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$1,250,000
184 Days On Site

1601 Evanston Ave
Hot Springs, SD 57747

Multi Family|Pending
0
Beds
0
Total Baths
18,048
SqFt
$69
/SqFt
1978
Built
Subdivision:
Other - Outside Jurisdiction
County:
Other (Out of Jurisdiction)
1601 Evanston Ave1601 Evanston Ave1601 Evanston Ave1601 Evanston Ave
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Mortgage Calculator

Monthly Payment (Est.)

$5,703
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

HUD Section 8 (HAP Contract) for sale in Hot Springs, SD! Unit Mix: Four (4) one-bedroom/one-bathroom units, twelve (12) two-bedroom/one-bathroom units; and four (4) three-bedroom/one-bathroom units. 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 conditioning, electric baseboard/cove heat, carpet/vinyl floor coverings, and mini-blinds. Property Amenities: Off-street parking, two (2) laundry rooms, playground (new fence installed around playground (October 2025) / picnic area, on-site office (currently not being used), on-site maintenance room. Section 8 Coverage (# units / %): 20 units / 100%. Section 8 Contract #: SD99-H001-066. Renewal Option: Option 4. Term / Expiration: 20 Years / April 30, 2040. Elderly / Family: Family. Management Occupancy Review (MOR): Above-Average (July 2025). REAC: 97c (December 2022). 100% Project-Based Section 8 rental subsidy. The property is currently financed through a HOME Loan. There may be an opportunity for the purchaser to assume the existing HOME debt, subject to approval by the South Dakota Housing Development Authority (SDHDA). Jeff Brooks is a licensed real estate broker in the State of South Dakota and part of the selling entity.

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Listing Snapshot
Price 
$1,250,000
Days On Site 
184 Days
Bedrooms 
N/A
Inside Area (SqFt) 
18,048 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.501 Acres
Year Built 
1978
MLS® Number 
22508614
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
4 months agoListing updated with changes from the MLS®
4 months agoStatus changed to Pending
4 months agoPrice changed to $1,250,000
6 months agoListing first seen on site
General Features
Acres 
1.501
Parking 
Paved
Property Sub Type 
Multi Family
Security 
Security LightsSmoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
18048
Water Source 
Public
Interior Features
Appliances 
RefrigeratorRange
Cooling 
Window Unit(s)
Flooring 
Carpet
Heating 
BaseboardElectric
Window Features 
Window Coverings
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Exterior Features
Roof 
Composition
Windows/Doors 
Window Coverings
Community Features
Building Access 
Private
MLS Area 
Outside MLS Jurisdiction
School District 
HotSprings
Schools
School District
HotSprings
Elementary School
Hot Springs ES
Middle School
Hot Springs MS
High School
Hot Springs HS
Listing courtesy of Jeffrey Brooks of Brooks Commercial Real Estate jeff@brooks-commercial.com



Information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. The data relating to real estate on this website comes in part from the Realtor Association of the Sioux Empire MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than Brooks Commercial Real Estate are marked with the Realtor Association of the Sioux Empire MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated at: 2026-05-19 05:09 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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