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Five-Plex Multifamily Property
For Sale
$134,700

1601 Faraon Street, St Joseph, MO 64501

MULTI_FAMILY - St Joseph, MO

Property SizeContact for details
Lot Size0.11 Acres
Days on Market177

Property Features for 1601 Faraon Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning City
Rooms Basement
Parking features On Street
Elementary school district St. Joseph
Middle school district St. Joseph
High school district St. Joseph
Directions From Hwy 36, take the 22nd St. Exit. Head north on S 22nd St. to Faraon St. Take Faraon St. east. Building is on the north side of the street.
Subdivision 1132 - Buchanan Co NW-N=Co Line;S=I-36;E=I-29;W=M
Standard status Active
APN 06-2.0-09-003-002-012.000
Lot size 0.11 Acres

Taxes and HOA fees

Tax Description SUB:CARTER'S ADDITION LOT:1 BLK:3 LGL DESC:S 100' ONLY
Tax Annual Amount 757
Legal Description SUB:CARTER'S ADDITION LOT:1 BLK:3 LGL DESC:S 100' ONLY

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Multi Units
Water source Public

Building Details

Year built 1902
Floors in Building 2
Number of units 5
Building materials Frame
Roof type Composition
Listing Agency: BHHS Stein & Summers Real Estate · Berkshire Hathaway HomeServices
Listed By: Joshua Johnson · License #01930127
Added: Mar 6 Changed: Jul 25 Last Checked: Aug 30 at 5:06PM
MLS# 2605784

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.

This for-sale five-plex offers a straightforward two-story layout with two units on the first floor and three units on the second floor. According to the seller, one of the five units is currently occupied, while one unit was recently vacated, with the remaining three units available and requiring renovation.

The property is located in St. Joseph, Missouri. The listing also notes the sale is part of a package that includes 1215–1217 Sylvanie St., described as a duplex needing finishing touches.

If you’re looking for an income-producing multifamily with room for improvement, this five-plex provides five separate apartment units organized across two levels.

Key Highlights

  • Five‑plex in a central location near downtown St. Joseph shops and restaurants.
  • Part of a package deal with an additional duplex at 1215‑1217 Sylvanie St.
  • Opportunity for investors to add value through renovations.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Pharmacy Real Estate Agency Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store Locksmith

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

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

975
Businesses Nearby

Demographics for 64501, MO

11,020
Population
5,598
Households
2
Avg Household Size
36
Median Age
18%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
2,978
Density / Sq Mi
$41,615
Median Household Income
$29,276
Median Earnings
$823
Median Rent
$97,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Centrally located five-plex with two units on the first level and three units above.
Where is this apartment building located?
The property is located at 1601 Faraon Street St Joseph, MO.
What is the asking price?
The asking price for this property is $134,700.
What are key features of this property?
This property features: Five‑plex in a central location near downtown St. Joseph shops and restaurants.; Part of a package deal with an additional duplex at 1215‑1217 Sylvanie St.; Opportunity for investors to add value through renovations.
More about this property
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