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Three-Story Apartment Building
New
For Sale
$485,000

2120 Faraon Street, St Joseph, MO 64501

Separately metered apartments include furnished units, a studio, and basement storage.

Property SizeContact for details
Days on Market3

Property Features for 2120 Faraon Street

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Residential Income
Zoning CITY

Units

Unit Mix 1 x studio
Multifamily Units 9

Taxes and HOA fees

Annual Taxes $1,768

Amenities

covered front porch
vintage common areas
basement storage

Building Details

Year Built 1920
Stories 3
Units 9
Listing Agency: BHHS Stein & Summers Real Estate
Listed By: Joshua Johnson · License #01930127
Source: Community-realty
Added: Aug 4 Changed: Aug 5 Last Checked: Aug 5 at 1:07PM

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 BHHS Stein & Summers Real Estate

Investment Insights

Based on property information with market context.

Built in 1920 as a private residence, this three-story property was converted to apartments in 1930 and retains period architectural character. The building contains nine separately metered apartments, including one studio, with a large covered front porch and vintage shared interior spaces. Two apartments are occupied, three are furnished and prepared for short- or long-term rental, and four require completion by a new owner.

Central gas heat and a central water heater serve the building. The basement provides substantial storage and may accommodate shared laundry facilities. Located at 2120 Faraon Street in St. Joseph, Missouri, the property is zoned CITY and offers a combination of apartment operations, historic detailing, and unfinished unit space.

Key Highlights

  • Nine separately metered apartments, including one studio
  • Three‑story building constructed in 1920 and converted to apartments in 1930
  • Two occupied units; three furnished units ready for rental

Property Analytics

Current Use

Larry E Kinnamon ... Law Firm

Suggested Use

Top Pick Pharmacy Dental Office Big Box & Wholesale Store Storage Facility Bakery Locksmith

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

1,088
Businesses Nearby

Demographics for 64501, MO

11,020
Population
5,598
Households
2
Avg Household Size
36
Median Age
18%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
2,978
Density / Sq Mi
$41,615
Median Household Income
$29,276
Median Earnings
$823
Median Rent
$97,400
Median Home Value

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 - Separately metered apartments include furnished units, a studio, and basement storage.
Where is this apartment building located?
The property is located at 2120 Faraon Street St Joseph, MO.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Nine separately metered apartments, including one studio; Three‑story building constructed in 1920 and converted to apartments in 1930; Two occupied units; three furnished units ready for rental
More about this property
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