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Brick Quadplex with High Ceilings
For Sale
$184,000

1421 Penn Street, St Joseph, MO 64503

Residential Income, St Joseph, MO

Property SizeContact for details
Lot Size0.09 Acres
Days on Market96

Property Features for 1421 Penn Street

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning R-4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Basement, Bathroom 3, Bathroom 2, Bathroom 4
Parking features On Street
Appliances Refrigerator, Electric Range
Subdivision Patee
High school Lafayette
Elementary school district St. Joseph
Middle school district St. Joseph
High school district St. Joseph
Directions Mitchell St then N to 15th; the property is at the NW corner of 15th and Penn.
Standard status Active
APN 06-5.0-16-002-003-176.000
Lot size 0.09 Acres

Taxes and HOA fees

Tax Description Adjusted Lot 12A, in Block 69, in Patee's Sixth Addition to the City of St. Joseph, Buchanan County, Missouri
Tax Annual Amount 2013
Legal Description Adjusted Lot 12A, in Block 69, in Patee's Sixth Addition to the City of St. Joseph, Buchanan County, Missouri

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Electric
Water source Public

Amenities

communal laundry

Building Details

Year built 1920
Floors in Building 2
Number of units 4
Building materials Brick/Mortar
Listing Agency: RE/MAX Innovations · RE/MAX International
Listed By: Deborah Dean · License #2002007762
Added: Jul 2 Changed: Oct 5 Last Checked: Oct 5 at 8:06PM
MLS# 2629453

Copyright © 2026 Heartland Multiple Listing Service. 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.

Built in 1920, this four-unit brick quadplex includes two one-bedroom apartments on the main level and two two-bedroom apartments upstairs. The upper units share a private entrance. Interior features include exposed brick walls, tall windows, high ceilings, carpeted floors, and kitchens with center islands, additional counter space, and ample cabinetry. Dining areas accommodate a table, and communal laundry is accessed through a door on 15th Street.

The property sits on a 0.0896-acre lot at 1421 Penn Street in St Joseph, Missouri. Building systems include forced-air heating, electric cooling, public water, and public sewer. Refrigerators and electric ranges are included. The property is zoned R-4.

Key Highlights

  • Four‑unit brick building constructed in 1920
  • Unit mix includes two one‑bedroom apartments and two two‑bedroom apartments
  • Upper‑level apartments share a private entrance

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Parking Lot & Garage Nail Salon Spa & Massage Center

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

393
Businesses Nearby

Demographics for 64503, MO

12,127
Population
5,774
Households
2.1
Avg Household Size
39
Median Age
16%
College-Educated
89%
High-School Grad
14.5 sq mi
ZIP Area
836
Density / Sq Mi
$53,351
Median Household Income
$35,439
Median Earnings
$926
Median Rent
$133,500
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?
Quadplex - Two one-bedroom apartments and two two-bedroom apartments share communal laundry access.
Where is this quadplex located?
The property is located at 1421 Penn Street St Joseph, MO.
What is the asking price?
The asking price for this property is $184,000.
What are key features of this property?
This property features: Four‑unit brick building constructed in 1920; Unit mix includes two one‑bedroom apartments and two two‑bedroom apartments; Upper‑level apartments share a private entrance
More about this property
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