$675,000

Estimated payment $4,198/month

Total Views 306
8 Beds
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Hot Property
  • City View
  • Interior Lot
  • Public Water Access
  • Balcony
  • Window Unit Cooling System

About This Home

Listed with TJ Wojtanowicz - Black Hills Realty - 605-863-1920 Welcome to 720 Mallow St! Here is your opportunity to have passive income and either rent all units or live in one and rent the rest. All units are 2 bedrooms and 1 bathroom, each with a 2-car garage! The structure was built in 2000 and has strong tenants in place. Interior of the units features LVP flooring, carpet, Stoves, Fridges, Dishwashers, and washer/dryer hookups. The exterior features ample parking with alley access, decks on each unit, vinyl windows, maintenance-free siding, and unique up/down units. Call to view today

Listing Agent

TJ Wojtanowicz

BLACK HILLS REALTY Listed on: 01/25/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,280

Year Built

  • Built in 2000

Lot Details

  • Private Entrance
  • Interior Lot
  • Lot Has A Rolling Slope

Parking

  • Garage

Property Views

  • City Views

Home Design

  • Quadruplex
  • Side-by-Side
  • Poured Concrete
  • Composition Roof
  • Hardboard

Outdoor Features

  • Public Water Access
  • Balcony

Utilities

  • Window Unit Cooling System
  • Radiant Heating System
  • Public Septic

Community Details

Overview

  • 4 Units
  • Mallow Add Subdivision

Building Details

  • Insurance Expense $3,820
  • Trash Expense $122
  • Water Sewer Expense $204
  • Gross Income $59,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,280

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Fourplex
  • Style: Side/Side, Up & Down
  • Lvt Date: 01/26/2026
  • View: City
  • Year Built: 2000
  • Safety Features: Smoke Detectors
  • Includes: All Units, Refrigerator, Range/Oven, Dishwasher, Microwave
  • Miscellaneous: Separate Meters, Individual Water Heaters
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance

Exterior Features

  • Construction: Hardboard
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking: Paved, Garage

Utilities

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

Fee Information

  • Insurance Expense: $3820/Year
  • Trash Expense: $122
  • Water Sewer Expenses: $204

Lot Info

  • Lot Size: .24 Acres
  • Lot Type: Rolling, Interior
  • Zoning: Conforming

Rental Info

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

Tax Info

  • Year: 2025
  • Taxes: 8280

Multi Family

  • Number Of Units: 4
  • Vacancy Rate: 0 - 5%
  • Unit Features: All Units, Hookups, Balcony/Deck, LR/DR Combo

Map

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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
2025 $8,194 $622,900 $26,100 $596,800
2024 $8,194 $599,100 $26,100 $573,000
2023 $6,981 $492,700 $26,100 $466,600
2022 $5,639 $371,400 $26,100 $345,300
2021 $6,253 $375,400 $26,100 $349,300
2020 $6,059 $351,900 $26,100 $325,800
2019 $6,203 $357,400 $26,100 $331,300
2018 $5,800 $352,500 $26,100 $326,400
2017 $6,036 $340,000 $31,400 $308,600
2016 $6,269 $333,400 $31,400 $302,000
2015 $6,269 $329,700 $31,400 $298,300
2014 $6,233 $319,000 $31,400 $287,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2026 01/25/26 For Sale $675,000 -- --
Source: Black Hills Association of REALTORS®

Source: Black Hills Association of REALTORS®

MLS Number: 177244

Black Hills Association of REALTORS®

APN: 20-35-284-032