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    224 N Frederick St Cape Girardeau, MO 63701

    For Sale
    $600,000

    Commercial Sale - Cape Girardeau, MO

    Property size:
    4,548 SF
    Lot size:
    0.77 Acres
    Days on Market:
    58
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 224 N Frederick St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    21-107-00-07-01300-0000
    Appliances
    Dishwasher, Dryer, Microwave, Refrigerator, Washer, Washer/Dryer Combo
    Size
    4,548 SF
    Lot size
    0.77 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1989
    Flooring type
    Vinyl
    Building materials
    Brick, Brick Veneer
    Architectural style
    Other

    EXP Realty, LLC (913) 908-8001 [email protected]

    Listing agent Christina Essner (866) 224-1761 License #2020001873

    Listing date Oct 9, 2025

    MLS# 25068336 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated 11-Bedroom Income Property

    Located in downtown Cape Girardeau, this renovated property features 11 bedrooms and spans over 5,100 square feet. The building, formerly a medical facility, was transformed in 2020 into a sorority house. The layout includes bedrooms arranged along the perimeter, a central living room, a dining area, and an oversized kitchen with a butler's pantry. A sunroom is located at the back of the property. There are three bathrooms, one half bath, and two laundry rooms. Situated on a 0.77-acre lot, the property includes twenty-five parking spaces. It is suited for group housing, co-living arrangements, student rentals, or conversion back into professional office or medical space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nina Hill Medical Clinic Dr. Thymios P. ... Family Practice Physician Lori Palmer Social Worker Gayla A. Dace, RN Doctor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cape Girardeau
    County
    Cape Girardeau
    State
    Missouri
    Longitude
    -89.52476884
    Latitude
    37.30750606

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    FAQs

    What type of property is this?
    Apartment building - Fully renovated 11-bedroom property in downtown Cape Girardeau, Missouri.
    Where is this apartment building located?
    The property is located at 224 N Frederick St Cape Girardeau, MO.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Prime downtown location steps from dining, shopping, and campus.; - Proven income-producing property as a high-demand sorority house.; - Fully renovated in 2020 with **11 bedrooms** and over **5,100 square feet**.
    (866) 224-1761
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    224 N Frederick St Cape Girardeau, MO 63701
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    Cape Girardeau, MO 63701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    224 N Frederick St Cape Girardeau, MO 63701
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