302 E  Pine St, Philip, SD 57567
Property image
Property image
PENDING
0.38 ACRES

$530,000

  • Studio
  • 8,308 sqft (on 0.38 acres)

302 E Pine St, Philip, SD 57567

Est. Mortgage $3,205/mo*
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Home Highlights

Multi-Family
Built in 1979
0.38 acre lot
$64/sqft

Local Information

  • Map ViewExplore the area around 302 E Pine St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Off-street parkingElectric baseboard heatAir conditionerSeparate individual entrancesWasher and dryer hookups
HUD Section 8 (HAP Contract) property for sale in Philip, SD! Unit Mix: One (1) one-bedroom/one-bathroom unit, eight (8) two-bedroom/one-bathroom unit, and one (1) three-bedroom/one bathroom unit. Owner Responsibility: Water, sewer, trash removal, repairs/maintenance, lawn care, and snow removal. Tenant Responsibility: Electric, phone, cable, and internet. Unit Amenities: Stove, refrigerator, air conditioner, electric baseboard heat, washer & dryer hookups, carpet/vinyl floor coverings, and mini-blinds. Property Amenities: Off-street parking and separate individual entrances. A new roof was installed in October 2022 following a wind and hail damage insurance claim. Insurance proceeds covered both the roof and siding; however, while the roof was replaced, the siding was not. On December 13, 2022, a tenant-caused fire in Unit #4 resulted in a complete, insurance-funded restoration of the unit. The parking lot was chip sealed in June 2024. Section 8 Coverage (# units / %): 6 units / 60%. Section 8 Contract #: SD99-H001-074. Renewal Option: Option 4. Term / Expiration: 20 Years / May 31, 2040. Elderly / Family: Family. Management Occupancy Review (MOR): Above-Average (July 2025). NSPIRE: 92 (June 2025). 60% Project-Based Section 8 rental subsidy. In July 2025, the property completed a HUD Section 8(bb) transaction, resulting in the removal of four (4) units from the HAP Contract and associated budget authority. This strategic use of the 8(bb) program allowed the owner to reposition the asset by converting these units to market-rate, with the goal of enhancing occupancy performance and better aligning with community housing needs. HUD’s Section 8(bb) program permits the transfer of budget authority from one property with a Project-Based Section 8 HAP contract to another eligible property. Stewart Avenue Improvement Project: City of Philip. Expected completion date is October 15, 2025. Contact listing broker for details. The Riverview Townhouses are being offered as part of a portfolio transaction and must be acquired together with the Senechal Apartments, located at 125 Pine Street, Philip, SD 57567. Please contact the listing broker for additional details. Jeff Brooks is a licensed real estate broker in the State of South Dakota and part of the selling entity.
Last check for updates: about 2 hours ago
Listing courtesy of Jeffrey P Brooks
Brooks Commercial Real Estate, (605) 261-2215
Source: Realtor Association of the Sioux Empire, MLS#22508615

Home Details for 302 E Pine St

Interior Features

Dimensions and Layout
Living Area: 8308 Square Feet
Appliances & Utilities
Appliances: Refrigerator, RangeRefrigerator
Heating & Cooling
Heating: Baseboard,ElectricHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard
Windows, Doors, Floors & Walls
Flooring: Carpet
Levels, Entrance, & Accessibility
Stories: 2Entry Location: PrivateFloors: Carpet
Security
Security: Security Lights, Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: Composition
Parking & Garage
No CarportParking: Paved
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1979
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Property Information
Parcel Number: See survey in Documents.

Price & Status

Price
List Price: $530,000Price Per Sqft: $64
Status Change & Dates
Off Market Date: Sun Feb 15 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Pending

Location

Direction & Address
City: PhilipCommunity: Other - Outside Jurisdiction
School Information
Elementary School: Philip ESElementary School District: Haakon 27-1Jr High / Middle School: Philip JHSJr High / Middle School District: HaakonSDHigh School: Philip HSHigh School District: HaakonSD

Agent Information

Listing Agent
Listing ID: 22508615

Building

Building Area
Building Area: 8308 Square Feet

Lot Information

Lot Area: 0.38 acres

Rental Terms, Policies & Fees

Owner Pays: Water, Trash Collection, Snow Removal, Sewer

Miscellaneous

Mls Number: 22508615

Price and Tax history

DateEventPrice
Sep 28, 2026
Source: Realtor Association of the Sioux Empire #22508615
Pending
$530,000
Nov 15, 2025
Source: Realtor Association of the Sioux Empire #22508615
Listed For Sale
$530,000

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Philip

At least 1 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say there are community events

  • 100 % Say it's walkable to grocery stores

  • 100 % Say people would walk alone at night

  • 100 % Say there are sidewalks

  • 100 % Say streets are well-lit

  • 50 % Say it's quiet

  • 50 % Say there's wildlife

  • 50 % Say parking is easy

  • 50 % Say neighbors are friendly

  • 50 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.

Market trends in Philip

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
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Sourced by Trulia Market Trends

Home Value

Learn more about this home's value by checking out the value of nearby homes.

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.01
-
2
1
784
Off Market
0.02
-
Studio
-
-
Off Market
0.03
-
Studio
-
2,516
Off Market
0.03
-
Studio
-
-
Off Market
0.05
$203,200
2
1
1,462
Off Market
0.05
-
Studio
-
-
Off Market
0.05
-
Studio
-
-
Off Market
0.06
$296,200
3
2
1,592
Off Market
0.06
-
Studio
-
-
Off Market
0.06
-
Studio
-
-
Off Market
0.06
-
2
1
768
Off Market
0.07
$274,500
Studio
-
576
Off Market
0.07
-
Studio
-
-
Off Market
0.07
-
Studio
-
-
Off Market
0.07
-
Studio
-
-
Off Market
0.07
$281,500
3
3
1,131
Off Market
0.07
$417,100
Studio
1
3,194
Off Market
0.07
-
Studio
2
1,596
Off Market
0.07
-
3
1
1,152
Off Market
0.07
-
Studio
-
-
Off Market

LGBTQ Local Legal Protections

Jeffrey P Brooks, Brooks Commercial Real Estate, (605) 261-2215
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. Copyright 2026 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.

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Frequently asked questions about 302 E Pine St

  • What is the estimated monthly payment for 302 E Pine St?
    Based on a $530,000 list price with 20% down at today's rates, the estimated monthly payment for 302 E Pine St in Philip, SD is approximately $3,236 (about $2,900 principal & interest, $261 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What are the closest schools to 302 E Pine St?
    The closest schools to 302 E Pine St in Philip, SD are Philip Elementary - 02 (rated 5/10), Philip High School - 01 (rated 7/10), Philip Jr. High - 03 (rated 7/10).
  • Does 302 E Pine St have air conditioning?
    Yes, 302 E Pine St in Philip, SD has air conditioning.
  • Does 302 E Pine St have parking?
    Yes, 302 E Pine St in Philip, SD has on-site parking.
302 E Pine St, Philip, SD 57567 is a studio, 8,308 sqft multi-family built in 1979. This property is currently available for sale and was listed by Realtor Association of the Sioux Empire on Nov 15, 2025. The MLS # for this home is MLS# 22508615.