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Listing provided courtesy of RE/MAX Exclusive PropertiesMLS# 25077385MLS Provider
  • 223 days on site
  • 4 views

Investment Opportunity – Fully Occupied 5-Unit Apartment Building! Don't miss this income-producing property with all five units currently rented and generating $2,400 per month in gross rental income. With approximately $400 per month in operating expenses, this property offers strong cash flow potential for both seasoned investors and those looking to expand their portfolio. Unit Breakdown:?• Unit 1 – 2 Bedroom | $500/month?• Unit 2 – 1 Bedroom | $475/month?• Unit 3 – Studio | $445/month?• Unit 4 – Studio | $465/month?• Unit 5 – 1 Bedroom | $515/month This multi-family property provides immediate income from day one with established tenants already in place. Whether you're seeking a reliable investment, portfolio diversification, or a property with steady rental demand, this opportunity deserves a closer look. Fully rented. Immediate cash flow. Proven rental history. Schedule your showing today and see the potential this investment property has to offer!

Source: Missouri - MARIS MLS, MLS#: 25077385

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  • Property Type
    Residential Income
  • Lot
    0.15 acres

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Melanie Jacobs McGraw

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 402 N 1st Street S

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/23/2026Source: Missouri - MARIS MLS Status Change
Pending
2/7/2026Source: Missouri - MARIS MLS Price Reduction
$239,000 -4.0%
11/18/2025Source: Missouri - MARIS MLS Added to Database
November 18, 2025