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16-Unit Brick Apartment Building
For Sale
$800,000

207 S 5th Street, Louisiana, MO 63353

Residential Income, Louisiana, MO

Property Size11,728 SF
Lot Size0.37 Acres
Price / SF$68.21
Days on Market78

Property Features for 207 S 5th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 2, Bedroom 1, Dining Room, Bathroom 1
Parking features Alley, Driveway, Parking Lot
Security features Security Lighting
Window features Blinds
Patio and Porch features Deck, Patio, Porch
Interior features Custom Cabinetry, Dining/Living Room Combo, Eat-in Kitchen, Kitchen/Dining Room Combo, Laminate Counters, Open Floorplan, Shower
Exterior features Awning(s), Balcony, Courtyard, Garden, Lighting, No Step Entry, Ramp Entry, Uncovered Courtyard
Accessibility Accessible Approach with Ramp
Appliances Dryer, Exhaust Fan, Electric Oven, Refrigerator, Washer, Water Heater
Subdivision Thomas Apartments
Lot features Back Yard, Garden, Landscaped, Level
Elementary school Louisiana Elem.
Middle school Louisiana Middle
High school Louisiana High
Elementary school district Louisiana R-II
Middle school district Louisiana R-II
High school district Louisiana R-II
Directions South on highway 79, West on South Carolina street, and then go South on South 5th street. The apartment complex is located on the corner of South Carolina Street and South 5th Street at 207 South 5th Street, Louisiana, MO 63353.
Standard status Active
APN 08-04-18-004-043-001.000
Size 11,728 SF
Lot size 0.37 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5654

Utilities

Utilities Water Available
Heating system Baseboard, Electric (Heating)
Cooling system Wall Unit(s)
Water source Public

Amenities

courtyard
coin-operated laundry
handicap accessible

Building Details

Year built 1978
Floors in Building 2
Number of units 16
Flooring type Vinyl, Combination, Carpet, Simulated wood, Laminate, Linoleum, Varies
Building materials Brick, Concrete
Roof type Composition
Architectural style Other
Listing Agency: Juncture Real Estate, LLC
Listed By: Rachel Moses · License #2017027237
Added: Jul 12 Changed: Sep 26 Last Checked: Sep 27 at 7:06AM
MLS# 25083033

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.

Investment Insights

Based on property information with market context.

This 16-unit apartment property contains two-bedroom residences in an all-brick building constructed in 1978. The 11,728-square-foot complex is arranged around a landscaped courtyard and includes coin-operated laundry facilities on both upper and lower levels. Interior features include eat-in kitchens, combined living and dining areas, laminate counters, and varied flooring. Exterior improvements include balconies, patios, porches, decks, ramps, lighting, and courtyard areas.

The property serves residents 62 years of age and older and operates under a multi-year Housing Assistance Payment contract through the U.S. Department of Housing and Urban Development. The contract provides for automatic annual OCAF rent increases. Fifteen of the 16 units are leased, with long-standing residents occupying the apartments. The property is located at 207 S 5th Street in Louisiana, Missouri, near coffee shops, restaurants, clinics, and retail services.

Key Highlights

  • 16‑unit apartment complex with two‑bedroom apartments
  • 11,728 square feet on 0.369 acres
  • 15 of 16 units leased to long‑standing residents

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Real Estate Agency HVAC Service Plumbing Service Auto Parts Store Pharmacy

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

16
Residential units
93.8%
Occupancy

Location Intelligence

Trade Area within ½ mile

222
Businesses Nearby

Demographics for 63353, MO

4,394
Population
2,439
Households
1.8
Avg Household Size
42
Median Age
16%
College-Educated
87%
High-School Grad
83.8 sq mi
ZIP Area
52
Density / Sq Mi
$49,219
Median Household Income
$35,583
Median Earnings
$678
Median Rent
$101,700
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
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Frequently Asked Questions

What type of property is this?
Apartment building - All-brick senior-oriented apartments with courtyard landscaping, accessible entries, and laundry facilities on both levels.
Where is this apartment building located?
The property is located at 207 S 5th Street Louisiana, MO.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 16‑unit apartment complex with two‑bedroom apartments; 11,728 square feet on 0.369 acres; 15 of 16 units leased to long‑standing residents
More about this property
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