#173515, ARNIE SHARP, Listing office: NAVX REALTY
5400 Cedar Dr Black Hawk, SD 57718
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
- Parking: See Remarks
- View: City
- Architectural Style: Side/Side, Up & Down
- Heating: Radiant, Wall Furnace
- Cooling: Window Unit(s), Other
- List Price: $585,000
- Lot: Level
- Year Built: 1990
- MLS Number: 174249
- Office Name: BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY SPEARFISH BRANCH
- Listing Agent: STACY DOMOGALSKI
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of Black Hills Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability.
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Last updated on: 6/15/2025, 11:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$585,000
5400 Cedar Dr
$6,947
closing credit¹
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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. Typical income of Black Hawk, SD residents is between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 5400 Cedar Dr
The listing price of 5400 Cedar Dr property is $585,000.
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 $585,000.
While more than 1 listings in Black Hawk, SD in May 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below. The inventory of homes for sale in Black Hawk, SD between April and May 2025 increased by 55%.