603 Missouri Ave Ave Chillicothe, MO 64601
This exceptional investment opportunity presents a multifamily property situated on a generous 8,494 square foot lot in Chillicothe, Missouri. Located at 603 Missouri Avenue, this property is classified as a duplex, triplex, or quadplex and offers significant potential for rental income or redevelopment. The asking price is an attractive $15,000, making it an ideal entry point for investors seeking a foothold in the Missouri real estate market. The property's substantial lot size provides ample space for potential expansion or future development projects. The address is conveniently located within the city limits of Chillicothe, Livingston County, Missouri, with the zip code 64601. Given its classification as both residential and land, this property presents a unique blend of investment possibilities. The property's existing structure, whether a duplex, triplex, or quadplex, offers immediate income potential, while the expansive lot size allows for future growth and adaptation to changing market demands. This is a rare opportunity to acquire a multifamily property at a highly competitive price point in a desirable location. The property's location offers easy access to local amenities and services, making it an attractive proposition for both tenants and investors. Serious inquiries are encouraged to explore the full potential of this promising investment. The property is ready for a discerning investor to capitalize on its inherent value and potential for future appreciation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.