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    Five-Unit Apartment Building Title is generated by Realmo AI

    402 N 1st Street S, Owensville, MO 65066

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    For Sale
    $239,000

    5 Family or More - Owensville, MO

    Property size:
    2,912 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $82/SF
    Added:
    Jun 11, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 12 at 10:06 pm

    Property Features for 402 N 1st Street S

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    On Street
    Security features
    Security System, Security System Owned, Smoke Detector(s)
    Basement Y/N
    1
    Appliances
    Range, Refrigerator
    Standard status
    Active
    APN
    14-9.0-29-004-018-007.000
    Size
    2,912 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    571

    Utilities

    Cooling system
    Ceiling Fan(s), Multi Units, Window Unit(s)

    Building Details

    Year built
    1906
    Floors in Building
    2
    Number of units
    5
    Flooring type
    Carpet, Vinyl, Wood
    Building materials
    Concrete, Vinyl Siding, Wood Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    Diane Thomas

    Listing agent Diane Thomas License #1999127591

    Listing office RE/MAX Exclusive Properties 1874 Hwy 28, Owensville, MO

    Listing date Jun 11, 2026

    MLS# 25077385 Listing URL

    Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully occupied 5‑unit apartment building with all five units currently rented
    • Gross rental income of $2,400 per month; operating expenses of about $400 per month
    • Unit mix: one 2‑bedroom ($500/mo), two studios ($445/mo and $465/mo), and two 1‑bedrooms ($475/mo and $515/mo)
    • Year built 1906 with basement (BasementYN: true)
    • Appliances included: range and refrigerator
    • Cooling includes ceiling fan(s) and window unit(s); flooring includes carpet, vinyl, and wood

    Overview

    This fully occupied 5-unit apartment building is configured with two-bedroom, one-bedroom, and studio apartments. The current rent roll lists Unit 1 as a 2-bedroom at $500 per month, Unit 2 as a 1-bedroom at $475 per month, Unit 3 as a studio at $445 per month, Unit 4 as a studio at $465 per month, and Unit 5 as a 1-bedroom at $515 per month. According to the provided information, the property generates approximately $2,400 per month in gross rental income, with approximately $400 per month in operating expenses.

    The building is located at 402 N 1st Street S in Owensville, Missouri, within Gasconade County. The lot size is listed as 0.15 acres, and the total property size is approximately 2,912 square feet.

    For buyers or operators looking for immediate rental income, this property is offered with all five units currently rented. With established tenants in place and the stated operating expense figure provided, it presents a straightforward option for those seeking a residential income asset where collections begin upon closing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Owensville
    County
    Gasconade
    State
    Missouri
    Longitude
    -91.500175
    Latitude
    38.350159

    FAQs

    What type of property is this?
    Apartment building - Fully leased five-unit building with $2,400/month gross rental income and estimated $400/month operating expenses in Owensville, Missouri.
    Where is this apartment building located?
    The property is located at 402 N 1st Street S Owensville, MO.
    What is the asking price?
    The asking price for this property is $239,000.
    What are key features of this property?
    This property features: Fully occupied 5‑unit apartment building with all five units currently rented; Gross rental income of $2,400 per month; operating expenses of about $400 per month; Unit mix: one 2‑bedroom ($500/mo), two studios ($445/mo and $465/mo), and two 1‑bedrooms ($475/mo and $515/mo)
    More about this property
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