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20-Unit All-Brick Apartment Complex
For Sale
$1,000,000

207 S Main Street, Louisiana, MO 63353

MULTI_FAMILY - Other - Louisiana, MO

Property Size13,420 SF
Lot Size0.34 Acres
Price / SF$74.52
Days on Market32

Property Features for 207 S Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Dining Room
Parking features Parking Lot
Security features Security
Window features Blinds
Patio and Porch features Patio, Deck
Interior features Dining/Living Room Combo, Eat-in Kitchen, Laminate Counters, Open Floorplan
Exterior features Balcony, Courtyard, Entry Steps/Stairs, Garden, Lighting, Ramp Entry, Uncovered Courtyard
Accessibility Accessible Approach with Ramp
Appliances Electric Cooktop, Dryer, Exhaust Fan, Electric Oven, Refrigerator, Washer, Water Heater
Subdivision Thomas Apartments
Lot features Garden, Landscaped, Natural Foliage, Near Park, Near Public Transit, Views, Waterfront
Elementary school Louisiana Elem.
Middle school Louisiana Middle
High school Louisiana High
Elementary school district Louisiana R-II
Middle school district Louisiana R-II
High school district Louisiana R-II
Directions From Highway 54 in Louisiana, head south on Main Street. Continue south past the downtown. The apartment complex will be on the right-hand side at 207 South Main Street, Louisiana, MO 63353.
Standard status Active
APN 08-04-18-004-040-003.000
Size 13,420 SF
Lot size 0.34 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 8' S END LOT 98 & ALL 99 & 100 BLK 16 ORIG PLAT TR 114 X 128
Tax Annual Amount 6518
Legal Description 8' S END LOT 98 & ALL 99 & 100 BLK 16 ORIG PLAT TR 114 X 128

Utilities

Utilities Water Available
Heating system Electric (Heating), Baseboard
Cooling system Wall/Window Unit(s), Wall Unit(s), Window Unit(s)
Water source Public
Water front features Waterfront, River Front
Water front 1

Amenities

coin-operated laundry
courtyard

Building Details

Year built 1978
Floors in Building 2
Number of units 20
Flooring type Combination, Laminate, Carpet, Vinyl, Linoleum
Building materials Brick
Roof type Composition
Architectural style Other
Listing Agency: Juncture Real Estate, LLC
Listed By: Rachel Moses · License #2017027237
Added: Jul 12 Changed: Aug 4 Last Checked: Aug 12 at 7:06AM
MLS# 25083020

Copyright © 2026 Mid America Regional Information Systems, Inc. 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 20-unit all-brick apartment complex was built in 1978 and totals 13,420 square feet on a 0.335-acre lot. The property features a courtyard setting with river frontage and open outdoor spaces including a courtyard, patio, deck, and balcony. Interior layouts include options such as dining/living room combo and eat-in kitchen, with laminate counters and an open floorplan. Heating is baseboard electric, and cooling is provided through wall and window units. Residents have coin-operated laundry facilities on both the upper and lower levels. Accessibility is supported with an accessible approach using a ramp entry.

The complex operates under 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. The community serves residents age 62 and older and disabled individuals. Public water is available, and the roof is composition.

On-site parking is provided via a parking lot, and the exterior includes courtyard lighting and entry steps/stairs to support everyday circulation throughout the property.

Key Highlights

  • 20‑unit all‑brick apartment complex with courtyard and river‑front views
  • Multi‑year Housing Assistance Payment (HAP) contract through HUD
  • Eligible for automatic annual OCAF rent increases

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Auto Parts Store Pharmacy Spa & Massage 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

20
Residential units

Location Intelligence

Trade Area within ½ mile

216
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 - 20-unit all-brick complex with courtyard and river frontage, coin-operated laundry on upper and lower levels.
Where is this apartment building located?
The property is located at 207 S Main Street Louisiana, MO.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 20‑unit all‑brick apartment complex with courtyard and river‑front views; Multi‑year Housing Assistance Payment (HAP) contract through HUD; Eligible for automatic annual OCAF rent increases
More about this property
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