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Two-Building Apartment Property
For Sale
Contact for pricing
Pending

111 Emerald Drive, Fredericktown, MO 63645

Two apartment buildings offer in-unit laundry, updated flooring, and additional unfinished third-floor space.

Property SizeContact for details
Lot Size3.37 Acres
Days on Market143

Property Features for 111 Emerald Drive

General Information

Standard status Pending
Lot size 3.37 Acres
Property subtype Industrial
Occupancy 100%

Units

Unit Mix 16 x 2BR/1BA
Multifamily Units 16

Amenities

washer/dryer

Building Details

Buildings 2
Listing Agency: Coldwell Banker Hulsey
Listed By: Abbi Davis · License #MO
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 9:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Hulsey

Investment Insights

Based on property information with market context.

This apartment property includes two buildings with 16 occupied units in total. Each residence has two bedrooms, one bathroom, a kitchen, a living room, and its own washer and dryer. Twelve units have been remodeled with new flooring, while one building includes unfinished third-floor space that could accommodate two additional units.

The buildings are situated on 3.37 acres, providing substantial land area associated with the property. The offering combines existing apartment operations with defined physical features, including individual laundry equipment and updated interiors in most of the units.

Key Highlights

  • Two apartment buildings with 16 occupied units total
  • Each unit includes 2 bedrooms, 1 bath, kitchen, living room, washer and dryer
  • 12 units have been remodeled with new flooring

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Electrical Service Grocery & Convenience Store Bakery Nail Salon Auto Parts 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

16
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby

Demographics for 63645, MO

11,991
Population
5,200
Households
2.3
Avg Household Size
42
Median Age
17%
College-Educated
88%
High-School Grad
359.3 sq mi
ZIP Area
33
Density / Sq Mi
$57,862
Median Household Income
$31,914
Median Earnings
$822
Median Rent
$151,200
Median Home Value

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 - Two apartment buildings offer in-unit laundry, updated flooring, and additional unfinished third-floor space.
Where is this apartment building located?
The property is located at 111 Emerald Drive Fredericktown, MO.
What are key features of this property?
This property features: Two apartment buildings with 16 occupied units total; Each unit includes 2 bedrooms, 1 bath, kitchen, living room, washer and dryer; 12 units have been remodeled with new flooring
More about this property
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