1404 Sylvanie St Saint Joseph, MO 64501
This exceptional two-unit multifamily property in Saint Joseph, Missouri, presents a compelling investment opportunity. Located at 1404 & 1406 Sylvanie Street, this Class B property offers two spacious units, each boasting approximately 1200 square feet (per previous owner) with three bedrooms. Recent upgrades include new kitchen and bathroom flooring in one unit, reglazed bathtubs with new tile surrounds in both, and appliances less than two years old. Both units feature central heating and cooling, ensuring year-round comfort for tenants. Each unit includes two dedicated parking spaces, a washer, dryer, and a refrigerator. One unit also has a dishwasher. Both units have private basements, and the attic offers significant potential for expansion, with ample space to create additional living areas. The property's prime location near Coleman Hawkins Park and Felix Street Square adds to its appeal. The asking price is $194,900, representing an attractive price per unit of $97,450. This property is ideal for investors seeking a strong return on investment with significant upside potential. The property is currently for sale by owner.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.