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Five-Unit Apartment Building
For Sale
$250,000

401 Kentucky St, Louisiana, MO 63353

Renovation work is substantially advanced, with a new roof and HVAC serving the historic building.

Property Size4,466 SF
Price / SF$55.98
Days on Market18

Property Features for 401 Kentucky St

General Information

Standard status Active
Size 4,466 SF
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence most units just shy of being rent-ready

Additional Details

Multifamily Units 5

Taxes and HOA fees

Annual Taxes $469

Building Details

Year Built 1890
Listing Agency: Berkshire Hathaway HomeServices Select Properties
Listed By: Toni Roberts · License #2013043742
Source: Exprealty
Added: Sep 9 Changed: Sep 21 Last Checked: Sep 26 at 10:32AM

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 Berkshire Hathaway HomeServices Select Properties

Investment Insights

Based on property information with market context.

Located at 401 Kentucky St in Louisiana, Missouri, this 4,466-square-foot apartment building includes five units within a structure built in 1890. The property retains its historic character while benefiting from substantial renovation work already completed.

A new roof and HVAC system are in place, and most units are nearly ready for occupancy. Remaining improvements provide an opportunity to complete the renovation program and prepare the apartments for leasing.

Key Highlights

  • Five‑unit apartment property at 401 Kentucky St, Louisiana, MO
  • 4,466 square feet of building area
  • Built in 1890

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Real Estate Agency HVAC Service Plumbing Service Auto Parts Store Bakery

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

231
Businesses Nearby

Demographics for 63353, MO

4,394
Population
2,439
Households
1.8
Avg Household Size
42
Median Age
16%
College-Educated
87%
High-School Grad
83.8 sq mi
ZIP Area
52
Density / Sq Mi
$49,219
Median Household Income
$35,583
Median Earnings
$678
Median Rent
$101,700
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovation work is substantially advanced, with a new roof and HVAC serving the historic building.
Where is this apartment building located?
The property is located at 401 Kentucky St Louisiana, MO.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Five‑unit apartment property at 401 Kentucky St, Louisiana, MO; 4,466 square feet of building area; Built in 1890
More about this property
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