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Apartment Building Near Downtown
For Sale
$800,000

404 School Street, Waynesville, MO 65583

Residential Income, Waynesville, MO

Property Size37,461 SF
Lot Size0.86 Acres
Price / SF$21.36
Days on Market197

Property Features for 404 School Street

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision Pulaski-Not in List
View City
Elementary school Waynesville
Middle school Waynesville
High school Waynesville
Directions Heading East on US route 66. Turn left (North) on to 17. Turn left on School Street. Property is on the left
Standard status Active
APN 11-6.0-24-003-003-001.000
Size 37,461 SF
Lot size 0.86 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 736

Utilities

Sewer type Public Sewer

Building Details

Year built 1941
Number of units 28
Listing Agency: Alpha Realty MO, LLC
Listed By: Samuel Wohlenhaus · License #2022048233
Added: Feb 25 Changed: Sep 7 Last Checked: Sep 10 at 1:06AM
MLS# 60316130

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 building contains 37,461 square feet on a 0.86-acre site. Constructed in 1941, the property is served by public sewer and is positioned beside the downtown strip in Waynesville, Missouri.

The property is located at 404 School Street, Waynesville, MO 65583, in Pulaski County. Its downtown-adjacent setting provides an established municipal context for an apartment-building asset, while the existing building area and site acreage offer clear physical parameters for evaluation.

Key Highlights

  • 37,461‑square‑foot apartment building on a 0.86‑acre site
  • Constructed in 1941
  • Adjacent to the downtown strip in Waynesville

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Storage Facility Furniture & Home Goods Kitchen & Bath Showroom Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

261
Businesses Nearby

Demographics for 65583, MO

13,561
Population
5,836
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
97%
High-School Grad
63.3 sq mi
ZIP Area
214
Density / Sq Mi
$78,763
Median Household Income
$44,667
Median Earnings
$1,107
Median Rent
$209,400
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 - A 1941 apartment building beside Waynesville’s downtown strip with public sewer service.
Where is this apartment building located?
The property is located at 404 School Street Waynesville, MO.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 37,461‑square‑foot apartment building on a 0.86‑acre site; Constructed in 1941; Adjacent to the downtown strip in Waynesville
More about this property
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