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Duplex Community with Expansion Sites
For Sale
$1,500,000

901 Grove St, Bonne Terre, MO 63628

Established duplex community with paved streets and water and electric service extended to planned future building sites.

Property SizeContact for details
Days on Market26

Property Features for 901 Grove St

General Information

Standard status Active

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $4,825
Listing Agency: Coldwell Banker Realty - Gundaker
Listed By: Randi Welch
Source: Exprealty
Added: Jul 18 Changed: Aug 11 Last Checked: Aug 12 at 11:16AM

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 Coldwell Banker Realty - Gundaker

Investment Insights

Based on property information with market context.

This duplex community combines existing residential units with planned locations for additional duplex construction. Some units were built as recently as 2024, providing a modern component within the established development. Water and electric infrastructure has already been extended to the future sites, while paved streets support the existing layout and planned expansion.

The development was renamed Rose Dr. in 2025 and includes current income-producing units alongside additional building opportunities. The property is located at 901 Grove St in Bonne Terre, Missouri.

Key Highlights

  • Some units built as recently as 2024
  • Water and electric infrastructure installed for future duplex sites
  • Multiple additional duplex sites are planned

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Auto Parts Store Law Firm Nail Salon

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

135
Businesses Nearby

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

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?
Duplex - Established duplex community with paved streets and water and electric service extended to planned future building sites.
Where is this duplex located?
The property is located at 901 Grove St Bonne Terre, MO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Some units built as recently as 2024; Water and electric infrastructure installed for future duplex sites; Multiple additional duplex sites are planned
More about this property
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