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Multi-Building Apartment Portfolio
For Sale
$341,000
Pending

304 W Meadow Avenue, Crane, MO 65633

MULTI_FAMILY - Crane, MO

Property Size4,277 SF
Days on Market141

Property Features for 304 W Meadow Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Rooms Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 3, Bedroom 5, Bedroom 1
Parking features On Street
Subdivision Not in List: Stone
Elementary school Crane
Middle school Crane
High school Crane
Directions From US 60 take Hwy 413 10 miles to Crane. Take a right turn on Hemphill then a left on Meadow and go past the first block. Property is on the right.
Standard status Pending
APN 04-2.0-04-002-035-001.000
Size 4,277 SF

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1401

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Cooling system Window Unit(s)

Building Details

Year built 1940
Building materials Block, Stucco
Listing Agency: Charles Burt Realtors
Listed By: Bryn Kaup
Added: Apr 2 Changed: Aug 5 Last Checked: Aug 20 at 1:06PM
MLS# 60319831

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 apartment portfolio features eight fully occupied apartments across three separate buildings. Five of the units have been recently remodeled, and the remaining three are efficiency apartments with light updates. The property totals 4,277 SF.

Constructed in 1940 with block and stucco materials, the buildings provide window unit(s) cooling and access to public sewer. Parking is available on street, and electricity is available to the property.

The offering is also described as part of a larger investment package that includes five additional rental homes.

Key Highlights

  • Eight fully occupied apartments across three buildings
  • Five units recently remodeled; three efficiency apartments with light updates
  • Total size 4,277 SF

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Electrical Service Pharmacy Storage Facility Big Box & Wholesale Store

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

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

152
Businesses Nearby

Demographics for 65633, MO

4,121
Population
1,533
Households
2.7
Avg Household Size
41
Median Age
12%
College-Educated
86%
High-School Grad
83.8 sq mi
ZIP Area
49
Density / Sq Mi
$52,188
Median Household Income
$33,804
Median Earnings
$848
Median Rent
$173,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight fully occupied apartments span three buildings, with five units recently remodeled and three efficiency units with light updates.
Where is this apartment building located?
The property is located at 304 W Meadow Avenue Crane, MO.
What is the asking price?
The asking price for this property is $341,000.
What are key features of this property?
This property features: Eight fully occupied apartments across three buildings; Five units recently remodeled; three efficiency apartments with light updates; Total size 4,277 SF
More about this property
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