Renovated Apartment
For Sale
Contact for pricing
Pending
232 S Market St, Memphis, MO 63555
HUD-approved multifamily property with on-site parking, laundry, and updated apartment interiors.
Property Size6,120 SF
Days on Market657
Property Features for 232 S Market St
General Information
Standard status
Pending
Size
6,120 SF
Property subtype
Multifamily
Units
Unit Mix
1 x 2BR/2BA, 5 x 1BR/1BA
Multifamily Units
6
Amenities
parking
laundry
Building Details
Buildings
1
Units
6
Construction
brick
Listing Agency:
United Country Real Estate Land Properties
(660) 465-2971
Listed By:
Talia Hatfield · License #MO 2014042868
Source:
Crexi
Added: Nov 11, 2024
Changed: Aug 29
Last Checked: Aug 29 at 3:30PM
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 United Country Real Estate Land Properties
Investment Insights
Based on property information with market context.
This 6,120-square-foot brick apartment building contains six units, including a larger two-bedroom, two-bath residence with a full-size kitchen, living room, and bedroom and bath on the main level. The other five apartments are one-bedroom, one-bath units with kitchens and living areas. Kitchen appliances are included throughout the property.
Three apartments were renovated in 2022 with updated drywall, vinyl replacement windows, cabinetry, appliances, flooring, and bathroom fixtures. A rubber roof was installed the same year. On-site parking and laundry add practical amenities for residents, while HUD approval supports the property’s multifamily operating profile.
The building is located at 232 S Market St in Memphis, Missouri, one block south of the Memphis square. Banks, restaurants, convenience stores, beauty shops, coffee shops, lumber yards, and community events are accessible from the property. Current ROI is around 14%, with financial information available upon request.
Three apartments were renovated in 2022 with updated drywall, vinyl replacement windows, cabinetry, appliances, flooring, and bathroom fixtures. A rubber roof was installed the same year. On-site parking and laundry add practical amenities for residents, while HUD approval supports the property’s multifamily operating profile.
The building is located at 232 S Market St in Memphis, Missouri, one block south of the Memphis square. Banks, restaurants, convenience stores, beauty shops, coffee shops, lumber yards, and community events are accessible from the property. Current ROI is around 14%, with financial information available upon request.
Key Highlights
- Six‑unit apartment building totaling 6,120 sq ft
- HUD‑approved property at 232 S Market St, one block south of the Memphis square
- Unit mix includes one 2‑bedroom, 2‑bath apartment and five 1‑bedroom, 1‑bath apartments
Property Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Explore this area
Business Placement
Demographics for 63555, MO
3,182
Population
1,374
Households
2.3
Avg Household Size
38
Median Age
17%
College-Educated
85%
High-School Grad
193.8 sq mi
ZIP Area
16
Density / Sq Mi
$65,096
Median Household Income
$29,663
Median Earnings
$499
Median Rent
$142,600
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 - HUD-approved multifamily property with on-site parking, laundry, and updated apartment interiors.
Where is this apartment building located?
The property is located at 232 S Market St Memphis, MO.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Six‑unit apartment building totaling 6,120 sq ft; HUD‑approved property at 232 S Market St, one block south of the Memphis square; Unit mix includes one 2‑bedroom, 2‑bath apartment and five 1‑bedroom, 1‑bath apartments
