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30-Unit Apartment Portfolio
For Sale
$3,500,000
Pending

916 N Mill Street, Festus, MO 63028

Commercial Sale, Festus, MO

Property SizeContact for details
Lot Size6.03 Acres
Days on Market18

Property Features for 916 N Mill Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Park Hill Add
Directions GPS Friendly!!
Standard status Pending
APN 19-3.0-06.0-1-006-019
Lot size 6.03 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1279

Utilities

Heating system Forced Air
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1935
Building materials Brick, Vinyl Siding
Listing Agency: Wright Living Real Estate, LLC
Listed By: Susan Wright · License #1999108490
Added: Aug 8 Changed: Aug 24 Last Checked: Aug 25 at 9:06AM
MLS# 26048932

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.

Investment Insights

Based on property information with market context.

This multifamily offering includes four fully occupied rental properties totaling 30 units. The package combines apartment buildings with residential rental properties and includes a mix of unit types. The assets occupy 6.03 acres and were built in 1935, with brick and vinyl siding construction.

All units are connected to city water and sewer. Property systems include forced-air heating and electric central air conditioning. The portfolio is located in established residential areas in Festus, Missouri, and is offered as a multifamily acquisition at 916 N Mill Street.

Key Highlights

  • Four‑property multifamily portfolio with 30 rental units
  • Fully occupied rental properties
  • 6.03 acres across the offering

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Restaurant Law Firm Dental Office Pharmacy Parking Lot & Garage Electrical Service

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

30
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby

Demographics for 63028, MO

27,924
Population
11,390
Households
2.5
Avg Household Size
40
Median Age
24%
College-Educated
91%
High-School Grad
125.8 sq mi
ZIP Area
222
Density / Sq Mi
$76,468
Median Household Income
$46,341
Median Earnings
$937
Median Rent
$221,600
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 - Four fully occupied properties combine apartment buildings and residential rentals with public water and sewer service.
Where is this apartment building located?
The property is located at 916 N Mill Street Festus, MO.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Four‑property multifamily portfolio with 30 rental units; Fully occupied rental properties; 6.03 acres across the offering
More about this property
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