NEW! Buy and sell safely with virtual options - Learn More
About the Listing JNTR01 - RACMOSES
Beautiful 20-Unit All-Brick Apartment Complex Overlooking Courtyard & River Views Exceptional investment opportunity featuring a well-maintained, 20-unit, all-brick apartment complex overlooking a serene green-space courtyard and the majestic Mississippi River. This property operates under a multi-year Housing Assistance Payment (HAP) contract through the U.S. Department of Housing and Urban Development, making it eligible for automatic annual OCAF rent increases—providing stable, predictable income. Residents enjoy clean, functional living with coin-operated laundry facilities on both the upper and lower levels. The property is located within walking distance of local restaurants, clinics, shops, and other amenities, offering excellent convenience for tenants. This subsidized housing community serves residents age 62 and older, as well as disabled individuals, and is home to many long-term, loyal tenants—reflecting the property’s strong reputation and consistent demand. A rare chance to acquire a reliable, income-producing asset with built-in rent growth and a highly stable tenant base.
Listing Highlights
Status
Active
Days on Site
60
Property Type
Multi-Family
MLS ®
25083020
Year Built
1978
Total Square Footage
13,420
Lot/Acreage
0.34
County
Pike
Neighborhood
Original Town
School District
Louisiana R-II
Elementary School
Louisiana Elem.
Middle School
Louisiana Middle
High School
Louisiana High
Interior Details
- Bedrooms: 2
- Bathrooms: 2 Full
- Appliances: Electric Cooktop, Dryer, Exhaust Fan, Electric Oven, Refrigerator, Washer, Water Heater
- Air Cond: Wall Unit(s),Wall/Window Unit(s),Window Unit(s)
- Heating: Baseboard,Electric
- Fireplaces:
- Floor: Carpet,Combination,Laminate,Linoleum,Luxury Vinyl
- Above Ground Sq Ft: 12000
- Below Ground Sq Ft: n/a
- Basement:
- Other: Dining/Living Room Combo,Eat-in Kitchen,Laminate Counters,Open Floorplan
- Water: Public
Exterior Details
- Lot Description: Garden,Landscaped,Natural Foliage,Near Park,Near Public Transit,Views,Waterfront,River Front
- Garage Capacity: N/A
- Roof: Composition
- Others: Balcony,Courtyard,Entry Steps/Stairs,Garden,Lighting,Ramp Entry,Uncovered Courtyard,Updated/Remodeled
- Sewer:
- Parking Features: Additional Parking,Concrete,On Site,Parking Lot
Financial Details
- Tax Amount: $6,518
- Taxes w/Assessments: N/A
- Tax/Property ID: 08-04-18-004-040-003.000
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
207 S Main St Louisiana, MO 63353
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 -
