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    Apartment Building with Rented Two-Bed Units Title is generated by Realmo AI

    17 Village West 6 units Court, Washington, MO 63090

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    Claim this Listing
    New
    For Sale
    $690,000

    5 Family or More, Apartment Style - Washington, MO

    Property size:
    5,017 SF
    Lot size:
    0.49 Acres
    Price / SF:
    $137/SF
    Added:
    Jun 6, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 8 at 3:06 pm

    Property Features for 17 Village West 6 units Court

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Security features
    Smoke Detector(s)
    Appliances
    Range, Refrigerator
    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 Annual Amount
    3042
    Expense value
    158
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1985
    Flooring type
    Carpet, Laminate
    Building materials
    Brick
    Roof type
    Asbestos Shingle, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Janie Schriewer

    Listing agent Janie Schriewer License #1999117614

    Listing office RE/MAX Results 12 E. Front Street, Saint Louis, MO

    Listing date Jun 6, 2026

    MLS# 26007623 Listing URL

    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.

    HighLights

    • Brick 6‑unit apartment building built in 1985
    • All units are currently rented
    • Unit mix: six 2‑bedroom, 1‑bath units (101 LL, 102 LL, ML 201, ML 202, UL 301, 302)
    • Association fee is $158 per unit per month; Associated Realty and Management handles association and management fees
    • Central air cooling and forced‑air heating
    • Appliances include range and refrigerator; flooring includes carpet and laminate

    Overview

    This apartment-style multifamily building offers six units total, each configured as a two-bedroom, one-bath layout. The units are currently rented and described as well-maintained. An association fee is noted at $158 per unit per month, with Associated Realty and Management handling association and management fees.

    The property is located at 17 Village West 6 units Court in Washington, Missouri, in Franklin County. Prospective buyers should allow 48-hour notice to schedule a showing.

    For investors or owner-operators seeking a turnkey, income-producing multifamily opportunity, the building’s fully occupied status and consistent unit mix may simplify planning and operations. The documented association/management arrangement can also help streamline monthly administrative responsibilities, while the current maintenance history supports day-to-day readiness for tenants. The property’s established rental occupancy and uniform floorplan design make it a practical option for buyers looking for an apartment building where leasing and unit management are already in place.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $92.1k $18.36
    − Vacancy −$5.1k −$1.01
    EGI $87.0k $17.35
    − OpEx −$39.2k −$7.81
    NOI $47.9k $9.54
    5,017 SF · lease $18.36/SF/yr · vacancy 5.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $683.9K
    $598.4K – $797.9K (±1% cap)
    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 (±1% cap)
    NOI $103,391 @ 7.0% cap · market cap 14.98%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Washington
    County
    Franklin
    State
    Missouri
    Longitude
    -91.02181924
    Latitude
    38.55813054

    FAQs

    What type of property is this?
    Apartment building - Six-unit apartment property with all units rented and consistently maintained two-bedroom, one-bath floorplans.
    Where is this apartment building located?
    The property is located at 17 Village West 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: Brick 6‑unit apartment building built in 1985; All units are currently rented; Unit mix: six 2‑bedroom, 1‑bath units (101 LL, 102 LL, ML 201, ML 202, UL 301, 302)
    More about this property
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