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Listed price in listed location currency (USD).
$1,300,000

000

MLS® 25083020

Overview

Key Facts

Type 
Levels Residential Income
Size 13420 sqft
Garage 
Taxes $6,518
Days Active 106
Lot Size 
Approx. Age 1978
Avg. Price Per Sqft $96
MLS® Number 25083020

Property Address: 207 S Main St, Louisiana, MO, 63353-2056

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number25083020
Laundry Level2nd Floor
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1978
Basement
DrivewayAdditional Parking, Concrete, On Site, Parking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 1, 2026List Date
$1,300,000List Price

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