$ 429,900
-
$429,900
Price -
4
Bed -
2
Bath -
3,215
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing ASHLAND - AHAMILTON
Own a piece of Cape Girardeau history with this beautifully preserved 1900 bungalow overlooking the Mississippi River. Sitting high on Good Hope Street in the Historic Downtown District, this property has been thoughtfully converted into two separate units, each with its own private entrance—an ideal setup for house hacking, multi-generational living, or investment. The main-level unit, River Dusk, showcases original character at every turn—10 ft ceilings, oversized windows, glass French doors, and the beautifully maintained green-tiled fireplace with a marble hearth. The updated kitchen features granite countertops, custom deep cabinetry, stainless appliances, and a gas range. This level offers 2 bedrooms, 1 bathroom with original tile and a clawfoot tub, a walk-in pantry, laundry room, and a covered front porch with river views. The upper-level unit, River Dawn, has its own private entrance and a bright, inviting layout with refinished Antique Hart Pine floors. This unit includes 2 bedrooms, a large bathroom with a double-sink vanity, soaking tub, and walk-in shower, a modern kitchen with island seating and stainless appliances, private laundry, and a living room with a bay window framing panoramic river and bridge views. The property is currently operated as furnished short-term rentals, and all furnishings are included—creating a true turnkey opportunity for the next owner. At the list price of $429,900, the property produces a 7.27% cap rate, offering strong cash-flow potential in a highly desirable downtown location. Both units share a fully fenced backyard and enjoy the walkability of Historic Downtown Cape—local shops, dining, the riverfront, and the Saturday farmers market are just a short stroll away. Whether you’d like to live in one unit and rent the other, continue operating successful furnished rentals, or explore long-term leasing options, this property offers flexibility, historic character, and unmatched views rarely found in Cape Girardeau.
Listing Highlights
Status
Active
Days on Site
22
Property Type
Residential
MLS ®
25078287
Year Built
1900
Total Square Footage
3,215
Lot/Acreage
0.17
County
Cape Girardeau
Neighborhood
Unknown
School District
Cape Girardeau 63
Elementary School
Blanchard Elem.
Middle School
Central Jr. High
High School
Central High
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Dishwasher, Microwave, Gas Range, Refrigerator
- Air Cond: Ceiling Fan(s),Central Air,Multi Units
- Heating: Forced Air,Natural Gas
- Fireplaces: 1, Living Room
- Floor: Carpet,Hardwood,Tile
- Above Ground Sq Ft: 3215
- Below Ground Sq Ft: n/a
- Basement: Bath/Stubbed,Concrete,Full,Unfinished
- Other: Custom Cabinetry,Double Vanity,Entrance Foyer,Granite Counters,High Ceilings,High Speed Internet,Historic Millwork,Kitchen Island,Pantry,Separate Dining,Separate Shower,Smart Thermostat,Tub,Walk-In Closet(s)
- Water: Public
Exterior Details
- Lot Description: Back Yard,City Lot,Corner Lot,Sloped,Some Trees,Views
- Garage Capacity: N/A
- Roof: Architectural Shingle
- Others: Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: No Driveway,No Garage,On Street
Financial Details
- Tax Amount: $442
- Taxes w/Assessments: N/A
- Tax/Property ID: 21-111-00-11-01400-0000
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
231 Good Hope St Cape Girardeau, MO 63703
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
