Cape Girardeau, MO Residential Income Properties for Sale

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Updated: Aug 7

Nine-Unit Apartment Building

239 N Middle Street, Cape Girardeau, MO 63701

$549,900

5,943 sqft 0.20 AC lot

Nine apartment units with varied layouts
5,943 square feet on a 0.2‑acre parcel
Brick construction completed in 1904
Unit mix includes a studio, one-, two-, and three‑bedroom layouts
Two‑bedroom, two‑bath unit includes a bonus room

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Updated: May 17

Historic Multifamily Property

325 N Sprigg Street, Cape Girardeau, MO 63701

$425,000

6,027 sqft 0.66 AC lot

6,027‑square‑foot multifamily property on 0.657 acres
1915 construction with Neoclassical Revival architecture and 13‑inch brick walls
Detached carriage house with 6 rooms and 2 bathrooms
Original hardwood floors, pocket doors, built‑ins, butler pantry, and historic millwork
Two‑story portico, grand staircase, maid’s quarters, and fireplace

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Brick Triplex

26 N Pacific Street, Cape Girardeau, MO 63701

$425,000

4,236 sqft 0.50 AC lot

Three-family property with substantial bedroom capacity, central air conditioning, and public water service.

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See what stands out in Cape Girardeau County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Local Demand available after sign in

Duplex with Additional Lots

604 Jefferson Ave, Cape Girardeau, MO 63703

$127,000

3,456 sqft

Two connected living sections currently operate as one residence, with seven bedrooms and four bathrooms.

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Vacant Duplex with Central Air

132 S Benton Street, Cape Girardeau, MO 63703

$115,000

1,335 sqft 0.20 AC lot

Two vacant units offer forced-air heating and central air conditioning on a residential income property.

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Duplex Property with Additional Lots

604 Jefferson Avenue, Cape Girardeau, MO 63703

$127,000

3,456 sqft 0.10 AC lot

Two-sided layout offers flexibility for continued single-residence use or conversion back to separate units.

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Brick Duplex with Seven Bedrooms

820 Merriwether Street, Cape Girardeau, MO 63703

$220,000

2,858 sqft 0.20 AC lot

Two-unit residential property with one vacant floor and an upper-level short-term rental.

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All-Brick Duplex

709 Ellis, Cape Girardeau, MO 63703

$79,900

1,877 sqft

Two rental units offer a straightforward residential income configuration.

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Updated Duplex

3-5 Henderson, Cape Girardeau, MO 63701

$244,900

2,016 sqft 0.26 AC lot

Two updated residential units with separate living areas and access to parking.

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Apartment Property Package

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

$700,000

0.17 AC lot

Three-address offering combines nine multifamily units with a separately occupied property on South Sprigg Street.

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Fully Rented Two-Unit Duplex

730/732 N Sunset Blvd, Cape Girardeau, MO 63701

$249,900

1,911 sqft

Both residences are occupied near Mercy Hospital, Capaha Park, and Southeast Missouri State University.

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Brick Four-Unit Apartment Building

737/739 Themis Street, Cape Girardeau, MO 63701

$250,000

3,552 sqft 0.10 AC lot

Four-unit brick apartment property with a mix of one-bedroom and two-bedroom residences plus updated HVAC systems.

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Mixed-Use Building with Apartment

520 Broadway Street, Cape Girardeau, MO 63701

$280,000

0.05 AC lot

Remodeled upstairs one-bedroom apartment complements a street-level commercial space with Broadway frontage.

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Newly Built Duplex with Modern Finishes

34/38 Benton Hill Road, Cape Girardeau, MO 63755

Contact for pricing

2,532 sqft

Two-unit layout offers open-plan interiors, contemporary fixtures, and a brick-front exterior.

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Brick Apartment Building

239 N Middle Street, Cape Girardeau, MO 63701

$599,900

5,943 sqft 0.23 AC lot

Brick multifamily property with a private parking lot and a mix of apartment layouts.

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Three-Unit Mixed-Use Property

401 S West End Boulevard, Cape Girardeau, MO 63703

$299,000

0.15 AC lot

Brick construction combines residential and commercial occupancy with multiple lease arrangements.

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Brick 4-Unit Apartment Building

737/739 Themis St, Cape Girardeau, MO 63701

$250,000

3,552 sqft

Four apartments include updated upper-level units and a varied one- and two-bedroom layout.

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Townhome-Style Apartment Building

2020 Walden Blvd, Cape Girardeau, MO 63701

$1,080,000

Multifamily residences feature private entrances, attached garages, contemporary finishes, and access to shared community amenities.

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Multifamily Townhome Property

2035 Walden Pond Way, Cape Girardeau, MO 63701

$865,000

Townhome residences feature private entrances, modern finishes, attached garages, and access to shared recreational amenities.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Cape Girardeau, MO, we suggest to view alternatives - similar 2 Off-Market properties to explore as potential leads.

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.

Land

0 Silver Springs Rd, Cape Girardeau, MO 63701

Estimated value:

by Request

4.17 AC lot

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Multifamily properties

2070 Sprigg St, Cape Girardeau, MO 63701

Estimated value:

by Request

248,038 sqft 15.43 AC lot

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Cape Girardeau, MO Residential Income Properties Market Trends and Statistics

Explore 21 residential income properties for sale in Cape Girardeau, MO, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 48,694 square feet of properties for sale, with an estimated market value of $6,887,500.

Sale prices for residential income properties in Cape Girardeau, MO start at $79,900, averaging $382,638, and reaching up to $1,080,000 — 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

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	$238.3K
63701	$505.5K

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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