603 Missouri Ave Chillicothe, MO 64601
This exceptional investment opportunity presents a rare chance to acquire a multifamily property situated on a substantial 8,494 square foot lot in Chillicothe, Missouri. Located at 603 Missouri Avenue, this property is classified as both residential and land, offering significant potential for redevelopment or continued operation as a rental property. The property's zoning and permitted uses should be independently verified. The asking price is an attractive $15,000, making it an ideal entry point for investors seeking a strong return on investment in the Chillicothe market. The property's size and location within Livingston County, Missouri, provide excellent potential for future appreciation. Given its classification as a duplex, triplex, or quadplex, the property offers multiple income streams or the possibility of expanding the existing units. The address is 603 Missouri Avenue, Chillicothe, MO 64601. Prospective buyers are encouraged to conduct their own due diligence to assess the property's suitability for their investment goals. This includes, but is not limited to, verifying zoning regulations, conducting a thorough property inspection, and reviewing all relevant financial documents. The property is sold as-is. This is a unique opportunity to acquire a multifamily property in a desirable location at a highly competitive price. Don't miss out on this chance to add a valuable asset to your portfolio.
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.