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5-Unit Multifamily Property
New
For Sale
$99,000

319 N Grand Avenue, Houston, MO 65483

Residential Income, Houston, MO

Property SizeContact for details
Lot Size0.25 Acres
Days on Market5

Property Features for 319 N Grand Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning City
Bedrooms 7
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 7, Bedroom 6
Parking features On Street
Appliances Range, Refrigerator
Elementary school Houston
Middle school Houston
High school Houston
Directions From Houston take Walnut st and turn right onto N Grand, properties are on the left
Standard status Active
APN 20-0.3-05-003-018-001
Lot size 0.25 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2021
Tax Description N96' OF LT 1 & 2
Tax Annual Amount 472
Legal Description N96' OF LT 1 & 2

Utilities

Sewer type Public Sewer
Heating system Pellet Stove, Space Heater
Cooling system Window Unit(s)

Building Details

Year built 1940
Number of units 5
Building materials Stucco, Lap Siding
Roof type Metal, Fiberglass
Buildings 3
Listing Agency: EXP Realty LLC
Listed By: Rob & Stacey Real Estate
Added: Oct 22 Changed: Oct 25 Last Checked: Oct 26 at 5:06PM
MLS# 60336882

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.

Rey
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Investment Insights

Based on property information with market context.

This multifamily property brings together three buildings with five rental units on a 0.25-acre parcel. The unit mix includes a two-bedroom, one-bath house; a two-bedroom, one-bath apartment and a one-bedroom, one-bath apartment in a two-story home; and two one-bedroom, one-bath units in a duplex. The property was built in 1940, and the buildings may require updates and repairs. Pellet stoves provide heat in the standalone house and the downstairs apartment.

All five units are occupied. The property is within Houston city limits and is zoned City. Public sewer serves the parcel.

Key Highlights

  • Five occupied rental units across three buildings
  • 0.25‑acre parcel within Houston city limits
  • Unit mix includes three one‑bedroom units and two two‑bedroom units

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

223
Businesses Nearby

Demographics for 65483, MO

4,607
Population
2,077
Households
2.2
Avg Household Size
43
Median Age
14%
College-Educated
85%
High-School Grad
107.0 sq mi
ZIP Area
43
Density / Sq Mi
$48,099
Median Household Income
$28,632
Median Earnings
$727
Median Rent
$116,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Three separate buildings on one parcel offer a mix of one- and two-bedroom rental units.
Where is this multifamily property located?
The property is located at 319 N Grand Avenue Houston, MO.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Five occupied rental units across three buildings; 0.25‑acre parcel within Houston city limits; Unit mix includes three one‑bedroom units and two two‑bedroom units
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