$449,000
$136K PRICE DROP

5400 Cedar St Black Hawk, SD 57718

Blackhawk Neighborhood

Estimated payment $2,671/month

Total Views 1,783
4 Beds
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Public Water Access
  • Concrete Block With Brick
  • Fenced
  • City View
  • Private Entrance

About This Home

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.

Listing Agent

Stacy Domogalski

BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY SPEARFISH BRANCH Listed on: 06/13/2025

BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY SPEARFISH BRANCH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,242

Year Built

  • Built in 1990

Lot Details

  • Private Entrance
  • Fenced

Home Design

  • Quadruplex
  • Side-by-Side
  • Concrete Block With Brick
  • Frame Construction
  • Composition Roof

Utilities

  • Window Unit Cooling System
  • Radiant Heating System
  • Heating System Mounted To A Wall or Window
  • Septic Tank

Additional Features

  • City Views
  • Walk-Out Basement
  • Public Water Access

Community Details

Overview

  • 4 Units

Building Details

  • Trash Expense $150
  • Water Sewer Expense $50
  • Gross Income $3,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,242

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Fourplex
  • Style: Side/Side, Up & Down
  • Lvt Date: 06/13/2025
  • View: City
  • Year Built: 1990
  • Safety Features: Smoke Detectors, Fire Alarm
  • Includes: Some Units, Refrigerator, Range/Oven, Dishwasher, Washer, Dryer
  • Miscellaneous: Separate Meters, Individual Water Heaters, Individual Heat & Air, Dead Bolt Locks
  • Agent Only_ L A1 User Code: 2065
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance

Exterior Features

  • Construction: Concrete Block, Frame
  • Foundation: Basement, Walkout
  • Roof: Composition

Utilities

  • Air Conditioner: Window
  • Heating: Radiant Heat, Wall
  • Sewer: Septic
  • Water: City

Fee Information

  • Total Expenses: $200
  • Management Expense: $0
  • Trash Expense: $150
  • Water Sewer Expenses: $50

Lot Info

  • Lot Size: .23
  • Lot Type: Flat
  • Zoning: Conforming

Rental Info

  • Type of Tenancy: 1 Year Lease, Vacant
  • Who Pays Electricity: Tenant
  • Who Pays Gas: Tenant
  • Who Pays Trash: Owner
  • Who Pays Water Sewer: Owner

Tax Info

  • Year: 2024
  • Taxes: 2242.00

Multi Family

  • Number Of Units: 4
  • Vacancy Rate: 0 - 5%
  • Unit Features: Some Units, Fenced Area, Kit/DR Combo

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,572 $212,198 $29,283 $182,915
2023 $2,412 $188,900 $29,283 $159,617
2022 $2,242 $166,734 $25,868 $140,866
2021 $2,280 $162,099 $25,473 $136,626
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Price Changed $449,000 -10.2% --
06/30/2025 06/30/25 Price Changed $499,900 -14.5% --
06/13/2025 06/13/25 For Sale $585,000 +225.0% --
07/03/2019 07/03/19 Sold $180,000 -10.0% --
06/10/2019 06/10/19 Price Changed $200,000 -16.7% --
04/15/2019 04/15/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $240,000 -- --
Source: Black Hills Association of REALTORS®

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Source: Black Hills Association of REALTORS®

MLS Number: 174249

Black Hills Association of REALTORS®

APN: 20.43.01D

South Dakota Meade County Black Hawk 57718 Blackhawk

5400 Cedar St, Black Hawk, SD

This home is located at 5400 Cedar St, Black Hawk, SD 57718 and is currently priced at $449,000. This property was built in 1990. 5400 Cedar St is a home located in Meade County with nearby schools including Black Hawk Elementary School, West Middle School, and Stevens High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Black Hills Association of REALTORS® IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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Stacy Domogalski
Listing Agent
Stacy Domogalski
Section Image
BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY SPEARFISH BRANCH
(605) 453-4879