Updated Quadplex Investment
205 SE 5th Street, Concordia, MO 64020
For Sale
$424,000
Residential Income, Concordia, MO
Property SizeContact for details
Lot Size0.52 Acres
Days on Market97
Property Features for 205 SE 5th Street
General Information
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Parking features
Patio and Porch features
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Elementary school district
Middle school district
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Building Details
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Floors in Building
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Listing Agency:
RE/MAX Central · RE/MAX International
(660) 584-5557
Listed By:
Emily Collins · License MO #2019001696
(816) 565-5176
Added: Aug 6
Changed: Oct 16
Last Checked: Nov 10 at 3:06AM
MLS# 2634973
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Investment Insights
Based on property information with market context.
This residential income property comprises two buildings on one parcel, with two units in each building for four total residences. Each unit includes two bedrooms and either one or one and a half bathrooms. Interior improvements include refreshed kitchens and bathrooms, newer flooring, updated lighting, fresh paint, and replacement windows and doors. The property also includes newer furnace and AC equipment, vinyl siding, composition roofing, porches, garage parking, and additional off-street parking.
The parcel contains 0.52 acres at 205 SE 5th Street in Concordia, Missouri. Public water and public sewer serve the property. Built in 1989, the quadplex is zoned Res, and all units are currently rented.
The parcel contains 0.52 acres at 205 SE 5th Street in Concordia, Missouri. Public water and public sewer serve the property. Built in 1989, the quadplex is zoned Res, and all units are currently rented.
Key Highlights
- Four total units across two buildings, with two units in each building
- Each residence has 2 bedrooms; three units have 1 bath and one has 1.5 baths
- All units are currently rented and income producing
Property Analytics
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Four currently rented residences offer updated interiors and separate property improvements in Concordia.
Where is this quadplex located?
The property is located at 205 SE 5th Street 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 buildings, with two units in each building; Each residence has 2 bedrooms; three units have 1 bath and one has 1.5 baths; All units are currently rented and income producing
