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5400 Cedar Dr, 
Black Hawk, SD 57718

$449,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Stacy Domogalski

Berkshire Hathaway HomeServices Midwest Realty Spearfish Branch

605-791-2340

Last updated:

January 30, 2026, 04:56 PM

MLS#

174249

Source:

SD BHMLS

About This Home

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.

Home Facts

Multi-Family

Built in 1990

Price Summary

449,000

MLS #:

174249

Last Updated:

January 30, 2026, 04:56 PM

Added:

8 month(s) ago

Structure

Structure

Architectural Style:

Side/Side, Up & Down

Year Built:

1990

Finances & Disclosures

Finances

Price:

$449,000

Source:SD BHMLS
The information being provided by Black Hills Board Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Black Hills Board Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.