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    239 N Middle St Cape Girardeau, MO 63701

    Pending
    For Sale
    $599,900

    Mid-rise 3or4 Story, 5 Family or More - Cape Girardeau, MO

    Property size:
    5,943 SF
    Lot size:
    0.23 Acres
    Days on Market:
    73
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 239 N Middle St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    APN
    21-107-00-07-00100-0000
    Parking features
    Open, Parking Lot
    Size
    5,943 SF
    Lot size
    0.23 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating)
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1904
    Number of units
    9
    Building materials
    Brick
    Architectural style
    Other

    Edge Realty (573) 335-8111 [email protected]

    Listing agent Jacob Fish (573) 335-8111 License #2010013545

    Listing date Sep 24, 2025

    MLS# 24026409 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

    Cape Girardeau Investment Opportunity

    This apartment complex presents an investment opportunity in a location between Southeast Missouri State University (SEMO) and downtown Cape Girardeau. The property features nine existing units, with the potential for a tenth. The unit mix includes four one-bedroom/one-bathroom units, one studio, one two-bedroom/one-bathroom unit, one three-bedroom/1.5-bathroom unit, and one two-bedroom/two-bathroom unit with a bonus room. The property provides a private parking lot for tenants. The property is situated on a 0.231-acre lot and has a total area of 5943 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -89.52375
    Latitude
    37.307643

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    FAQs

    What type of property is this?
    Apartment building - Apartment complex near SEMO with nine units and expansion potential.
    Where is this apartment building located?
    The property is located at 239 N Middle St Cape Girardeau, MO.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: - Prime location between Southeast Missouri State University (SEMO) and downtown Cape Girardeau.; - Nine existing units with potential to add a tenth.; - Diverse mix of unit types including one-bedroom, studio, two-bedroom, and three-bedroom apartments.
    (573) 335-8111
    Request Owner's contact information
    239 N Middle 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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    239 N Middle St Cape Girardeau, MO 63701
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