$585,000

5400 Cedar Dr Black Hawk, SD 57718

$6,947
Closing credit¹
Multi-Family

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 typeQuadruplex
HeatingRadiant, Wall Furnace
StatusActive
(ACTIVE)
CoolingWindow Unit(s), Other
Year built1990
ParkingSee Remarks
MLS #174249
ViewCity

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

IDXThe 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.

Copyright © 2025 by Black Hills Association of REALTORS®. 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: 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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5400 Cedar Dr, Black Hawk, SD 57718 - view of home's exterior with gravel driveway and a cooling unit

$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.

All data from GreatSchools

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.

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?

  • HuntingHunting
  • NASCARNASCAR
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart
  • Bass Pro ShopsBass Pro Shops

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • Hardee'sHardee's
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • RamRam
  • GMCGMC

What do the neighbors listen to?

  • New CountryNew Country
  • Classic CountryClassic Country
  • CountryCountry
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 $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%.

From Rocket Homes Real Estate and based on county public records data.

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