Haakon County, SD Residential income properties for sale

Updated: Nov 16, 2025

Section 8 Multifamily Apartment Building

101 Center Ave, Philip, SD 57567

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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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Off-Market Properties in Haakon County, SD

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