Multifamily Property in La
For Sale
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400 S Walnut St, La Monte, MO 65337
17-unit multifamily property with recent upgrades and strong income potential.
Property SizeContact for details
Days on Market973
Property Features for 400 S Walnut St
General Information
Standard status
Active
Class
C
Property subtype
Multifamily
Zoning
R-2
Building Details
Year Built
1980
Listing Agency:
Country Vision Associates
Listed By:
Rachel Countryman
Source:
Crexi
Added: Dec 24, 2023
Changed: Aug 23
Last Checked: Aug 23 at 2:38AM
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 Country Vision Associates
Investment Insights
Based on property information with market context.
This multifamily property features 17 units across three buildings. The unit mix includes 8 one-bedroom apartments, 8 two-bedroom apartments, and 1 three-bedroom apartment. Current rental rates are $475 per month for one-bedroom units, $575 per month for two-bedroom units, and $650 per month for the three-bedroom unit, generating a total monthly income of $8,850 at full occupancy. The property has undergone several upgrades in recent years. All roofs have been replaced within the past two years. The HVAC systems have been serviced, with replacements and repairs completed last year. This property presents a potential investment opportunity.
Key Highlights
- Total monthly rent of $8850 at 100% occupancy.
- 17 total units (8 one bedroom, 8 two bedroom, 1 three bedroom).
- All roofs replaced within the last 2 years.
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 17-unit multifamily property with recent upgrades and strong income potential.
Where is this apartment building located?
The property is located at 400 S Walnut St La Monte, MO.
What is the asking price?
The asking price for this property is $874,900.
What are key features of this property?
This property features: Total monthly rent of $8850 at 100% occupancy.; 17 total units (8 one bedroom, 8 two bedroom, 1 three bedroom).; All roofs replaced within the last 2 years.
