BEDS0
BATHS
SQUARE FEET13,420
MLS#25083020
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONOriginal Town
SCHOOLLouisiana R-II
Property Description
Beautiful 20-Unit All-Brick Apartment Complex Overlooking Courtyard & River ViewsExceptional 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall Unit(s), Wall/Window Unit(s), Window Unit(s)
Heating: Baseboard, Electric
Home Style: Apartment Style
Lot Size: 0.33 Acres
Roof Type: Composition
Taxes: $6,518
Year Built: 1978
Amenities
Dining/Living Room Combo
Eat-in Kitchen
Laminate Counters
Open Floorplan
Feature Descriptions
Appliances: Electric Cooktop, Dryer, Exhaust Fan, Electric Oven, Refrigerator, Washer, Water Heater
Days on Site: 61
Exterior: Brick
Laundry: 2nd Floor, Common Area, In Hall, Laundry Room, Lower Level, Main Level, Multiple Locations
Lot: Garden, Landscaped, Natural Foliage, Near Park, Near Public Transit, Views, Waterfront
Parcel#: 08-04-18-004-040-003.000
Parking: Additional Parking, Concrete, On Site, Parking Lot
Parking Notes: Additional Parking, Concrete, On Site, Parking Lot
SQFT. Above Grade: 12000
Units: 20
Water: Public
Window: Blinds
Local Schools
High School: Louisiana High
Middle School: Louisiana Middle
Elementary School: Louisiana Elem.
School District: Louisiana R-II
Listed By / Shown
Listed By
Agency Name: Juncture Real Estate, LLC
Shown By
Agency Title: Trophy Properties & Auction
Agency Phone: (855) 573-5263
Estimate Your Payment
Estimated Payment
$ 4,570.74 per month $3,560.91 Principal & Interest $543.17 Property Tax $466.67 Homeowner's Insurance
207 S Main Street | MLS# 25083020
This multi-family property located at 207 S Main Street, Louisiana, MO 63353 is currently listed for sale with an asking price of $1,600,000. S Main Street is located within the Louisiana R-II school district. Search Louisiana real estate on www.trophypa.com today.