Search
Updated Quadplex Investment Property
For Sale
$424,000

205 SE 5th Street, Concordia, MO 64020

Residential Income, Concordia, MO

Property SizeContact for details
Lot Size0.52 Acres
Days on Market26

Property Features for 205 SE 5th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Res
Parking features Garage, Off Street
Patio and Porch features Porch
Appliances Dishwasher, Disposal, Electric Range
Elementary school district Concordia
Middle school district Concordia
High school district Concordia
Directions Take I70 exit to Concordia Missouri and head south on Main Street. Turn east onto 4th street and property is on the corner lot of 4th and St Louis.
Subdivision 210 - Lafayette County, Mo
Standard status Active
APN 19-2.0-04-2-001-062.000
Lot size 0.52 Acres

Taxes and HOA fees

Tax Description STRIPS IN CONCORDIA BEING PT OF NW1/4 (205 SE 5TH ST); 693-910, 836-825, 92 8-348, 2019DR1832 LOT: 0 BLOCK: 0 205 SE 5TH ST, CONCORDIA, MO 64020-0000
Tax Annual Amount 4123
Legal Description STRIPS IN CONCORDIA BEING PT OF NW1/4 (205 SE 5TH ST); 693-910, 836-825, 92 8-348, 2019DR1832 LOT: 0 BLOCK: 0 205 SE 5TH ST, CONCORDIA, MO 64020-0000

Utilities

Sewer type Public Sewer
Heating system Baseboard, Electric (Heating)
Cooling system Electric
Water source Public

Building Details

Year built 1989
Floors in Building 2
Number of units 4
Building materials Vinyl Siding
Roof type Composition
Listing Agency: RE/MAX Central · RE/MAX International
Listed By: Emily Collins · License #2019001696
Added: Aug 6 Changed: Aug 26 Last Checked: Aug 31 at 5:06AM
MLS# 2634973

Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential income property comprises two buildings on one parcel, with two units in each building for four total residences. Each unit includes two bedrooms and either one or one and a half bathrooms. Interior improvements include refreshed kitchens and bathrooms, newer flooring, updated lighting, fresh paint, and replacement windows and doors. The property also includes newer furnace and AC equipment, vinyl siding, composition roofing, porches, garage parking, and additional off-street parking.

The parcel contains 0.52 acres at 205 SE 5th Street in Concordia, Missouri. Public water and public sewer serve the property. Built in 1989, the quadplex is zoned Res, and all units are currently rented.

Key Highlights

  • Four total units across two buildings, with two units in each building
  • Each residence has 2 bedrooms; three units have 1 bath and one has 1.5 baths
  • All units are currently rented and income producing

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service Plumbing Service Real Estate Agency Parking Lot & Garage Furniture & Home Goods Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby

Demographics for 64020, MO

3,417
Population
1,469
Households
2.3
Avg Household Size
43
Median Age
24%
College-Educated
95%
High-School Grad
105.6 sq mi
ZIP Area
32
Density / Sq Mi
$61,250
Median Household Income
$40,199
Median Earnings
$737
Median Rent
$182,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Four currently rented residences offer updated interiors and separate property improvements in Concordia.
Where is this quadplex located?
The property is located at 205 SE 5th Street Concordia, MO.
What is the asking price?
The asking price for this property is $424,000.
What are key features of this property?
This property features: Four total units across two buildings, with two units in each building; Each residence has 2 bedrooms; three units have 1 bath and one has 1.5 baths; All units are currently rented and income producing
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message