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    Millstadt, IL Multifamily Properties for Sale

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    Victorian Multifamily Property in Millstadt
    $385,000
    1,896 SF

    Victorian Multifamily Property in Millstadt

    23 W Laurel St, Millstadt, IL 62260

    Income-producing Victorian with four apartments near Millstadt's shops and restaurants.

    • Strong income‑producing property with $2,413 net monthly income, plus potential garage rental income.
    • Nearly 8.0% cap rate, exceeding typical area rates.
    • Prime in‑town location, walk to restaurants and shops.
    • Four separate apartments featuring updated kitchens and bathrooms.
    • Separate electric meters for each unit.
    Updated: Mar 2
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    Millstadt 6-Unit Apartment Building
    $520,000
    3,600 SF

    Millstadt 6-Unit Apartment Building

    855 M And O Station Rd, Millstadt, IL 62260

    Turnkey multifamily investment with strong income potential near St. Louis.

    • 10% Cap Rate: Provides a strong return on investment.
    • Turnkey Investment: Requires minimal immediate effort from the buyer.
    • High Occupancy Rate: 90% occupancy (5 of 6 units leased) ensures consistent income.
    • Recent Capital Improvements: New roof and windows minimize near‑term maintenance expenses.
    • Spacious Units: Each unit has 2 bedrooms, 1 bath, living room, kitchen, and laundry hookups.
    Updated: Feb 10
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Millstadt, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Investment Opportunity in Columbia
    $710,000

    Mixed-Use Investment Opportunity in Columbia

    Six-unit mixed-use building in historic downtown Columbia.

    127 N Main St, Columbia, IL 62236
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    Downtown Columbia Mixed-Use Building
    $155,000
    4,500 SF

    Downtown Columbia Mixed-Use Building

    Mixed-use building with commercial and residential spaces in downtown Columbia.

    106 S Main St, Columbia, IL 62236
    View details
    Belleville Commercial Land - 3.5 Acres
    Contact for pricing
    3.50 Acres

    Belleville Commercial Land - 3.5 Acres

    Prime Belleville development site, high visibility, all utilities.

    0 Illinois St, Belleville, IL 62220
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    Mixed-Use Building Near Downtown Belleville
    $240,000
    2,926 SF

    Mixed-Use Building Near Downtown Belleville

    Two-story mixed-use property with commercial space and updated apartment.

    719 Centreville Ave, Belleville, IL 62220
    View details

    Millstadt, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Millstadt, IL on our real estate platform. These investment opportunities span a total of 23,522 square feet of properties for sale, with an estimated market value of $905,000.

    Sale prices for multifamily properties in Millstadt, IL start at $385,000, averaging $452,500, and reaching up to $520,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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