Six-Unit Apartment
For Sale
$690,000
17 Village W 6 units Court, Washington, MO 63090
Residential Income, Washington, MO
Property Size5,017 SF
Lot Size0.49 Acres
Price / SF$137.53
Days on Market92
Property Features for 17 Village W 6 units Court
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 2, Bedroom 1
Appliances
Range, Refrigerator
Subdivision
Village West Condos
Elementary school
Washington West Elem.
Middle school
Washington Middle
High school
Washington High
Elementary school district
Washington
Middle school district
Washington
High school district
Washington
Standard status
Active
APN
10-5-220-2-037-254607
Size
5,017 SF
Lot size
0.49 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot U8 Plat 6
Tax Annual Amount
3042
HOA Fee
$158 Monthly
Legal Description
Lot U8 Plat 6
Utilities
Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1985
Floors in Building
2
Flooring type
Laminate, Carpet
Building materials
Brick
Roof type
Asbestos Shingle
Architectural style
Other
Listing Agency:
RE/MAX Results · RE/MAX International
Listed By:
Janie Schriewer
(636) 239-3003
Added: Jul 22
Changed: Oct 15
Last Checked: Oct 21 at 5:06PM
MLS# 26007623
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 5,017-square-foot apartment property contains six two-bedroom, one-bath units, with two units on each of three levels. Built in 1985, the building features brick construction, carpet and laminate flooring, central air, forced-air heating, public water, and cable availability. Each residence includes a range and refrigerator, and the units have been well-maintained. The roof is finished with asbestos shingles.
The property occupies 0.4882 acres in Washington, Missouri. All six units are currently rented. Showings require 48 hours’ notice, providing a defined scheduling process for property access.
The property occupies 0.4882 acres in Washington, Missouri. All six units are currently rented. Showings require 48 hours’ notice, providing a defined scheduling process for property access.
Key Highlights
- Six units, each configured with 2 bedrooms and 1 bathroom
- 5,017‑square‑foot apartment building on 0.4882 acres
- All six units are currently rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,875
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$957,500
$957.5K
Cap Rate 7%
$683,929
$683.9K
Cap Rate 9%
$531,944
$531.9K
Market Conditions
NOI Build-Up for 5,017 SF
Gross rent
$92.1K $18.36/SF
− Vacancy
−$5.1K −$1.01/SF
EGI
$87.0K $17.35/SF
− OpEx
−$39.2K −$7.81/SF
NOI
$47.9K $9.54/SF
Area
Franklin County, MO
Vacancy
5.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$957,500
Cap Rate 7%
$683,929
Cap Rate 9%
$531,944
Alternative Uses
Best Use
Apartment 5plus
$683.9K
$598.4K – $797.9K
NOI $47,875 @ 7.0% cap · market cap 6.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,391 @ 7.0% cap · market cap 14.98%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
590
Businesses Nearby
Explore this area
Business Placement
Demographics for 63090, MO
22,843
Population
9,745
Households
2.3
Avg Household Size
43
Median Age
33%
College-Educated
94%
High-School Grad
81.5 sq mi
ZIP Area
280
Density / Sq Mi
$83,966
Median Household Income
$46,556
Median Earnings
$873
Median Rent
$260,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Brick construction with central air, forced-air heat, and public water service.
Where is this apartment building located?
The property is located at 17 Village W 6 units Court Washington, MO.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Six units, each configured with 2 bedrooms and 1 bathroom; 5,017‑square‑foot apartment building on 0.4882 acres; All six units are currently rented
