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16-Unit All-Brick Apartment Building
For Sale
$800,000

207 S 5th Street, Louisiana, MO 63353

MULTI_FAMILY - Louisiana, MO

Property SizeContact for details
Lot Size0.36 Acres
Days on Market222

Property Features for 207 S 5th Street

General Information

Property type Residential Multi Family
Property subtype Apartment
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Assigned
Interior features Apply To All Units
Exterior features Balcony
Accessibility Accessible Approach with Ramp
Directions South on highway 79, west on south Carolina street, and turn south on south 5th street. The apartment complex is located on the corner of south Carolina street and south 5th street.
Subdivision 999 - Other Missouri Area
Standard status Active
APN 08-04-18-004-043-001.000
Lot size 0.36 Acres

Taxes and HOA fees

Tax Description E 10' OF LOTS 383 & 384 & ALL LOTS 337 & 338 BLK 44 ORIG PLAT TR 130 X 120
Tax Annual Amount 5661
Legal Description E 10' OF LOTS 383 & 384 & ALL LOTS 337 & 338 BLK 44 ORIG PLAT TR 130 X 120

Utilities

Sewer type Public Sewer
Heating system Baseboard, Hot Water(Heating)
Cooling system Window Unit(s)
Water source Public

Amenities

coin-operated laundry
handicap-accessible
courtyard

Building Details

Year built 1978
Floors in Building 2
Number of units 16
Building materials Brick
Roof type Composition
Listing Agency: Juncture
Listed By: Rachel Moses · License #2017027237
Added: Jan 2 Changed: Aug 3 Last Checked: Aug 12 at 7:06AM
MLS# 2594641

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 well-maintained 16-unit, all-brick apartment complex features two-bedroom apartments designed for residents 62 years of age and older. The community centers around a courtyard with maintained landscaping. Units include balconies, and the property has handicap-accessible features with an accessible approach and ramp.

The complex is supported by a multi-year Housing Assistance Payment (HAP) contract through the U.S. Department of Housing and Urban Development, with eligibility for automatic annual OCAF rent increases. Occupancy is near full, with 15 of 16 units leased to long-standing residents. Coin-operated laundry is available on both the upper and lower levels, providing on-site convenience.

Additional property details include assigned parking, baseboard and hot water heating, window unit(s) cooling, a composition roof, and public water and public sewer service. The building was constructed in 1978 and sits on a 0.36-acre lot at 207 S 5th Street in Louisiana, Missouri.

Key Highlights

  • 16‑unit, all‑brick two‑bedroom apartment complex designed for residents 62+
  • Multi‑year HUD Housing Assistance Payment (HAP) contract with automatic annual OCAF rent increases
  • Near full occupancy with 15 of 16 units leased to long‑standing residents

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Real Estate Agency HVAC Service Plumbing Service Auto Parts Store Pharmacy

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

16
Residential units

Location Intelligence

Trade Area within ½ mile

222
Businesses Nearby

Demographics for 63353, MO

4,394
Population
2,439
Households
1.8
Avg Household Size
42
Median Age
16%
College-Educated
87%
High-School Grad
83.8 sq mi
ZIP Area
52
Density / Sq Mi
$49,219
Median Household Income
$35,583
Median Earnings
$678
Median Rent
$101,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 16 all-brick, two-bedroom units operate under a multi-year HUD HAP contract for senior housing.
Where is this apartment building located?
The property is located at 207 S 5th Street Louisiana, MO.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 16‑unit, all‑brick two‑bedroom apartment complex designed for residents 62+; Multi‑year HUD Housing Assistance Payment (HAP) contract with automatic annual OCAF rent increases; Near full occupancy with 15 of 16 units leased to long‑standing residents
More about this property
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