Listed by Kevin Andreson, Keller Williams Black Hills | 605-646-5409 Single-Family Rental Portfolio – 19 Homes | Box Elder, SD Exceptional opportunity to acquire a 19-home single-family rental portfolio in the rapidly growing community of Box Elder, South Dakota, located just minutes from Rapid City and Ellsworth Air Force Base, home to the future B-21 Raider mission. The significant expansion planned at Ellsworth is expected to bring continued population growth and housing demand to the area. The portfolio consists of 19 modern single-family homes, each offering 3 bedrooms, 2 bathrooms, and a detached single-car garage. Built approximately 10 years ago, these homes feature maintenance-free exteriors and modern construction on permanent foundations, helping keep long-term operating and maintenance costs manageable. The portfolio includes 15 homes on crawl spaces with permanent foundations and 4 homes with full basements. Each property sits on its own separately platted lot, offering flexibility and long-term ownership value. Investment Highlights 19 single-family rental homes 3 bedroom / 2 bathroom floorplans Detached single-car garages Homes located on separately platted lots Maintenance-free exterior construction Tenants pay utilities 15 crawl space homes and 4 homes with full basements Strong rental demand driven by Ellsworth AFB and regional growth Excellent access and visibility from Exit 67 on I-90
For sale
Price cut: $200K (5/1)
$4,150,000
270 Landmark Ct, Box Elder, SD 57719
--beds
--baths
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Detached single-car garageMaintenance-free exteriors
- 110 days |
- 51 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Kevin Andreson,
Keller Williams Realty Black Hills SP
Source: Mount Rushmore Area AOR,MLS#: 87718
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Facts & features
Interior
Heating
- Electric, Heat Pump
Cooling
- Refrig. C/Air
Appliances
- Included: Dishwasher, Disposal, Refrigerator, Electric Range Oven, Microwave
Features
- Basement: Crawl Space
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Levels: One
- Stories: 1
Lot
- Features: Highway Access
Details
- Parcel number: 2221452011
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Concrete
- Roof: Composition
Utilities & green energy
- Electric: Breaker
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Freedom Estates Subdivision 2
Location
- Region: Box Elder
Financial & listing details
- Tax assessed value: $245,000
- Annual tax amount: $3,988
- Date on market: 3/11/2026
- Listing terms: Cash,New Loan
- Inclusions: All Units, Refrigerator, Range/Oven, Dishwasher, Disposal, Microwave
- Lease term: 12 Months
- Tenant pays: Gas/Electric, Water/Sewer
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,469/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Price change | $4,150,000-4.6% |
Source: | ||
| 3/11/2026 | Listed for sale | $4,350,000+1605.9% |
Source: | ||
| 5/28/2025 | Listing removed | $1,475 |
Source: Zillow Rentals Report a problem | ||
| 4/23/2025 | Listed for rent | $1,475 |
Source: Zillow Rentals Report a problem | ||
| 4/9/2025 | Listing removed | $1,475 |
Source: Zillow Rentals Report a problem | ||
| 4/7/2025 | Listed for rent | $1,475+1.7% |
Source: Zillow Rentals Report a problem | ||
| 4/7/2025 | Listing removed | $255,000 |
Source: | ||
| 12/18/2024 | Listed for sale | $255,000 |
Source: | ||
| 7/31/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/25/2023 | Listed for rent | $1,450 |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,988 +5% | $245,000 -3% |
| 2024 | $3,798 -0.9% | $252,700 +8.5% |
| 2023 | $3,834 +10.3% | $232,900 +5.7% |
| 2022 | $3,477 | $220,400 +27.5% |
| 2021 | -- | $172,800 +20.6% |
| 2020 | $3,029 | $143,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 57719
Nearby schools
GreatSchools rating
- 6/10Patriot Elementary - 06Grades: PK-3Distance: 2.2 mi
- 5/10Douglas Middle School - 01Grades: 6-8Distance: 2.3 mi
- 2/10Douglas High School - 03Grades: 9-12Distance: 2.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- South Dakota
- Pennington County
- Box Elder
- 57719
- 270 Landmark Ct




