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Renovated 9-Unit Apartment Building
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 Market96

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 4, Bedroom 5, Bedroom 2, Bedroom 9, Bedroom 6, Bedroom 8, Bedroom 7, Bedroom 10, Bedroom 3, Bedroom 1
Appliances Range, Refrigerator, Microwave
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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
Listed By: Adam Graddy · License #2004014961
Added: Jul 2 Changed: Sep 13 Last Checked: Oct 5 at 4:06PM
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.

This 9-unit apartment property includes eight one-bedroom residences and one two-bedroom residence. The units have been renovated with new flooring, fresh paint, and updated appliances, including ranges, refrigerators, and microwaves. A central coin-operated laundry facility serves the property, while paved parking supports residents. Built in 1945, the building features brick construction, a metal roof, ceiling fan cooling, and water available to the site. Eight of the nine units are currently leased.

The property occupies 2.91 acres at 301 W Mount Vernon Boulevard in Mt Vernon, Missouri. The front portion of the site lies within a floodplain, and future development plans require purchaser verification. The additional land, B-3 zoning, and existing apartment configuration are included in the offering.

Key Highlights

  • 9 apartment units with eight 1‑bedroom units and one 2‑bedroom unit
  • 8 of 9 units currently leased
  • 2.91‑acre property at 301 W Mount Vernon Boulevard

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store Locksmith Garden Center (Bike/Boat/Book/etc) Store Dental Office Kitchen & Bath Showroom

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

358
Businesses Nearby

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
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 - Updated multifamily property with paved parking, shared coin-operated laundry, and B-3 zoning.
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: 9 apartment units with eight 1‑bedroom units and one 2‑bedroom unit; 8 of 9 units currently leased; 2.91‑acre property at 301 W Mount Vernon Boulevard
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