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Multifamily Property with Expansion Potential
For Sale
$1,700,000

20770 US 136 Highway, Princeton, MO 64673

Residential Income, Princeton, MO

Property SizeContact for details
Lot Size8.00 Acres
Days on Market70

Property Features for 20770 US 136 Highway

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Res
Rooms Basement
Parking features Off Street
Patio and Porch features Deck, Porch
Exterior features Balcony
Appliances Dishwasher, Refrigerator, Built-In Oven
Elementary school district Princeton R-V
Middle school district Princeton R-V
High school district Princeton R-V
Directions From Hwy 65 and Hwy 136, turn east on Hwy 136 approximately 1 mile to the property on the right.
Subdivision 109 - East of I-35 & North of Hwy 92
Standard status Active
APN 11070260000008.00
Lot size 8.00 Acres

Taxes and HOA fees

Tax Annual Amount 9037

Utilities

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

Building Details

Year built 1996
Floors in Building 2
Number of units 23
Building materials Frame, Vinyl Siding, Wood Siding
Roof type Composition
Listing Agency: RE/MAX Town and Country · RE/MAX International
Listed By: Anita Riley · License #2005025300
Added: Jun 16 Changed: Aug 19 Last Checked: Aug 24 at 7:06PM
MLS# 2626816

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 multifamily property includes two 10-unit apartment buildings plus three ranch-style homes: two with two bedrooms and one bathroom, and one with one bedroom and one bathroom. Built in 1996, the buildings feature frame construction, vinyl and wood siding, composition roofs, balconies, decks, porches, and all-electric heating and cooling. Appliances include dishwashers, refrigerators, and built-in ovens.

The property occupies approximately 8 acres along US 136 Highway outside Princeton, Missouri, with public water and public sewer service. Off-street parking, open green space, and a setting appreciated by tenants are included. Utilities have been stubbed for three additional homes, creating documented expansion capacity. Zoning is listed as Res.

Key Highlights

  • Two 10‑plex apartment buildings plus three ranch‑style homes
  • Approximately 8 acres along US 136 Highway outside Princeton, Missouri
  • Utilities stubbed for three additional homes

Property Analytics

Current Use

Apartment buildings

Lease Details

23
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 64673, MO

2,470
Population
1,238
Households
2
Avg Household Size
42
Median Age
17%
College-Educated
89%
High-School Grad
236.8 sq mi
ZIP Area
10
Density / Sq Mi
$55,227
Median Household Income
$40,000
Median Earnings
$550
Median Rent
$91,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Income-producing apartment and ranch-home community with public utilities, off-street parking, and additional residential infrastructure in place.
Where is this apartment building located?
The property is located at 20770 US 136 Highway Princeton, MO.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Two 10‑plex apartment buildings plus three ranch‑style homes; Approximately 8 acres along US 136 Highway outside Princeton, Missouri; Utilities stubbed for three additional homes
More about this property
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