811 Mallow, Rapid City, SD 57701
Local realty services provided by:CENTURY 21 ClearView Realty
811 Mallow,Rapid City, SD 57701
$999,500
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: pete jensen
Office: keller williams realty black hills rc
MLS#:87915
Source:SD_BHMLS
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 raise rents or enjoy a strong excellent CAP rate as is. Conveniently located near downtown Rapid City, the Monument Arena and easy access to I90 and the Black Hills....
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Home facts
- Year built:5
- Subdivision & Development:MALLOW ADD
- Listing ID #:87915
- Added:68 day(s) ago
- Updated:October 25, 2026 at 02:50 PM
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:5
- Foundation Description:Poured Concrete
Finances and disclosures
- Price:$999,500
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