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Property profile & analytics
FOR SALE
Multifamily properties

220 W Chestnut St Houston, MO 65483

0.28 ac lot Built 1963
Property ID
US48-2164022
Property summary
AI-generated overview

This meticulously maintained six-unit multi-family property located at 220 W Chestnut Street in Houston, Missouri, presents a compelling investment opportunity. The complex sits on a 0.28-acre lot and is comprised of five spacious one-bedroom, one-bathroom units and one larger two-bedroom, two-bathroom unit. Each unit offers residents the convenience of a private entrance, ample storage with walk-in closets, and modern comfort with central heating and air conditioning. On-site amenities include a coin-operated laundry facility for tenant use, ensuring added convenience and income potential. A storm shelter provides an important safety feature for residents. Designated parking is available for each unit, eliminating parking hassles. The property's strategic location offers exceptional walkability to local schools, parks, and the downtown area, enhancing its appeal to tenants and maximizing rental income potential. This turnkey operation requires minimal effort for management, making it an ideal investment for those seeking a low-maintenance, high-return property in a desirable Missouri town. The asking price is $399,999. This represents an excellent opportunity for investors seeking a stable and profitable addition to their portfolio.

Property profile
Verified
Property type Multifamily properties
Year built 1963
Lot 0.28 ac (12,197 SF)
UPID US48-2164022
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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