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

207 S Main Street, Louisiana, MO 63353

MULTI_FAMILY - Louisiana, MO

Property SizeContact for details
Lot Size0.33 Acres
Days on Market222

Property Features for 207 S Main Street

General Information

Property type Residential Multi Family
Property subtype Apartment
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Exterior features Balcony
Accessibility Accessible Approach with Ramp
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
Subdivision 999 - Other Missouri Area
Standard status Active
APN 08-04-18-004-040-003.000
Lot size 0.33 Acres

Taxes and HOA fees

Tax Description 8' S END LOT 98 & ALL 99 & 100 BLK 16 ORIG PLAT TR 114 X 128
Tax Annual Amount 6526
Legal Description 8' S END LOT 98 & ALL 99 & 100 BLK 16 ORIG PLAT TR 114 X 128

Utilities

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

Building Details

Year built 1978
Floors in Building 2
Number of units 20
Building materials Brick
Roof type Composition
Listing Agency: Juncture
Listed By: Rachel Moses · License #2017027237
Added: Jan 2 Changed: Jul 22 Last Checked: Aug 12 at 8:06AM
MLS# 2594659

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.

A well-maintained all-brick apartment complex offering 20 units. The property includes a serene green-space courtyard and coin-operated laundry facilities on both the upper and lower levels.

The complex is located at 207 S Main Street in Louisiana, Missouri, and is described as overlooking the Mississippi River. Public remarks indicate the property operates under a multi-year Housing Assistance Payment (HAP) contract with the U.S. Department of Housing and Urban Development.

According to the provided information, the HAP structure is referenced as being eligible for automatic annual OCAF rent increases. The public remarks also note convenient proximity to local restaurants, clinics, shops, and other amenities within walking distance.

Key Highlights

  • 20‑unit, all‑brick apartment complex built in 1978
  • Multi‑year Housing Assistance Payment (HAP) contract through HUD
  • Automatic annual OCAF rent increases under the HAP program

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 - All-brick 20-unit complex with 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 built in 1978; Multi‑year Housing Assistance Payment (HAP) contract through HUD; Automatic annual OCAF rent increases under the HAP program
More about this property
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