Nine-Unit Apartment
For Sale
$900,000
301 W Mount Vernon Boulevard, Mount Vernon, MO 65712
Residential Income, Mt Vernon, MO
Property SizeContact for details
Lot Size2.91 Acres
Days on Market51
Property Features for 301 W Mount Vernon Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
B-3
Bedrooms
10
Rooms
Bedroom 5, Bedroom 9, Bedroom 1, Bedroom 10, Bedroom 7, Bedroom 3, Bedroom 4, Bedroom 8, Bedroom 6, Bedroom 2
Appliances
Range, Refrigerator, Microwave
View
City
Elementary school
Mt Vernon
Middle school
Mt Vernon
High school
Mt Vernon
Directions
In Mt Vernon head East on Mt Vernon Blvd, North on West St.
Standard status
Active
APN
099031002039006000
Lot size
2.91 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
MT.VERNON BLVD,W,301; BEG AT SW COR OF LOT 3 THEN S316' W223.83' N125' W50' N381' E252.83' S190' TO POB - WALNUT PARK ADD - MT VERNON
Tax Annual Amount
2912
Legal Description
MT.VERNON BLVD,W,301; BEG AT SW COR OF LOT 3 THEN S316' W223.83' N125' W50' N381' E252.83' S190' TO POB - WALNUT PARK ADD - MT VERNON
Utilities
Utilities
Water Available
Cooling system
Ceiling Fan(s)
Amenities
central coin-operated laundry facility
paved parking
Building Details
Year built
1945
Number of units
9
Building materials
Brick
Roof type
Metal
Listing Agency:
Keller Williams · Keller Williams Realty
(417) 883-4900
Listed By:
Adam Graddy · License #2004014961
(417) 501-5091
Added: Jul 2
Changed: Aug 19
Last Checked: Aug 21 at 5:06AM
MLS# 60327968
Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). 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.
Located at 301 W Mount Vernon Boulevard, this fully renovated nine-unit apartment building offers a mix of eight 1-bedroom units and one 2-bedroom unit. Eight of the nine units are currently leased. Updates include new flooring, fresh paint, and updated appliances in every unit, designed to support a low-maintenance, ready-to-lease setup.
The property sits on 2.91 acres and is zoned B-3. The front portion of the property lies within a floodplain, and any future development plans should be verified through the purchaser’s due diligence. On-site features include a central coin-operated laundry facility and paved parking. Construction is brick, with a metal roof, and the building is serviced by water available and ceiling fan(s) for cooling.
For buyers evaluating a stabilized multifamily asset, the current leasing status and uniform unit updates provide a straightforward starting point, while the additional land can support future planning after confirming floodplain considerations.
The property sits on 2.91 acres and is zoned B-3. The front portion of the property lies within a floodplain, and any future development plans should be verified through the purchaser’s due diligence. On-site features include a central coin-operated laundry facility and paved parking. Construction is brick, with a metal roof, and the building is serviced by water available and ceiling fan(s) for cooling.
For buyers evaluating a stabilized multifamily asset, the current leasing status and uniform unit updates provide a straightforward starting point, while the additional land can support future planning after confirming floodplain considerations.
Key Highlights
- Nine units: eight 1‑bedroom units and one 2‑bedroom unit
- Eight of the nine units currently leased
- 2.91 acres zoned B‑3
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
358
Businesses Nearby
Explore this area
Business Placement
Demographics for 65712, MO
8,464
Population
3,555
Households
2.4
Avg Household Size
41
Median Age
21%
College-Educated
89%
High-School Grad
120.4 sq mi
ZIP Area
70
Density / Sq Mi
$61,832
Median Household Income
$39,066
Median Earnings
$687
Median Rent
$208,000
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 - B-3 zoned apartment complex on 2.91 acres with brick construction, metal roof, and central coin laundry.
Where is this apartment building located?
The property is located at 301 W Mount Vernon Boulevard Mount Vernon, MO.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Nine units: eight 1‑bedroom units and one 2‑bedroom unit; Eight of the nine units currently leased; 2.91 acres zoned B‑3
