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
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Zillow last checked:
Listing updated:
Listed by:
Kevin Andreson,
Keller Williams Realty Black Hills SP
Source: Mount Rushmore Area AOR,MLS#: 87718
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