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Turnkey Multi-Family Income Property

301 West Mount Vernon Boulevard Mount Vernon, MO 65712

301 West Mount Vernon Boulevard, Mount Vernon, MO, 65712
Contact for pricing
For Sale
Contact for pricing

Fully renovated 9-unit complex with paved parking and on-site coin laundry, offering 8 currently leased apartments.

Property Size5,000 SF
Lot Size2.91 Acres
Price / SF$180
Days on Market20

Property Features for 301 West Mount Vernon Boulevard

General Information

Standard status
Active
Size
5,000 SF
Lot size
2.91 Acres
Property subtype
Multifamily

Building Details

Year Built
1945
Listing agency Graddy Real Estate
Listed by Adam Graddy · License #MO 2004014961
Source Crexi
Added: Jul 2 Updated: Jul 21 at 12:28AM Checked: Jul 21 at 3:05AM

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 Graddy Real Estate


Investment Insights

Based on property information with market context.

This fully renovated multi-family property includes 9 apartment units: eight 1-bedroom units and one 2-bedroom unit. Eight of the nine units are currently leased, providing immediate rental income. Updates across the units include new flooring, fresh paint, and updated appliances, supporting a turnkey setup with reduced day-to-day maintenance.

Additional amenities include a central coin-operated laundry facility and paved parking. The property sits on 2.91 acres, offering additional land for potential future expansion. Buyers should note the front portion of the property is located within a floodplain, and any future development plans should be verified through the purchaser’s own due diligence.

The complex is positioned for convenient access to local employers, schools, and amenities.

Key Highlights

  • Fully renovated 9‑unit multi‑family built in 1945 with 8 of 9 units currently leased
  • Unit mix: eight 1‑bedroom units and one 2‑bedroom unit
  • Current rents generate $6,850/month with updated flooring, fresh paint, and updated appliances in every unit

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Parking Lot & Garage Grocery & Convenience Store Locksmith Garden Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Pet Grooming Service Plumbing Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Fully renovated 9-unit complex with paved parking and on-site coin laundry, offering 8 currently leased apartments.
Where is this apartment building located?
The property is located at 301 West 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: Fully renovated 9‑unit multi‑family built in 1945 with 8 of 9 units currently leased; Unit mix: eight 1‑bedroom units and one 2‑bedroom unit; Current rents generate $6,850/month with updated flooring, fresh paint, and updated appliances in every unit
Contact an agent
(417) 883-4900 Call to check price and availability
More about this property
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