7 mi
•218 Nordby Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,371. The majority of Black Hawk, SD residents have income between $35k-100k annually. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 5400 Cedar Dr
The listing price of 5400 Cedar Dr property is $499,900.
The property 5400 Cedar Dr is a multi located in Black Hawk, South Dakota, 57718.
Active Listing: 5400 Cedar Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5400 Cedar Dr are: Black Hawk Elementary School (GreatSchools Rating 2/10), Pinedale Elementary School (GreatSchools Rating 7/10), South Canyon Elementary School (GreatSchools Rating 5/10), Stagebarn Middle School - 10 (GreatSchools Rating 4/10), West Middle School (GreatSchools Rating 5/10), North Middle School (GreatSchools Rating 3/10), Stevens High School (GreatSchools Rating 6/10), Central High School (GreatSchools Rating 3/10), Douglas High School (GreatSchools Rating 3/10).
The year of construction for 5400 Cedar Dr is 1990.
This home is located at 5400 Cedar Dr in Black Hawk, SD and zip code 57718. Features: 0 bathroom. It has been listed on Rocket Homes since June 13, 2025 and is currently priced at $499,900.
In June 2025, from all listings sold in Black Hawk, SD there were more than 0 sold above asking price, over 0 sold below and more than 4 were sold right at the asked price. The number of listings in Black Hawk, SD increased by 57.1% between May and June 2025.