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• 3,328 sqft

Property Description

Exceptional opportunity to acquire a 24-unit rental portfolio in Bonne Terre featuring a diverse mix of properties, including one single-family home, duplexes, triplexes, and fourplexes. The portfolio is spread across several streets, including Summit St., E. Johnson St., N. Long St., and D St., providing geographic diversification within the market. Current tenants have been notified of rent increases, with most units moving to $700 per month and one unit currently renting for $850 per month, creating immediate income growth potential. Significant capital improvements have already been completed, including new roofs on all properties and newer siding throughout the portfolio. All properties have been well maintained and are in excellent condition, minimizing deferred maintenance concerns for a new owner. This turnkey investment offers stable cash flow, strong occupancy potential, and the benefit of recent updates, making it an attractive opportunity for investors seeking a well-maintained, income-producing multifamily portfolio.

Listing Status:

Active

Date Added:

June 12, 2026

Data Last Updated:

June 26, 2026 at 7:16AM

Listing Office:

Gidney Legacy Estates Realty, LLC : 573-430-4904

MLS ID:

26037206

Interior

• A/C: Central Air
• Heating: Forced Air

Exterior

• Style: Apartment Style
• Parking: Off Street

Construction

• Roofing: Architectural Shingle
• General: Vinyl SidingApartment Style

Location

• Originating MLS: maris2
• School District: North St. Francois Co. R-I
• County: St. Francois

Lot

• Zoning: 07-60-14-01-030-0010.00

Utilities

• Water: Public

Financial

• Source: maris2