17-Unit Apartment
New
For Sale
$900,000
400 S Walnut, La Monte, MO 65337
Three separate buildings provide a mix of apartment layouts, with recent roof and HVAC work.
Property SizeContact for details
Days on Market5
Property Features for 400 S Walnut
General Information
Standard status
Active
Property subtype
Residential Income
Occupancy
100%
Financials
Cap Rate
10%
Gross Income
$124,200
Units
Unit Mix
10 x 1BR, 6 x 2BR, 1 x 3BR
Multifamily Units
17
Additional Details
Tenant in Place
Yes
Amenities
Yes
No
Vinyl
In Unit,Washer/Dryer Hook Ups
Square Feet
30240
1
112x270
0.6942
Courthouse
Off Street
Asphalt
Slab
Public
3
Building Details
Year Built
1996
Buildings
3
Stories
1
Listing Agency:
Laurie Realty Enterprises LLC.
(573) 374-5400
Listed By:
Reyna Natividad · License #2024026347
(573) 789-1818
Source:
Laurierealty
Added: Oct 29
Last Checked: Oct 29 at 2:40PM
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 Laurie Realty Enterprises LLC.
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Investment Insights
Based on property information with market context.
This 17-unit apartment property consists of three buildings with 10 one-bedroom apartments, six two-bedroom apartments, and one three-bedroom apartment. The buildings were constructed in 1996. Roofs were replaced within the past three years, and HVAC systems were serviced, repaired, or replaced within the past two years. Additional upgrades have been completed in recent years and are ongoing.
The property is located at 400 S Walnut in La Monte, Missouri. At full occupancy, the apartments generate $10,350 in monthly rent. The stated cap rate is approximately 10%.
The property is located at 400 S Walnut in La Monte, Missouri. At full occupancy, the apartments generate $10,350 in monthly rent. The stated cap rate is approximately 10%.
Key Highlights
- 17 apartments across 3 buildings
- Unit mix: 10 one‑bedroom, 6 two‑bedroom, and 1 three‑bedroom apartments
- Built in 1996
Property Analytics
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Lease Details
17
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
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Business Placement
Demographics for 65337, MO
1,882
Population
750
Households
2.5
Avg Household Size
37
Median Age
16%
College-Educated
83%
High-School Grad
87.5 sq mi
ZIP Area
22
Density / Sq Mi
$66,063
Median Household Income
$36,144
Median Earnings
$681
Median Rent
$166,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Three separate buildings provide a mix of apartment layouts, with recent roof and HVAC work.
Where is this apartment building located?
The property is located at 400 S Walnut La Monte, 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: 17 apartments across 3 buildings; Unit mix: 10 one‑bedroom, 6 two‑bedroom, and 1 three‑bedroom apartments; Built in 1996
