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    Section 8 Multifamily Apartment Building
    Updated: Nov 16, 2025
    Section 8 Multifamily Apartment Building

    101 Center Ave, Philip, SD 57567

    Contact for pricing
    16,596 sqft
    HUD Section 8 (HAP Contract) property in Philip, SD with 100% project‑based subsidy covering 16 units (100%).
    Unit mix includes sixteen 1‑bedroom/1‑bath units and three commercial spaces.
    Section 8 contract #: SD99‑H001‑070; 20‑year term with expiration May 31, 2040 and renewal option (Option 4).
    Commercial tenants include Daymond Lurz ($350/month), State Farm Insurance ($340/month), and Elizabeth Boardman ($300/month).
    Building amenities include a community room, main floor laundry room, elevator, and onsite property management office.
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Philip, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    8-Unit Multifamily Apartment Building
    8-Unit Multifamily Apartment Building

    10 E Quincy Street, Rapid City, SD 57701

    $899,000
    0.16 AC lot

    Eight-unit multifamily property with coin-operated laundry, off-street parking, and landlord-paid utilities.

    View details
    22-Unit Apartment Property
    22-Unit Apartment Property

    311 Deadwood Street, Fort Pierre, SD 57532

    $750,000

    Two buildings combine market-rate apartments with senior/HAP housing in Fort Pierre.

    View details
    80-Unit Single-Level Apartment Community
    80-Unit Single-Level Apartment Community

    3151 OUTLOOK CIR, Rapid City, SD 57701

    $12,400,000

    Two- and three-bedroom layouts, garage parking, and shared indoor and outdoor amenities serve residents across the property.

    View details
    22-Unit Apartment Portfolio
    22-Unit Apartment Portfolio

    213 & 311 N Deadwood St, Fort Pierre, SD 57532

    Contact for pricing

    Two nearby apartment properties offer market-rate and senior/HAP housing configurations in Fort Pierre.

    View details

    Off-Market Properties in Philip, SD

    Consider similar Off-Market properties in Philip, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Philip, SD 57567
    APARTMENT HOUSE (5+ UNITS)

    Philip, SD 57567

    Estimated value:
    $310,000
    7,200 sqft 0.72 AC lot
    View details
    165 Ctr Ave
    APARTMENT HOUSE (5+ UNITS)

    165 Ctr Ave, Philip, SD 57567

    Estimated value:
    $270,000
    2,525 sqft 0.07 AC lot
    View details
    108 12th S Larimer Ave
    APARTMENT HOUSE (5+ UNITS)

    108 12th S Larimer Ave, Philip, SD 57567

    Estimated value:
    $265,000
    1,416 sqft 0.09 AC lot
    View details
    402 Larimer Ave
    APARTMENT HOUSE (5+ UNITS)

    402 Larimer Ave, Philip, SD 57567

    Estimated value:
    $260,000
    1,650 sqft 0.29 AC lot
    View details
    Philip, SD 57567
    APARTMENT HOUSE (5+ UNITS)

    Philip, SD 57567

    Estimated value:
    $285,000
    4,154 sqft 0.29 AC lot
    View details

    Philip, SD Apartment Buildings Market Trends and Statistics

    Explore 6 apartment buildings for sale in Philip, SD on our real estate platform. These investment opportunities span a total of 16,596 square feet of properties for sale.

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    Demographics Overview

    Population 1,014
    Population Growth (5Y) -31.6%
    Median Household Income $55,542
    College Educated 18.1%

    How Realmo verifies these figures

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