605 La Harpe St Kirksville, MO 63501
This exceptional Class A multifamily investment opportunity in Kirksville, Missouri, presents a compelling addition to any portfolio. The property, located at 605/607 W La Harpe St, comprises a well-maintained duplex built in 2015, boasting a total of 2,712 net rentable square feet across two units. Each unit offers 1,356 square feet of living space, featuring three bedrooms, two bathrooms, an attached single-car garage, an open floor plan, stainless steel kitchen appliances, and a spacious master suite. Currently enjoying 100% occupancy with leases extending to June 30, 2025, this property offers immediate cash flow and a proven track record of strong rental income. Situated on a sizable 14,700 square foot lot, the property is zoned residential and presents a low-maintenance investment with significant potential for long-term growth. The asking price is $325,000, translating to $162,500 per unit and $239.68 per square foot. This turnkey investment is ideal for those seeking a reliable and profitable addition to their real estate holdings. The property's popularity with ATSU students ensures consistent tenant demand. Don't miss this chance to acquire a high-performing asset in a desirable location.
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
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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.