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Renovated Multifamily Apartment Building

301 W Mount Vernon Boulevard Mount Vernon, MO 65712

Claim this Listing
For Sale
$900,000

MULTI_FAMILY - Mt Vernon, MO

Lot size:
2.91 Acres
Added:
Jul 2, 2026
Days on Market:
13
Last Refresh:
Jul 14 at 3:06 am

Property Features for 301 W Mount Vernon Boulevard

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
B-3
Bedrooms
10
Rooms
Bedroom 2, Bedroom 6, Bedroom 4, Bedroom 5, Bedroom 8, Bedroom 10, Bedroom 3, Bedroom 1, Bedroom 7, Bedroom 9
Appliances
Range, Refrigerator, Microwave
Standard status
Active
APN
099031002039006000
Lot size
2.91 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
MT.VERNON BLVD,W,301; BEG AT SW COR OF LOT 3 THEN S316' W223.83' N125' W50' N381' E252.83' S190' TO POB - WALNUT PARK ADD - MT VERNON
Tax Annual Amount
2912

Utilities

Utilities
Water Available
Cooling system
Ceiling Fan(s)

Building Details

Year built
1945
Number of units
9
Building materials
Brick
Roof type
Metal

Listing agent Adam Graddy License #2004014961

Listing office Keller Williams 1619 E. Independence St., Springfield, MO

Listing date Jul 2, 2026

MLS# 60327968 Listing URL

Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). 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 fully renovated multifamily property contains nine apartment units, including eight 1-bedroom apartments and one 2-bedroom apartment. Eight of the nine units are currently leased. Updates throughout include new flooring, fresh paint, and updated appliances. The building is supported by a central coin-operated laundry facility and paved parking, creating a straightforward, tenant-ready setup.

The property is located at 301 W Mount Vernon Boulevard in Mt Vernon, Missouri, within B-3 zoning. The site totals 2.91 acres. Buyers should note that the front portion of the property lies within a floodplain, and any future development should be verified through the purchaser’s own due diligence. The location provides easy access to local employers, schools, and amenities.

For investors and operators, the current configuration offers a mix of unit sizes within a single apartment complex, with the majority of units leased and generating $6,850 in monthly rental income. The on-site laundry and paved parking can help support day-to-day tenant convenience. The property also includes additional land on the site, which may be relevant for buyers evaluating potential future plans, subject to floodplain conditions and required approvals.

Key Highlights

  • 9‑unit brick multi‑family property (8 one‑bedroom units and 1 two‑bedroom unit) with 8 units currently leased
  • $6,850/month in current rental income
  • Fully renovated units with updated flooring, fresh paint, and appliances (range, refrigerator, microwave)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Parking Lot & Garage Grocery & Convenience Store Locksmith Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Pet Grooming Service Plumbing Service (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Apartment building - Fully renovated 9-unit building with mostly leased occupancy, paved parking, and on-site coin laundry on 2.91 acres.
Where is this apartment building located?
The property is located at 301 W Mount Vernon Boulevard Mount Vernon, MO.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 9‑unit brick multi‑family property (8 one‑bedroom units and 1 two‑bedroom unit) with 8 units currently leased; $6,850/month in current rental income; Fully renovated units with updated flooring, fresh paint, and appliances (range, refrigerator, microwave)
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