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48-Unit Apartment Complex
For Sale
$4,200,000

2301 S Riverside Road, St Joseph, MO 64507

Commercial Sale, St Joseph, MO

Property SizeContact for details
Lot Size6.94 Acres
Days on Market313

Property Features for 2301 S Riverside Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning RP-3
Parking features Covered, Parking Lot
Directions From Mitchell Avenue, take Faraon Street to South Belt Highway to South Riverside Road.
Subdivision 1121 - Buchanan Co SE-N=I-36;S=Co Line; E=Co Line
Standard status Active
APN 07-4.0-19-002-000-007.401
Lot size 6.94 Acres

Taxes and HOA fees

Tax Description 19-57-34NW SUB: LOT: BLK: LGL DESC:SPLIT USE-3 EIGHT PLEXES
Tax Annual Amount 35307
Legal Description 19-57-34NW SUB: LOT: BLK: LGL DESC:SPLIT USE-3 EIGHT PLEXES

Utilities

Utilities Water Available

Amenities

leasing office

Building Details

Year built 1997
Floors in Building 2
Listing Agency: BHHS Stein & Summers Real Estate · Berkshire Hathaway HomeServices
Listed By: Adam Stein · License #BR00233131
Added: Nov 25, 2025 Changed: Sep 14 Last Checked: Oct 4 at 4:06PM
MLS# 2589236

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 multifamily property comprises six apartment buildings with eight units in each building, totaling 48 units. A dedicated leasing office supports on-site operations, while 12 covered carports and additional parking-lot spaces serve the property. Thirty-eight units have been renovated, and the buildings were constructed in 1997.

The 6.94-acre property is located on S Riverside Road in St Joseph, Missouri, with access to U.S. Highway 36. It is zoned RP-3, and water is available at the property. Covered and surface parking are included among the existing site improvements.

Key Highlights

  • 48 total apartment units across six buildings
  • 38 units renovated
  • 12 covered carports plus parking lot

Property Analytics

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Current Use

Autumn's Trail Park

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Spa & Massage Center Auto Parts Store Building Supply Electrical Service

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

48
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

138
Businesses Nearby

Demographics for 64507, MO

14,133
Population
6,017
Households
2.3
Avg Household Size
34
Median Age
23%
College-Educated
91%
High-School Grad
55.8 sq mi
ZIP Area
253
Density / Sq Mi
$63,014
Median Household Income
$35,058
Median Earnings
$890
Median Rent
$134,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-building multifamily property with renovated units, a leasing office, covered parking, and highway access.
Where is this apartment building located?
The property is located at 2301 S Riverside Road St Joseph, MO.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 48 total apartment units across six buildings; 38 units renovated; 12 covered carports plus parking lot
More about this property
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