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Property profile & analytics
OFF-MARKET
Land

603 Missouri Ave Ave Chillicothe, MO 64601

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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