$999,500
- 5 Beds
- 5,198 sqft (on 0.40 acres)
811 Mallow St, Rapid City, SD 57701
We estimate this home will sell faster than 83% nearby.
Home Highlights
Multi-Family
Built in 2005
0.4 acre lot
$192/sqft
Local Information
-- mins to
About this House
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.
Last check for updates: about 11 hours ago
Listing courtesy of Pete Jensen
Keller Williams Realty Black Hills SP
Source: Mount Rushmore Area AOR, MLS#87915

We estimate this home will sell faster than 83% nearby.
Home Details for 811 Mallow St
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Beds & Baths Number of Bedrooms: 5 |
Dimensions and Layout Living Area: 5198 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Electric Range Oven, Washer, DryerDryerRefrigeratorWasher |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Electric |
Gas & Electric Electric: BreakerNo Electric on Property |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoEntry Location: Private Entrance |
Security Security: Fire Sprinkler System |
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Exterior Home Features Roof: Composition |
Parking & Garage No CarportNo GarageParking: Paved |
Frontage Road Surface Type: Paved |
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Days on Market: 170 |
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Year Built Year Built: 2005 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Frame, Wood Siding |
Property Information Included in Sale: All Units, Refrigerator, Range/Oven, Washer, Dryer |
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Price List Price: $999,500Price Per Sqft: $192 |
Status Change & Dates Possession Timing: Negotiable |
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MLS Status: ACTIVE |
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Direction & Address City: Rapid CityCommunity: Mallow Addition |
School Information Elementary School District: Rapid CityJr High / Middle School District: Rapid CityHigh School District: Rapid City |
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Listing Agent Listing ID: 87915 |
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Building Area Building Area: 5198 Square Feet |
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Lot Area: 0.40 acres |
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Listing Terms: Cash, New Loan |
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Expense Tenant Pays: Gas/Electric |
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Owner Pays: Water/Sewer, Taxes |
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Mls Number: 87915 |
Around this home
What Locals Say about Rapid City
At least 315 Trulia users voted on each feature.
92 % Say car is needed
88 % Say it's dog friendly
83 % Say parking is easy
81 % Say there are sidewalks
78 % Say yards are well-kept
73 % Say there's holiday spirit
69 % Say kids play outside
67 % Say there's wildlife
65 % Say people would walk alone at night
64 % Say it's quiet
54 % Say streets are well-lit
51 % Say neighbors are friendly
42 % Say they plan to stay for at least 5 years
29 % Say it's walkable to restaurants
28 % Say it's walkable to grocery stores
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Rapid City
Last updated August 2026
Avg. sale price
$375K
$7.67KMoM
Sale-to-List Price
98.7%
0.2%MoM
Price per sq ft
$214
$2MoM
Available listings
439
14MoM
Home Value
Trulia Estimate
$947KSince last month
Increased$43K (+4.6%)Since last year
Decreased$16K (-1.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -2% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $970K |
| August 2026 | $947K |
| July 2026 | $927K |
| June 2026 | $931K |
| May 2026 | $934K |
| April 2026 | $945K |
| March 2026 | $986K |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.07 | Multi-Family Home | $662,000 | 05/04/26 | 8 | - | 4,374 | |
0.72 | Multi-Family Home | $220,000 | 04/17/26 | 5 | - | 2,352 | |
0.82 | Multi-Family Home | $520,000 | 03/10/26 | 7 | - | 3,451 | |
0.79 | Multi-Family Home | $273,000 | 01/26/26 | 6 | - | 1,256 | |
1.15 | Multi-Family Home | $278,000 | 10/02/25 | 6 | - | 2,464 | |
0.81 | Multi-Family Home | $169,000 | 12/19/25 | 3 | - | 1,768 | |
1.17 | Multi-Family Home | $280,000 | 06/22/26 | 5 | - | 1,848 | |
1.36 | Multi-Family Home | $250,000 | 07/31/26 | 6 | - | 2,016 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $379,800 | 4 | 3 | 1,788 | Off Market | |
0.07 | $662,000 | 8 | - | 4,374 | Recently Sold | |
0.09 | $652,100 | 8 | - | 4,806 | Off Market | |
0.10 | $164,900 | 1 | 1 | 768 | Off Market | |
0.16 | $214,700 | 2 | 2 | 1,485 | Off Market | |
0.18 | $100,000 | - | - | - | For Sale | |
0.21 | $428,000 | 2 | 2 | 1,776 | Off Market | |
0.27 | $219,700 | 2 | 2 | 1,768 | Off Market | |
0.32 | $189,000 | 3 | 1 | 1,240 | For Sale | |
0.31 | $244,700 | 3 | 2 | 2,050 | Off Market | |
0.34 | $270,000 | 4 | 2 | 2,408 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 27, 2026 Source: Mount Rushmore Area AOR #87915 | Listed For Sale | $999,500 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Pete Jensen, Keller Williams Realty Black Hills SP

The data relating to real estate for sale on this web site comes in part from the
Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow Inc. are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the
name of the listing brokers.
The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright 2026 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved
The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright 2026 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved
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Frequently asked questions about 811 Mallow St
- What is the estimated monthly payment for 811 Mallow St?Based on a $999,500 list price with 20% down at today's rates, the estimated monthly payment for 811 Mallow St in Rapid City, SD is approximately $6,319 (about $5,403 principal & interest, $841 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 811 Mallow St compare to homes in Rapid City?811 Mallow St in Rapid City, SD is listed at $999,500, about 167% above the $375K median sale price in Rapid City.
- What do residents say about Rapid City?Residents describe Rapid City, SD as dog-friendly, easy to park in, and pedestrian-friendly. See homes for sale in Rapid City, SD.
- What are the closest schools to 811 Mallow St?The closest schools to 811 Mallow St in Rapid City, SD are Central High School - 41 (rated 2/10), Horace Mann Elementary - 07 (rated 2/10), North Middle School - 35 (rated 2/10).
- Does 811 Mallow St have air conditioning?Yes, 811 Mallow St in Rapid City, SD has air conditioning.
- Does 811 Mallow St have laundry facilities?Yes, 811 Mallow St in Rapid City, SD has in-unit laundry.
811 Mallow St, Rapid City, SD 57701 is a 5 bedroom, 5,198 sqft multi-family built in 2005. This property is currently available for sale and was listed by Mount Rushmore Area AOR on Mar 27, 2026. The MLS # for this home is MLS# 87915.

