# 811 Mallow Street, Rapid City, SD 57701

> **TL;DR:** 5bd/0ba residential multi family, $999,500 ($192/sqft), built 2005, 5,198 sqft. Est. $4,331/mo. Listed 14 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $999,500 |
| Price/sqft | $192 |
| Bedrooms | 5 |
| Square Feet | 5,198 |
| Year Built | 2005 |
| Lot Size | 17,424 sqft (0.40 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 14 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,331 |
| **Total** | **$4,331** |

## Property Highlights

- Built in 2005
- 0.40 acre lot
- 2 stories

## Description

### Agent Description
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.

## Location

- **Address:** 811 Mallow Street, Rapid City, SD 57701
- **Neighborhood:** Mallow Addition
- **Coordinates:** 44.091626, -103.23608
- **Google Maps:** https://www.google.com/maps?q=44.091626,-103.23608

## Listing Agent

- **Name:** Pete Jensen
- **Brokerage:** Keller Williams Realty Black Hills SP
- **Phone:** 6054846713
- **Email:** pete@thekahlerteam.com

## Primary Photo

![811 Mallow Street - Primary Photo](http://lh.rdcpix.com/edf9fdfed01adf3ee4cb319a24f25d4cl-f4029816337r.jpg)

*17 total photos available on [listing page](https://www.propertysimple.com/listing/811-mallow-street-rapid-city-sd-57701-sd87915)*

---

**MLS#:** 87915 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Mt. Rushmore Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/811-mallow-street-rapid-city-sd-57701-sd87915)

---

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