Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    211 Grand Ave Houston, MO 65483

    For Sale
    $325,000

    10-Unit Income Property, Prime Location

    Property size:
    12,359 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 10-unit apartment complex, built in 1929, presents a unique investment opportunity in Houston, Missouri. Situated on a 0.18-acre lot at 211 S Grand Avenue, just off Sam Houston Blvd. and Main Street, this 12,359 square foot property boasts significant historical charm and strong income potential. The building features nine one-bedroom, one-bathroom units and a spacious three-bedroom, three-and-a-half-bathroom owner's suite, currently all occupied. High ceilings, beautiful woodwork, and street-front access add to its appeal, with potential for a restaurant or commercial storefront. The property benefits from a recently installed hot water heater, ensuring tenant comfort. Adding to its unique character, President Harry S. Truman once stayed at this location. Modern conveniences include a fully installed 3-phase electric system, central air conditioning in common areas, and a propane/wood-burning furnace for heating those areas. Individual units are equipped with electric baseboard heating and window air conditioning units. This property offers a blend of historical significance and modern amenities, making it an ideal investment for those seeking a high-return property or a chance to restore a piece of history in a desirable location. The asking price is $325,000.

    Property Features for 211 Grand Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    12,359 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1929
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Texas
    State
    Missouri
    Longitude
    -91.9566
    Latitude
    37.32582

    Nearby Similar for Sale

    • $1,100,000
      2,510 SF

      Highway Frontage Commercial Opportunity

      Versatile property with RV park, cabin, apartment, and restaurant.
      8364 Highway 63, Houston, MO 65483
      View Details
    • $275,000
      Pending

      New Construction Quadplex Near Downtown

      New construction quadplex in Houston, Missouri, fully leased and turn-key.
      311 Mill St, Houston, MO 65483
      View Details
    • $350,000
      Pending

      New Quadplex Near Downtown Houston

      New construction quadplex with four units, fully leased and turn-key.
      211 Mill St, Houston, MO 65483
      View Details
    • $575,000
      2,510 SF

      Turnkey Restaurant on Highway Frontage

      Operating restaurant with equipment included, near Big Piney River.
      8366 Highway 63, Houston, MO 65483
      View Details
    • $78,000
      1,676 SF

      Historic Downtown Houston Commercial Property

      Charming 1920s commercial property in historic downtown Houston, Missouri.
      210 S Grand Ave, Houston, MO 65483
      View Details
    • $595,000
      10,500 SF

      Income Producing Retail Property

      Fully leased retail property with local and national tenants.
      1591-1593 North Us Hwy, Houston, MO
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 10-Unit Income Property, Prime Location
    Where is this commercial real estate located?
    The property is located at 211 Grand Ave Houston, MO.
    What is the asking price?
    The asking price for this property is $325,000.
    (417) 264-7288
    Request Owner's contact information
    211 Grand Ave Houston, MO 65483
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    211 Grand Ave
    Houston, MO 65483
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    211 Grand Ave Houston, MO 65483
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.