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Four-Unit Duplex Package
For Sale
$424,000

205 SE 5th St, Concordia, MO 64020

Two duplex buildings offer a residential income property with updated interiors and current occupancy.

Property SizeContact for details
Days on Market21

Property Features for 205 SE 5th St

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1989
Listing Agency: RE/MAX Central
Listed By: Emily Collins · License #2019001696
Source: Urbancoolkc
Added: Aug 11 Changed: Aug 29 Last Checked: Aug 30 at 8:46PM

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 RE/MAX Central

Investment Insights

Based on property information with market context.

This residential income property comprises two duplex buildings on one parcel, providing four total units. Three apartments are configured with two bedrooms and one bathroom, while the fourth includes two bedrooms and one and a half bathrooms. The units are currently rented and income producing.

Improvements include updated kitchens and bathrooms, new flooring, fresh paint, new lighting, newer furnace and AC equipment, and replacement windows and doors. The roof on the 205 units is newer. Built in 1989, the property carries Res zoning and is located at 205 SE 5th Street in Concordia, Missouri.

Key Highlights

  • Four total units across two duplex buildings on one parcel
  • Three 2 bed/1 bath units and one 2 bed/1.5 bath unit
  • All units are currently rented and income producing

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Plumbing Service Real Estate Agency Parking Lot & Garage Furniture & Home Goods Garden 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.

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby

Demographics for 64020, MO

3,417
Population
1,469
Households
2.3
Avg Household Size
43
Median Age
24%
College-Educated
95%
High-School Grad
105.6 sq mi
ZIP Area
32
Density / Sq Mi
$61,250
Median Household Income
$40,199
Median Earnings
$737
Median Rent
$182,200
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?
Duplex - Two duplex buildings offer a residential income property with updated interiors and current occupancy.
Where is this duplex located?
The property is located at 205 SE 5th St Concordia, MO.
What is the asking price?
The asking price for this property is $424,000.
What are key features of this property?
This property features: Four total units across two duplex buildings on one parcel; Three 2 bed/1 bath units and one 2 bed/1.5 bath unit; All units are currently rented and income producing
More about this property
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