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Rapid City, SD 57701 811 Mallow Street

811 Mallow Street Rapid City, SD - Image 1811 Mallow Street Rapid City, SD - Image 2811 Mallow Street Rapid City, SD - Image 3
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811 Mallow Street Rapid City, SD - Image 4811 Mallow Street Rapid City, SD - Image 5811 Mallow Street Rapid City, SD - Image 6811 Mallow Street Rapid City, SD - Image 7811 Mallow Street Rapid City, SD - Image 8811 Mallow Street Rapid City, SD - Image 9811 Mallow Street Rapid City, SD - Image 10811 Mallow Street Rapid City, SD - Image 11811 Mallow Street Rapid City, SD - Image 12811 Mallow Street Rapid City, SD - Image 13811 Mallow Street Rapid City, SD - Image 14811 Mallow Street Rapid City, SD - Image 15811 Mallow Street Rapid City, SD - Image 16
Presented By: Keller Williams Realty Black Hills SP
  • MLS# 87915
  • 03/27/2026
  • Request Tour
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  • Beds • 8
  • Baths • 8
  • SQFT • 5,198

Home Details

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.
Presented By: Keller Williams Realty Black Hills SP

Interior Features for 811 Mallow Street

Bedrooms

Unit 1 Bedrooms3
Unit 2 Bedrooms2

Other Interior Features

# of Units8

General for 811 Mallow Street

Agent First NamePete
Agent Last NameJensen
AreaRapid City-Northwest
Auction Y/NNo
CityRapid City
ClassMULTI-FAMILY
ConstructionFrame
CoolingRefrig. Wall Unit
CovenantsNo
DirectionsHeading E on Omaha St. L on Founders Park Dr. R on Philadelphia St. L on Nickel St., L on Boegel St. R on Mallow, complex is on the L.
Docs on FileFinancials
HeatingElectric
Listing Agent2057
MiscellaneousSeparate Meters
ParkingPaved
Pets Allowed (Y/N)No
Rent Income93600
RoofComposition
Sale/RentFor Sale
School DistrictRapid City
Short SaleNo
StatusActive
StatusACTIVE
Status Detail0
Style2 Story
SubdivisionMallow Addition
SystemsBreaker
TermsCash, New Loan
TypeOther
Year Built2005

Exterior for 811 Mallow Street

ExteriorPaved Street
Lot Size Area0.4
SidingWood Siding

Additional Details

Price History

Jerilyn Suridis

Broker Associate
Price $999,500
MLS#87915
List Date 03/27/2026
Property Type Multi-Family
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