$800,000
 $4,295 est/mo Sourced by Back At You

207 S 5th Street,Louisiana, MO 63353

Louisiana, MO 63353

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Description

Exceptional investment opportunity featuring a well-maintained, 16-unit, all-brick apartment complex comprised of two-bedroom apartments, thoughtfully designed for residents (62 years of age and older). The community is centered around a serene courtyard with beautifully maintained landscaping, creating a welcoming and peaceful environment. This property operates under a multi-year Housing Assistance Payment (HAP) contract through the U.S. Department of Housing and Urban Development, making it eligible for automatic annual OCAF rent increasesproviding stable, predictable income. The complex maintains near full occupancy, with 15 of 16 units leased to long-standing residents, supporting strong and dependable cash flow. Residents enjoy clean, functional living with coin-operated laundry facilities on both the upper and lower levels. The complex offers handicap-accessible features and is conveniently located near local amenities, including coffee shops, restaurants, clinics, and retail, providing excellent walkability and everyday convenience for residents.

Details

MLS #2594641
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1978
Days On Site236
Listing Provided ByJuncture | Rachel Moses

Features

Story(s)2
Units16
Zoningother
Acreage0.36

Taxes

Property5661

Area Information

StateMO
CountyPike
CityLouisiana
Zip Code63353
Area999 Other Missouri Area
Community NameOther
Listing VS Median (in Other)
Price:
$800,000
low | high
Med:
$269,925
100% of Average
On site:
236
low | high
Med:
94.5
100% of Average
Sourced by Back At You

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Learn More About This Property

StateMO
CountyPike
CityLouisiana
Zip Code63353
Area999 Other Missouri Area
Community NameOther
Listing VS Median (in Other)
Price:
$800,000
low | high
Med:
$269,925
100% of Average
On site:
236
low | high
Med:
94.5
100% of Average
Sourced by Back At You
Listing Updated: July 25, 2026 at 2:48:10 PM PDT
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