811 Mallow Street, Rapid City, SD 57701

Built in 2005, this 8-unit apartment complex is arranged with four units on the upper level and four units on the ground level. Ground level units are zero-entry for access convenience, while the upper level is served by refreshed decks located on either end of the building. Each unit has its own private entry and an open-concept living layout with a full kitchen and private in-unit laundry, complemented by separate electric meters. The tenant mix includes two-bedroom/one-bath and three-bedroom/two-bath units. The property has been consistently maintained, with updates noted to kitchens, low-maintenance flooring, wall AC, and egress windows as needed, and all appliances staying with the units. Recent preventive maintenance includes water heater replacements, a newer roof, deck staining, and sprinkler system recharge.

The building is located in central Rapid City and is described as being near downtown and the Monument Arena, with access to I-90 and the Black Hills.

For buyers seeking a smaller, self-contained residential income asset, this configuration offers individually metered units with private entrances, in-unit laundry, and multiple unit sizes to serve different household needs. The on-site parking lot supports day-to-day tenant convenience, and the documented upkeep and capital items provide a practical foundation for continued property management.