4-Unit Mixed-Use
518 Grove St, Bonne Terre, MO 63628
For Sale
New
$425,000
Four residences and two office areas provide a combination of residential space and business use.
Property Size5,040 SF
Lot Size0.74 Acres
Price / SF$84.33
Days on Market5
Property Features for 518 Grove St
General Information
Standard status
Size
Lot size
Units
Unit Mix
Multifamily Units
Additional Details
Utilities to Site
Listing Agency:
Keller Williams Realty Platinum
(314) 677-6000
Listed By:
Chelsea House · License #2022007589
(573) 210-9056
Source:
Exprealty
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 6 at 11:05AM
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 Keller Williams Realty Platinum
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 518 Grove St in Bonne Terre, this mixed-use property has a 5,040-square-foot main building with four residential units: a 5-bedroom, 2-bathroom unit, a 3-bedroom, 2-bathroom unit with basement and laundry hookup, a 1-bedroom, 1-bathroom unit, and a studio with bath and laundry hookup. A 1,180-square-foot garage addition contains two bays and an office area with a separate entrance; its restroom is in progress. A second office suite has two rooms, a restroom, and a private entrance.
A 24-by-36-foot carport and gravel parking serve the property. Improvements include a metal roof approximately 10 years old, blown-in insulation installed in the attic and walls within the past five years, two 200-amp electrical services with sub-panels, and three electric water heaters that are 1–5 years old. City water and sewer are connected, and fiber internet is available. Remodeling is underway; zoning, permits, and occupancy require buyer verification.
A 24-by-36-foot carport and gravel parking serve the property. Improvements include a metal roof approximately 10 years old, blown-in insulation installed in the attic and walls within the past five years, two 200-amp electrical services with sub-panels, and three electric water heaters that are 1–5 years old. City water and sewer are connected, and fiber internet is available. Remodeling is underway; zoning, permits, and occupancy require buyer verification.
Key Highlights
- Four residential units and two office areas
- 5,040‑square‑foot main building
- 1,180‑square‑foot garage addition with two bays and an office area
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
Explore this area
Business Placement
Demographics for 63628, MO
16,373
Population
6,183
Households
2.6
Avg Household Size
41
Median Age
16%
College-Educated
87%
High-School Grad
120.2 sq mi
ZIP Area
136
Density / Sq Mi
$59,237
Median Household Income
$34,726
Median Earnings
$698
Median Rent
$171,000
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four residences and two office areas provide a combination of residential space and business use.
Where is this mixed-use property located?
The property is located at 518 Grove St Bonne Terre, MO.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Four residential units and two office areas; 5,040‑square‑foot main building; 1,180‑square‑foot garage addition with two bays and an office area
