239 N Middle Street, Cape Girardeau, MO 63701
Mid-rise 3or4 Story, 5 Family or More - Cape Girardeau, MO
- Added:
- Sep 24, 2025
- Days on Market:
- 263
- Last Refresh:
- Jun 13 at 1:06 am
Property Features for 239 N Middle Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Open, Parking Lot
- Standard status
- Pending
- APN
- 21-107-00-07-00100-0000
- Size
- 5,943 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 969
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
Listing agent Jacob Fish License #2010013545 (573) 450-3791
Listing office Edge Realty 2511 Independence Suite 100, Cape Girardeau, MO (573) 335-8111
Listing date Sep 24, 2025
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.
HighLights
- 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.
- Private parking lot with ample space.
- Brick construction.
- Electric baseboard heating.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.6k | $14.40 |
| − Vacancy | −$6.0k | −$1.01 |
| EGI | $79.6k | $13.39 |
| − OpEx | −$35.8k | −$6.03 |
| NOI | $43.8k | $7.37 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cape Girardeau
- County
- Cape Girardeau
- State
- Missouri
- Longitude
- -89.52375
- Latitude
- 37.307643
