Apartment Building

Mount Vernon, MO Apartment Buildings for Sale

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9-Unit Apartment Building
Updated: Jul 2
9-Unit Apartment Building

Mount Vernon, MO 65712

$900,000
2.91 AC lot
Nine apartments: eight one‑bedroom units and one two‑bedroom unit
Eight of the nine units are leased
2.91‑acre site; the front portion lies within a floodplain
Central coin‑operated laundry and paved parking
B‑3 zoning
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Turnkey Multi-Family Income Property
Updated: Jul 2
Turnkey Multi-Family Income Property

301 West, Mount Vernon, MO 65712

Contact for pricing
5,000 sqft 2.91 AC lot
Fully renovated 9‑unit multi‑family built in 1945 with 8 of 9 units currently leased
Unit mix: eight 1‑bedroom units and one 2‑bedroom unit
Current rents generate $6,850/month with updated flooring, fresh paint, and updated appliances in every unit
2.91‑acre lot with additional land for potential future expansion (front portion in a floodplain; verify with due diligence)
Central coin‑operated laundry facility plus paved parking
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2 active listings match your search: Apartment Building for sale in Mount Vernon, MO. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Six-Unit Apartment Building
Six-Unit Apartment Building

806 W Walnut Street, Springfield, MO 65806

$300,000
2,587 sqft 0.18 AC lot

Separate living spaces and private entrances accompany recent improvements to plumbing, flooring, appliances, and the roof.

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5-Unit Apartment Building
5-Unit Apartment Building

17614 Elwood Junction Road, Neosho, MO 64850

$325,000
3,250 sqft 0.47 AC lot

Fully occupied apartment property with separately metered electric service and a mix of one- and three-bedroom units.

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5-Unit Apartment Building
5-Unit Apartment Building

17614 Elwood Junction Road, Neosho, MO 64850

$325,000
0.47 AC lot

Five-unit property with a varied unit mix, separate electric metering, and current occupancy.

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Multifamily Package Near Downtown Springfield
Multifamily Package Near Downtown Springfield

608 W Walnut St, Springfield, MO 65806

$1,265,000

16-unit multifamily package near downtown Springfield, Missouri.

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Mount Vernon, MO Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Mount Vernon, MO on our real estate platform. These investment opportunities span a total of 5,000 square feet of properties for sale, with an estimated market value of $900,000.

Sale prices for apartment complexes in Mount Vernon, MO average $900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 8,910
Population Growth (5Y) +3.8%
Median Household Income $61,832
College Educated 27.4%

High-Yield Neighborhoods for Investment

Identify Mount Vernon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
65712 $900K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lawrence County

New Delisted

Total CRE Inventory on Market (SF)

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