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Two 10-Plex Apartment Buildings
For Sale
$1,700,000

20770 US 136 Highway, Princeton, MO 64673

MULTI_FAMILY - Princeton, MO

Property SizeContact for details
Lot Size8.00 Acres
Days on Market54

Property Features for 20770 US 136 Highway

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Res
Rooms Basement
Parking features Off Street
Patio and Porch features Deck, Porch
Exterior features Balcony
Appliances Dishwasher, Refrigerator, Built-In Oven
Elementary school district Princeton R-V
Middle school district Princeton R-V
High school district Princeton R-V
Directions From Hwy 65 and Hwy 136, turn east on Hwy 136 approximately 1 mile to the property on the right.
Subdivision 109 - East of I-35 & North of Hwy 92
Standard status Active
APN 11070260000008.00
Lot size 8.00 Acres

Taxes and HOA fees

Tax Annual Amount 9037

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Electric
Water source Public

Building Details

Year built 1996
Floors in Building 2
Number of units 23
Building materials Frame, Vinyl Siding, Wood Siding
Roof type Composition
Listing Agency: RE/MAX Town and Country · RE/MAX International
Listed By: Anita Riley · License #2005025300
Added: Jun 16 Changed: Aug 3 Last Checked: Aug 8 at 8:06PM
MLS# 2626816

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.

Investment Insights

Based on property information with market context.

This for-sale multifamily package includes two 10-plex apartment buildings along with three ranch-style homes: two 2-bedroom, 1-bath homes and one 1-bedroom, 1-bath home. The units are all-electric. The property also features utilities stubbed for three additional homes, supporting future expansion on-site.

The assemblage is located just outside Princeton, Missouri, along US Highway 136, in Mercer County. The listing notes ample parking and open green space as part of the setting.

Set on approximately 8 acres, the property is positioned for an income-focused owner seeking a mix of existing rental units and utility capacity for added homes through the stubbed utilities.

Key Highlights

  • Investment package near Princeton, MO on Highway 136 with two 10‑plex apartment buildings and three ranch‑style homes (2BR/1BA and 1BR/1BA)
  • Approximately 8 acres with plenty of parking and open green space
  • All units are all‑electric with public water and public sewer

Property Analytics

Current Use

Single family properties

Lease Details

20
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 64673, MO

2,470
Population
1,238
Households
2
Avg Household Size
42
Median Age
17%
College-Educated
89%
High-School Grad
236.8 sq mi
ZIP Area
10
Density / Sq Mi
$55,227
Median Household Income
$40,000
Median Earnings
$550
Median Rent
$91,400
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?
Apartment building - For sale multifamily property includes two 10-plex apartment buildings plus ranch-style homes on approximately 8 acres.
Where is this apartment building located?
The property is located at 20770 US 136 Highway Princeton, MO.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Investment package near Princeton, MO on Highway 136 with two 10‑plex apartment buildings and three ranch‑style homes (2BR/1BA and 1BR/1BA); Approximately 8 acres with plenty of parking and open green space; All units are all‑electric with public water and public sewer
More about this property
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