#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
Home typeMulti Family
HeatingElectric, Zoned
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air, Zoned
Lot size0.23 Acres
Year built1990
MLS #84855
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
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity™ logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright 2025 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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.
How much money do the neighbors make?
24%
<35k
64%
35k-100k
10%
100k-200k
2%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
29%
Single, No Kids
14%
Single, with Kids
36%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
42%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Pro Wrestling
Where do the neighbors shop?
Academy Sports & Outdoors
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Applebees
What do the neighbors drive?
Chevrolet
Ram
GMC
What do the neighbors listen to?
New Country
Classic Country- Country
All data provided by Home Junction and Claritas
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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.
From Rocket Homes Real Estate and based on county public records data.