Cape Girardeau, MO Apartment buildings for sale

Fully Leased 12-Unit Multifamily Investment

$1,100,000

11,832 SF

Fully Leased 12-Unit Multifamily Investment

3023 Aspen Drive, Cape Girardeau, MO 63701

A well-maintained, fully occupied 12-unit property with in-unit laundry and spacious 2-bedroom layouts built for steady income.

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

Updated: Jun 3

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Historic Neoclassical Revival Multifamily Property

$425,000

6,027 SF

Historic Neoclassical Revival Multifamily Property

325 N Sprigg Street, Cape Girardeau, MO 63701

Historic property near SEMO campus with income potential.

Prime location near Southeast Missouri State University campus.
Neoclassical Revival architecture with grand two‑story portico and striking 13” brick exterior.
Original historic details including grand staircase, pocket doors, wood floors, built‑ins, butler’s pantry, and massive fireplace.
Detached carriage house converted into apartment with 6 rooms and 2 bathrooms, offering income potential or flexible use.
Substantial upside potential for restoration or unique investment.

Updated: May 15

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$599,900

5,943 SF

Cape Girardeau Investment Opportunity

Apartment complex near SEMO with nine units and expansion potential.

239 N Middle Street, Cape Girardeau, MO 63701

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Investment Opportunity in Cape Girardeau

$700,000

0.17 Acres

Investment Opportunity in Cape Girardeau

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

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

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$1,100,000

11,832 SF

12-Unit Apartment Investment

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

3023 Aspen Drive, Cape Girardeau, MO 63701

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Cape Girardeau, MO, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$3,500,000

Five-Building Apartment Income Portfolio

Five commercial buildings provide income-producing units with assigned parking and utilities including public water/sewer.

401,427,431,451 Hutchinson Ave, Paducah, KY 42003

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$289,900

Six-Unit Multifamily Property

Six-unit income property with mostly 2BR/1BA apartments and current tenants.

1933 S 28th St., Paducah, KY 42001

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Contact for pricing

Farmington Multifamily Portfolio Opportunity

Two multifamily properties in Farmington, Missouri, with value-add potential.

601 Wallace Road, Farmington, MO 63640

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Contact for pricing

Farmington Multifamily Portfolio Opportunity

Two multifamily properties in Farmington, Missouri, totaling 135 units.

4826 Red Rooster Road, Farmington, MO 63640

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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.

$2,850,000

29.20 Acres

Prime Development Land, Springfield MO

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

N West Bypass, Springfield, MO 65802

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$2,500,000

5.94 Acres

Asheville Development Opportunity: 5.94 Acres

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

215 N Bear Creek Road, Asheville, NC 28806

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$699,900

1.33 Acres

Greenville Development Opportunity: 1.33 Acres

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

71 Salters Road, Greenville, SC 29607

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$285,000

0.74 Acres

Norman Land For Luxury Condos

Prime Norman land suitable for luxury condos development.

801 NW 36th Avenue, Norman, OK 73072

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Cape Girardeau, MO Apartment Buildings Investment Opportunities Market Analysis

Explore 5 apartment buildings for sale in Cape Girardeau, MO, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 23,802 square feet of properties for sale, with an estimated market value of $2,124,900.

Sale prices for two-family homes in Cape Girardeau, MO start at $425,000, averaging $708,300, 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.

Neighborhood	Average Price
63701	$512.5K
63703	$700K

Neighborhood

Average Price

63701

$512.5K

63703

$700K

Cape Girardeau, MO Apartment Buildings for Sale

3023 Aspen Drive, Cape Girardeau, MO 63701

325 N Sprigg Street, 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