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18-Unit Apartment Community with Townhomes
New
For Sale
$2,600,000

504 OAKLAWN AVE, Fayette, MO 65248

Fully leased community with modern finishes, included appliances, and on-site parking.

Property SizeContact for details
Days on Market5

Property Features for 504 OAKLAWN AVE

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 9 x 3BR/1.5BA, 9 x 2BR/1.5BA
Multifamily Units 18

Amenities

on-site parking
green space

Building Details

Year Built 2025
Buildings 3
Listing Agency: Century 21 Community
Listed By: Russell Boyt Real Estate Group
Source: Livelovemissouri
Added: Aug 30 Changed: Sep 2 Last Checked: Sep 2 at 4:42PM

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 Century 21 Community

Investment Insights

Based on property information with market context.

This 18-unit townhome community consists of three buildings constructed in 2025. The unit mix includes nine 3-bedroom/1.5-bath residences and nine 2-bedroom/1.5-bath residences, all currently leased. Each home includes custom cabinetry and trim, tankless water heating, stained concrete and hardwood flooring, and no carpet. Kitchens are equipped with appliances, and washers and dryers are included.

On-site parking, shared green space, and a community-wide non-smoking policy are additional property features. Located at 504 Oaklawn Ave in Fayette, Missouri, the community combines newer construction with a defined residential configuration and fully leased occupancy.

Key Highlights

  • 18‑unit townhome community arranged across three buildings
  • Built in 2025 with all 18 units currently leased
  • Unit mix includes nine 3‑bedroom/1.5‑bath and nine 2‑bedroom/1.5‑bath residences

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Electrical Service Kitchen & Bath Showroom Storage Facility

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

18
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

277
Businesses Nearby

Demographics for 65248, MO

4,781
Population
1,815
Households
2.6
Avg Household Size
33
Median Age
31%
College-Educated
90%
High-School Grad
172.6 sq mi
ZIP Area
28
Density / Sq Mi
$53,797
Median Household Income
$30,000
Median Earnings
$838
Median Rent
$141,600
Median Home Value

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 - Fully leased community with modern finishes, included appliances, and on-site parking.
Where is this apartment building located?
The property is located at 504 OAKLAWN AVE Fayette, MO.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 18‑unit townhome community arranged across three buildings; Built in 2025 with all 18 units currently leased; Unit mix includes nine 3‑bedroom/1.5‑bath and nine 2‑bedroom/1.5‑bath residences
More about this property
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