Residential Income

Cape Girardeau, MO Residential Income Properties for Sale

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Mc Clure, IL Scott City, MO Jackson, MO Chaffee, MO Tamms, IL Delta, MO Wolf Lake, IL Whitewater, MO
6 properties
Historic Multifamily Residence with Carriage House
Updated: May 17
Historic Multifamily Residence with Carriage House

325 N Sprigg Street, Cape Girardeau, MO 63701

$425,000
6,027 sqft 0.66 AC lot
1915 brick Neoclassical Revival home with original details including hardwood flooring and historic millwork
Grand two‑story portico plus pocket doors, built‑ins, and a dramatic grand staircase
Includes a butler pantry, separate dining room, and a massive fireplace (fireplace present)
Heating includes natural gas with forced air and radiant systems; central air cooling and electric cooling
Detached carriage house converted to apartment‑style living with 6 rooms and 2 bathrooms
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Triplex Multifamily Investment Package
Updated: Jul 7
Triplex Multifamily Investment Package

627-631-635 S Sprigg Street, Cape Girardeau, MO 63703

$700,000
0.17 AC lot
Investment package includes three income‑producing properties: 627, 631, and 635 Sprigg St
Two multifamily buildings totaling 9 units: 5 units at 627 Sprigg St and 4 units at 635 Sprigg St
Property at 631 Sprigg St is currently occupied by Tropical Island Pets
Construction materials include vinyl siding
Utilities include public water
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Live-Work Property with Heated Shop
Live-Work Property with Heated Shop

241 County Road 226, Cape Girardeau, MO 63701

$999,900
5.00 AC lot

All-brick home with a heated three-bay shop and separate apartment above, all on 5 acres.

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12-Unit Apartment Investment
12-Unit Apartment Investment

3023 Aspen Drive, Cape Girardeau, MO 63701

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11,832 sqft

Fully occupied 12-unit multifamily property with in-unit laundry in each spacious two-bedroom unit.

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Multi-Family Apartment Building
Multi-Family Apartment Building

239 N Middle Street, Cape Girardeau, MO 63701

$599,900
5,943 sqft 0.23 AC lot

Nine-unit apartment complex with a private parking lot and unit mix ranging from studios to three-bedroom layouts.

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Residential Quadplex Investment
Residential Quadplex Investment

921 William Street, Cape Girardeau, MO 63703

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Quadplex offers 3 two-bedroom and 1 one-bedroom apartment floor plans with some long-term tenants.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 6 Active listings in Cape Girardeau, MO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Downtown Anna Mixed-Use Building
Downtown Anna Mixed-Use Building

214 S Main St, Anna, IL 62906

$52,900
1,955 sqft 0.06 AC lot

Remodeled building with retail space and two-bedroom apartment.

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Two-Unit Mixed-Use Building
Two-Unit Mixed-Use Building

113 LAFAYETTE Street, Anna, IL 62906

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Two-unit property with a ground-floor commercial/retail unit and an upstairs 2-bedroom apartment used for short-term rentals.

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Turnkey Apartment Building
Turnkey Apartment Building

701 Warren St, Charleston, MO 63834

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Turnkey 50-unit apartment property with central heating and air, in-unit W/D hookups, and private parking.

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Multi-Unit Residential Income Property
Multi-Unit Residential Income Property

210 E Cypress Street, Charleston, MO 68834

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Four residential units include one- and two-bedroom layouts, with washer/dryer hookups on main-floor units.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Level Building Lot Available
Level Building Lot Available

325 S Spring Street, Cape Girardeau, MO 63703

Contact for pricing
0.17 AC lot

Residential land for sale in central Cape Girardeau, Missouri.

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Residential Lot Near Downtown
Residential Lot Near Downtown

215 Louis Street, Cape Girardeau, MO 63703

$32,000
0.20 AC lot

Residential lot near hospitals and downtown Cape Girardeau.

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Residential Lots in Cape Girardeau
Residential Lots in Cape Girardeau

2911 & 2913 Shadow Circle, Cape Girardeau, MO 63701

$110,000
0.29 AC lot

Residential land for duplexes in central Cape Girardeau location.

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Residential Land in Central Location
Residential Land in Central Location

2901 & 2903 Shadow Circle, Cape Girardeau, MO 63701

$110,000
0.24 AC lot

Duplex lots in quiet neighborhood near schools and hospitals.

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Off-Market Properties in Cape Girardeau, MO

Consider similar Off-Market properties in Cape Girardeau, MO. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Silver Springs Rd
Land

0 Silver Springs Rd, Cape Girardeau, MO 63701

Value Estimation by Request
4.17 AC lot
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2070 Sprigg St
Multifamily properties

2070 Sprigg St, Cape Girardeau, MO 63701

Value Estimation by Request
248,038 sqft 15.43 AC lot
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Cape Girardeau, MO Residential Income Properties Market Trends and Statistics

Explore 8 residential income properties for sale in Cape Girardeau, MO, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 23,802 square feet of properties for sale, with an estimated market value of $2,724,800.

Sale prices for residential income properties in Cape Girardeau, MO start at $425,000, averaging $681,200, and reaching up to $999,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 5
Apartment buildings 3
Duplexes 1
Quadplexes 1
Single family properties 1

Demographics Overview

Population 47K
Population Growth (5Y) +1.2%
Median Household Income $62,338
College Educated 29.0%

High-Yield Neighborhoods for Investment

Identify Cape Girardeau submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
63703 $700K
63701 $1.1M

Taxes & Financing

Tax Rate (average for all types) 5.29%
Property Tax per SF $93.92 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cape Girardeau County

New Delisted

Total CRE Inventory on Market (SF)

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