118 Madison Ave, Aurora, MO 65605
This exceptional commercial property in Aurora, Missouri, presents a unique investment opportunity. Located at 118-120 Madison Avenue, this 7,100 square foot property sits on a 0.12-acre lot and offers versatile space across two buildings constructed in 1919. The property currently features four one-bedroom apartments, beautifully furnished and ideal for short-term rentals (like Airbnb) or long-term residential leasing. Each apartment includes large walk-in showers and Jacuzzis. The property's potential extends beyond residential use
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.