811 Mallow Street, Rapid City, SD 57701

Local realty services provided by:CENTURY 21 Stevens and Associates, Inc.
811 Mallow Street,Rapid City, SD 57701
$999,500
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: pete jensen
Office: keller williams realty black hills sp
MLS#:87915
Source:SD_NBHMLS

Price summary

  • Price:$999,500

About this home

Listed by Pete Jensen, KWBH, 605-484-6713. Great opportunity to add your investment porfolio- 8 unit apartment complex in central Rapid City with impressive occupancy rate and consistent rental history! Built in 2005, the building has 4 units on the upper level and 4 units on ground level, with a private parking lot. Ground level units are zero-entry for great accessibilty. Upper levels are accessed via recently refreshed decks on either end of the building. Combination of 2 bedroom/1 bathroom and 3 bedroom/2 bathroom units with rent ranging from $875-$1,075/unit, each having private entries, an open concept living space, full kitchen, private in-unit laundry and separate electric meters. Consistently improved on, units have updated kitchens, wall AC, low maintenance flooring, egress windows as needed and all appliances stay. Lots of recent preventive maintenance - water heater replacements, newer roof, deck staining, sprinkler system recharge, etc. Added income potential- room to...

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Home facts

  • Year built:2005
  • Listing ID #:87915
  • Added:6 day(s) ago
  • Updated:April 03, 2026 at 02:38 PM

Heating and cooling

  • Cooling:Refrig. Wall Unit
  • Heating:Electric

Structure and exterior

  • Roof:Composition
  • Year built:2005
  • Lot area:0.4 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$999,500

Features and amenities

  • Amenities:Paved Street