Multifamily Building with Month-to-Month
For Sale
$550,000
Pending
215 W Montgomery Street, Odessa, MO 64076
MULTI_FAMILY - Odessa, MO
Property SizeContact for details
Lot Size0.39 Acres
Days on Market48
Property Features for 215 W Montgomery Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
R3
Bathrooms
1
Full bathrooms
1
Rooms
Basement, Bathroom 1
Parking
12
Elementary school
Odessa
Middle school
Odessa
High school
Odessa
Elementary school district
Odessa
Middle school district
Odessa
High school district
Odessa
Directions
Take I-70 Odessa exit. Travel east on Old 40hwy. Turn south on 4th St then turn east on Montgomery. Apartment will be on north side of street.
Subdivision
210 - Lafayette County, Mo
Standard status
Pending
APN
14-7.0-36-3-001-024.010
Lot size
0.39 Acres
Taxes and HOA fees
Tax Description
LOT 2 HANEY MINOR PLAT; 811-414, 936-713, 945-1029, 1122-151, 2024DR1307
Tax Annual Amount
3773
Legal Description
LOT 2 HANEY MINOR PLAT; 811-414, 936-713, 945-1029, 1122-151, 2024DR1307
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public
Building Details
Year built
2003
Floors in Building
2
Number of units
6
Building materials
Concrete, Vinyl Siding
Roof type
Composition
Listing Agency:
EXP Realty LLC
(913) 451-6767
Listed By:
Gregory Mccord · License #2026016425
(816) 878-5123
Added: Jun 25
Changed: Jul 30
Last Checked: Aug 11 at 5:06PM
MLS# 2628323
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 property contains 6 total units in a functional 2-bedroom, 1-bath configuration. The building was constructed in 2003 and features durable frame construction with a low-maintenance exterior. Tenant utility responsibility is supported through individually metered services for all units, and there is a dedicated surface parking lot on site.
Located in Odessa, Missouri, the property is described as centrally located just off 2nd Street within Lafayette County. Zoning is listed as R3. The listing notes that units are currently rented on a month-to-month basis, with active occupancy at the time of listing.
For tenants, investors, or owner-operators, the month-to-month rental structure may allow for more flexible in-place management compared to fixed-term leases, while still providing immediate income because the units are actively rented. The showing process is restricted out of respect for long-term tenant privacy: occupied units are not accessible for initial walk-throughs, and showings are scheduled for a single unit only. Full inspection of the remaining units is intended to be accommodated after an accepted contract.
Located in Odessa, Missouri, the property is described as centrally located just off 2nd Street within Lafayette County. Zoning is listed as R3. The listing notes that units are currently rented on a month-to-month basis, with active occupancy at the time of listing.
For tenants, investors, or owner-operators, the month-to-month rental structure may allow for more flexible in-place management compared to fixed-term leases, while still providing immediate income because the units are actively rented. The showing process is restricted out of respect for long-term tenant privacy: occupied units are not accessible for initial walk-throughs, and showings are scheduled for a single unit only. Full inspection of the remaining units is intended to be accommodated after an accepted contract.
Key Highlights
- 6‑unit multifamily building built in 2003 with 12 bedrooms and 6 bathrooms (2‑bed, 1‑bath floor plans).
- All units are currently rented on a month‑to‑month basis at $750/month each for steady income.
- Tenant‑paid utilities with separate meters for all units; water source is public and sewer is public sewer.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
Explore this area
Business Placement
Demographics for 64076, MO
9,863
Population
3,752
Households
2.6
Avg Household Size
39
Median Age
23%
College-Educated
94%
High-School Grad
124.3 sq mi
ZIP Area
79
Density / Sq Mi
$81,058
Median Household Income
$43,002
Median Earnings
$961
Median Rent
$226,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit multifamily built in 2003, individually metered and tenant-paid utilities with month-to-month occupancy.
Where is this apartment building located?
The property is located at 215 W Montgomery Street Odessa, MO.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 6‑unit multifamily building built in 2003 with 12 bedrooms and 6 bathrooms (2‑bed, 1‑bath floor plans).; All units are currently rented on a month‑to‑month basis at $750/month each for steady income.; Tenant‑paid utilities with separate meters for all units; water source is public and sewer is public sewer.
