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Apartment Building with Coin Laundry
New
For Sale
$339,000

301 E Illinois Street, Kirksville, MO 63501

Residential Income, Ranch, Kirksville, MO

Property SizeContact for details
Days on Market4

Property Features for 301 E Illinois Street

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Bedrooms 12
Bathrooms 6
Rooms Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 1, Bedroom 2, Bedroom 7, Bedroom 9, Bedroom 10, Bathroom 2, Bedroom 8, Bedroom 6, Bathroom 6, Bedroom 11, Bathroom 4, Bathroom 3, Bedroom 12, Bedroom 5, Bathroom 5
Subdivision Northeast Addition
Elementary school district Kirksville R-III
Middle school district Kirksville R-III
High school district Kirksville R-III
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Description On file @ office
Tax Annual Amount 1550
Legal Description On file @ office

Utilities

Sewer type Public Sewer
Water source Public

Amenities

coin-operated laundry
mini-split heating and cooling

Building Details

Year built 1960
Number of units 6
Architectural style Ranch
Listing Agency: Anew Realty Group LLC
Listed By: Kim Keyes · License #1999057694
Added: Sep 23 Changed: Sep 25 Last Checked: Sep 26 at 9:06PM
MLS# 47086

Copyright © 2026 Northeast Central Board of Realtors - MO. 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 ranch-style apartment property at 301 E Illinois Street in Kirksville, Missouri, contains six two-bedroom, one-bath units arranged on a single level. Each residence is served by a mini-split heating and cooling system, providing dedicated climate control within the units. A coin-operated laundry facility adds an on-site resident amenity.

Constructed in 1960, the property is connected to public water and public sewer. The six-unit configuration offers a straightforward multifamily layout with consistent unit sizes and one-level access throughout the building.

Key Highlights

  • Six two‑bedroom, one‑bath apartment units
  • All units are arranged on one level
  • Mini‑split heating and cooling systems in each unit

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Kitchen & Bath Showroom Electrical Service Carpet & Flooring Store Daycare Center (Bike/Boat/Book/etc) Store Garden Center

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

796
Businesses Nearby

Demographics for 63501, MO

21,501
Population
9,445
Households
2.3
Avg Household Size
29
Median Age
38%
College-Educated
93%
High-School Grad
206.3 sq mi
ZIP Area
104
Density / Sq Mi
$55,394
Median Household Income
$29,959
Median Earnings
$783
Median Rent
$159,700
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Single-level rental property with mini-split systems and resident coin-operated laundry.
Where is this apartment building located?
The property is located at 301 E Illinois Street Kirksville, MO.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Six two‑bedroom, one‑bath apartment units; All units are arranged on one level; Mini‑split heating and cooling systems in each unit
More about this property
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