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6-Unit Multifamily Property
New
For Sale
$650,000

206-216 E South Avenue, Belton, MO 64012

Residential Income, Belton, MO

Property SizeContact for details
Lot Size1.11 Acres
Days on Market2

Property Features for 206-216 E South Avenue

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning res
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 1, Bathroom 2, Basement, Bathroom 4, Bathroom 5, Bathroom 3, Bathroom 6
Parking 6
Parking features Garage
Subdivision Belton
Elementary school Belton
Middle school Belton
High school Belton
Elementary school district Belton
Middle school district Belton
High school district Belton
Directions From I-49 go West on Route 58. Once you get to Cedar St go South. Turn Right on E. South Ave. The properties will be on the left.
Standard status Active
APN 1534600
Lot size 1.11 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description W 155.70' E2 N2 NE NE SE
Tax Annual Amount 4407
Legal Description W 155.70' E2 N2 NE NE SE

Utilities

Sewer type Public Sewer
Heating system Central, Natural Gas
Cooling system Electric
Water source Public

Building Details

Year built 1970
Floors in Building 1
Number of units 6
Building materials Brick/Mortar
Roof type Composition
Buildings 3
Listing Agency: Sellstate Heartland Realty
Listed By: Charles Gilbert · License #BR00239605
Added: Nov 5 Changed: Nov 6 Last Checked: Nov 6 at 6:06AM
MLS# 2650607

Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

The property at 206-216 E South Avenue comprises six units arranged across three duplexes. Built in 1970, the brick buildings have been updated. Each residence has one bedroom, one bathroom, a one-car garage and storage. The property has central natural-gas heating, electric cooling, public water and public sewer, with residential zoning.

All six units are occupied, and the reported cap rate is 7%+. The city has approved plans for additional units on the property, offering a defined path to expand the existing multifamily configuration.

Key Highlights

  • Six units across three duplexes
  • Each unit has one bedroom, one bathroom, a one‑car garage and storage
  • City approval is in place for plans to add units

Property Analytics

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Lease Details

6
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

327
Businesses Nearby

Demographics for 64012, MO

28,364
Population
12,722
Households
2.2
Avg Household Size
39
Median Age
27%
College-Educated
93%
High-School Grad
47.2 sq mi
ZIP Area
601
Density / Sq Mi
$71,782
Median Household Income
$43,122
Median Earnings
$1,232
Median Rent
$200,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Municipal approval is in place for construction of additional units.
Where is this multifamily property located?
The property is located at 206-216 E South Avenue Belton, MO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Six units across three duplexes; Each unit has one bedroom, one bathroom, a one‑car garage and storage; City approval is in place for plans to add units
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Includes: Price & PSF · Cap rate · Location · Zoning

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