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32-Unit Brick Apartment Community
For Sale
$2,000,000

245 Chambers Road, Riverview, MO 63137

Residential Income, Riverview, MO

Property Size23,744 SF
Lot Size1.07 Acres
Price / SF$84.23
Days on Market58

Property Features for 245 Chambers Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 2, Dining Room, Basement, Bedroom 1
Parking 40
Window features Screens, Aluminum Frames, Blinds
Interior features Eat-in Kitchen, Kitchen/Dining Room Combo, Natural Woodwork, Pantry, Storage
Exterior features Lighting
Basement Full, Interior Entry, Storage Space, Unfinished
Appliances Exhaust Fan, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater
Subdivision Riverview Gardens
Lot features City Lot, Corner Lot, Few Trees, Level, Near Public Transit, Paved, Rectangular Lot
Elementary school Glasgow Elem.
Middle school R. G. Central Middle
High school Riverview Gardens Sr. High
Elementary school district Riverview Gardens
Middle school district Riverview Gardens
High school district Riverview Gardens
Directions GPS Friendly. Office is on the Front Left in Lower Level by Appointment Only.
Standard status Active
APN 11E-33-0061
Size 23,744 SF
Lot size 1.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description RIVERVIEW GARDENS LOT PTS 4 16 & 417
Tax Annual Amount 29292
Legal Description RIVERVIEW GARDENS LOT PTS 4 16 & 417

Utilities

Heating system Forced Air, Natural Gas
Cooling system Electric, Separate Meters, Central Air
Water source Public

Amenities

coin-operated laundry facilities
on-site management office

Building Details

Year built 1965
Floors in Building 2
Number of units 32
Flooring type Tile - Ceramic, Laminate, Hardwood
Building materials Brick
Roof type Shingle
Architectural style Other
Additional Structures Storage
Listing Agency: Nettwork Global
Listed By: Jessica Vargas · License #2016044318
Added: Aug 3 Changed: Sep 26 Last Checked: Sep 29 at 9:06AM
MLS# 26045194

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.

Investment Insights

Based on property information with market context.

This 32-unit multifamily property comprises eight four-family brick buildings constructed in 1965. The community contains approximately 23,744 square feet across 1.07 acres, with spacious two-bedroom, one-bath apartments. Units feature a mix of hardwood, laminate, and ceramic tile flooring, along with gas ranges, refrigerators, central air, and separate cooling meters. Plumbing has been updated, and the mechanical systems have received ongoing ownership investment. On-site improvements include coin-operated laundry facilities, a management office with a restroom, a parking lot, and retaining walls.

Located at 245 Chambers Road in Riverview, Missouri, the property is supplied by public water and heated with forced-air natural gas systems. Current occupancy is 28 of 32 units, and the reported 2025 cap rate is approximately 8.3%. The community maintains a no-pets policy, while residents are predominantly non-smoking.

Key Highlights

  • 32 units in eight four‑family brick buildings
  • Approximately 23,744 square feet on 1.07 acres
  • 28 of 32 units occupied

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Building Supply Hair Salon Nail Salon

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

32
Residential units
87.5%
Occupancy

Location Intelligence

Trade Area within ½ mile

164
Businesses Nearby

Demographics for 63137, MO

18,765
Population
9,708
Households
1.9
Avg Household Size
36
Median Age
15%
College-Educated
89%
High-School Grad
7.1 sq mi
ZIP Area
2,643
Density / Sq Mi
$45,597
Median Household Income
$31,822
Median Earnings
$1,017
Median Rent
$79,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Multifamily property with two-bedroom units, on-site laundry, management space, and resident parking.
Where is this apartment building located?
The property is located at 245 Chambers Road Riverview, MO.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 32 units in eight four‑family brick buildings; Approximately 23,744 square feet on 1.07 acres; 28 of 32 units occupied
More about this property
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