Cape Girardeau, MO Apartment buildings for sale

Updated: Jul 7

Triplex Multifamily Investment Package

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

$700,000

0.17 AC lot

Investment package includes three income‑producing properties: 627, 631, and 635 Sprigg St
Two multifamily buildings totaling 9 units: 5 units at 627 Sprigg St and 4 units at 635 Sprigg St
Property at 631 Sprigg St is currently occupied by Tropical Island Pets
Construction materials include vinyl siding
Utilities include public water

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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

Brick apartment complex built in 1904 with electric baseboard and electric heating.
Nine existing units with potential to add a tenth unit.
Unit mix includes four 1BR/1BA, one studio, one 2BR/1BA, one 3BR/1.5BA, and one 2BR/2BA with a bonus room.
Public utilities: public water and public sewer.
Cooling includes window unit(s); electric water heater included.

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12-Unit Apartment Investment

3023 Aspen Drive, Cape Girardeau, MO 63701

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11,832 sqft

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

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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 11 Potential Opportunities for your consideration. Besides 3 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.

Small Multifamily Investment

1933 S 28th Street, Paducah, KY 42001

$300,000

4,620 sqft 0.33 AC lot

Six-unit multifamily property with five 2BR/1BA units and ongoing electrical and unit renovations.

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Five-Building Apartment Income Portfolio

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

$3,500,000

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

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Two-Building Townhome-Style Apartment

512 S Beveridge Street 16, Carbondale, IL 62901

Contact for pricing

Two buildings totaling 16 units, featuring central air and individual utilities with laundry hookups.

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Multifamily Rental Building

519 S Rawlings St, Carbondale, IL 62901

Contact for pricing

Rental complex with six units, on-site parking, and HVAC in every unit.

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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.

Retail-Zoned Development Land Opportunity

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

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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.

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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.

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Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000

0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Cape Girardeau, MO Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Cape Girardeau, MO, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 17,775 square feet of properties for sale, with an estimated market value of $1,299,900.

Sale prices for two-family homes in Cape Girardeau, MO start at $599,900, averaging $649,950, and reaching up to $700,000 — 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
63703	$700K
63701	$933.3K

Neighborhood

Average Price

63703

$700K

63701

$933.3K

Cape Girardeau, MO Apartment Buildings for Sale

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

239 N Middle Street, Cape Girardeau, MO 63701

3023 Aspen Drive, Cape Girardeau, MO 63701