Cape Girardeau County, MO Apartment buildings for sale

Updated: Jun 16

Fully Leased 12-Unit Multifamily Investment

3023 Aspen Drive, Cape Girardeau, MO 63701

$1,100,000

11,832 sqft · 0.64 AC lot

12‑unit multifamily property with spacious 2 bedroom, 1.5 bathroom units
Fully occupied with established rental income
Each unit includes in‑unit laundry
Built in 1985
Heating: electric forced air

View details

This listing looks promising.

Here's a quick look at some key insights for

3023 Aspen Drive, Cape Girardeau, MO 63701

View Property Analytics

Est. Cap Rate

7.9%
Above avg (5.9%)
Est. NOI

$87K
Annual
Price @ 7% Cap

$1.25M
Above asking
Property Type

Apartments (Generic)
Built 1983

View Property Analytics

Updated: Sep 24, 2025

Multi-Family Apartment Building

239 N Middle Street, Cape Girardeau, MO 63701

$599,900

5,943 sqft · 0.23 AC lot

Apartment complex built in 1904 with brick construction
Total of 9 existing units with potential to add a tenth unit
Unit mix includes four 1 bed/1 bath units, one studio, one 2 bed/1 bath, one 3 bed/1.5 bath, and one 2 bed/2 bath unit with a bonus room
Public utilities: public water and public sewer
Electric baseboard heating with electric water heater

View details

Investment Opportunity in Cape Girardeau

627-631-635 S Sprigg Street, Cape Girardeau, MO 63703

$700,000

0.17 AC lot

Three income-producing properties for sale in Cape Girardeau, Missouri.

View details

12-Unit Apartment Investment

3023 Aspen Drive, Cape Girardeau, MO 63701

$1,100,000

11,832 sqft

Fully occupied 12-unit multifamily property with in-unit laundry in each spacious two-bedroom unit.

View details

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Cape Girardeau County, MO, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

View details

Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

View details

Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

View details

Norman Land For Luxury Condos

801 NW 36th Avenue, Norman, OK 73072

$285,000

0.74 AC lot

Prime Norman land suitable for luxury condos development.

View details

Cape Girardeau County, MO Apartment Buildings Market Trends and Statistics

Explore 4 apartment buildings for sale in Cape Girardeau County, MO, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 29,607 square feet of properties for sale, with an estimated market value of $2,799,900.

Sale prices for two-family homes in Cape Girardeau County, MO start at $599,900, averaging $933,300, and reaching up to $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Cape Girardeau County, MO Apartment Buildings for Sale

3023 Aspen Drive, Cape Girardeau, MO 63701

239 N Middle Street, Cape Girardeau, MO 63701

627-631-635 S Sprigg Street, Cape Girardeau, MO 63703

3023 Aspen Drive, Cape Girardeau, MO 63701