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17-Unit Apartment Building
New
For Sale
$900,000

400 S Walnut Street, La Monte, MO 65337

MULTIFAMILY, 1 Story, La Monte, MO

Property SizeContact for details
Days on Market1

Property Features for 400 S Walnut Street

General Information

Property type Residential Multi Family
Property subtype Apartment
Bedrooms 25
Rooms Bedroom 17, Bedroom 10, Bedroom 5, Bedroom 2, Bedroom 19, Bedroom 3, Bedroom 16, Bedroom 25, Bedroom 9, Bedroom 18, Bedroom 7, Bedroom 21, Bedroom 4, Bedroom 20, Bedroom 8, Bedroom 14, Bedroom 12, Bedroom 22, Bedroom 23, Bedroom 1, Bedroom 11, Bedroom 13, Bedroom 15, Bedroom 24, Bedroom 6
Window features Vinyl Frames
Appliances All Apartments, Oven/Range, Refrigerator
Subdivision See S, T, R
Elementary school district La Monte
Middle school district La Monte
High school district La Monte
Directions In LaMonte, take S Walnut street to property.
Standard status Active

Taxes and HOA fees

Tax Annual Amount 6410

Utilities

Heating system Electric (Heating)
Cooling system Electric, Central Air

Building Details

Year built 1996
Floors in Building 1
Building materials Frame, Siding-Vinyl
Roof type Composition
Architectural style Other
Listing Agency: EXP Realty LLC
Listed By: Gerad Wombles · License #2015006156
Added: Sep 10 Last Checked: Sep 10 at 3:06PM
MLS# 104124

Copyright © 2026 West Central Association of REALTORS®. 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 17-unit multifamily property includes three single-story buildings with 10 one-bedroom apartments, six two-bedroom apartments, and one three-bedroom apartment. The buildings were constructed in 1996 with frame construction, vinyl siding, composition roofs, electric heating, and central air conditioning. Apartments include ovens/ranges and refrigerators.

Roof replacements were completed across the property within 3 years, while HVAC equipment has been serviced, repaired, or replaced within 2 years. Additional upgrades have been made over the last couple of years and continue to be completed. The property is located at 400 S Walnut Street in La Monte, Missouri, and carries an approximately 10% cap rate.

Key Highlights

  • 17 units across 3 buildings
  • Apartment mix includes 10 one‑bedroom, 6 two‑bedroom, and 1 three‑bedroom units
  • All roofs replaced within 3 years

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Auto Repair Shop HVAC Service Auto Parts Store Big Box & Wholesale Store Garden Center

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

17
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby

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
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 - Three-building, single-story multifamily property with renovated systems and a varied apartment mix.
Where is this apartment building located?
The property is located at 400 S Walnut Street 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 units across 3 buildings; Apartment mix includes 10 one‑bedroom, 6 two‑bedroom, and 1 three‑bedroom units; All roofs replaced within 3 years
More about this property
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