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6-Unit Renovated Apartment Building
New
For Sale
$1,020,000

195 Lewis Street, Troy, MO 63379

Fully occupied apartment property with updated interiors, basement storage, and laundry hookups throughout.

Property SizeContact for details
Days on Market5

Property Features for 195 Lewis Street

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 6 x 3BR/1.5BA
Multifamily Units 6

Additional Details

Gross Income $97,500

Taxes and HOA fees

Annual Taxes $3,338

Amenities

washer/dryer hookups
storage space
patio

Building Details

Year Renovated 2023
Buildings 1
Listing Agency: Luetkenhaus Properties
Listed By: Andrew Luetkenhaus
Source: Exprealty
Added: Aug 26 Changed: Aug 29 Last Checked: Aug 29 at 10:10PM

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 Luetkenhaus Properties

Investment Insights

Based on property information with market context.

This 6-unit apartment building in Troy features a consistent renovation completed in 2023. Each residence includes two bedrooms on the upper level, an additional basement bedroom with a walkout patio door, a full bathroom upstairs, and a half bathroom on the main floor. Unfinished basement areas provide storage and washer and dryer hookups.

The building is fully occupied and located off Main St. Each unit uses electric service paid directly by the tenant. Water is supplied through one shared meter, with ownership currently covering the water expense without tenant billback. The roof is 3 years old. Interior access is arranged after an accepted contract to limit disruption for residents.

Key Highlights

  • 6‑unit apartment building with all units renovated in 2023
  • Fully occupied property located off Main St in Troy
  • Each unit has 2 upstairs bedrooms plus 1 basement bedroom

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Electrical Service Locksmith Catering Service Plumbing Service

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

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

469
Businesses Nearby

Demographics for 63379, MO

26,583
Population
10,464
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
94%
High-School Grad
135.9 sq mi
ZIP Area
196
Density / Sq Mi
$86,844
Median Household Income
$47,088
Median Earnings
$976
Median Rent
$238,500
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 - Fully occupied apartment property with updated interiors, basement storage, and laundry hookups throughout.
Where is this apartment building located?
The property is located at 195 Lewis Street Troy, MO.
What is the asking price?
The asking price for this property is $1,020,000.
What are key features of this property?
This property features: 6‑unit apartment building with all units renovated in 2023; Fully occupied property located off Main St in Troy; Each unit has 2 upstairs bedrooms plus 1 basement bedroom
More about this property
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