$1,400,000

207 S 5th Street, Louisiana, MO 63353

  • 11,728 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon0.37acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $119/sqft
  • Property List Date Icon Listed 14 hours ago

Property 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 increases—providing 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.

Listing Status:
Active
Date Added:
January 1, 2026 at 06:00AM
Listing Office:
Juncture Real Estate, LLC : 816-479-4700
MLS ID:
25083033
  • General: Custom CabinetryDining/Living Room ComboEat-in KitchenKitchen/Dining Room ComboLaminate CountersOpen FloorplanShower
  • Appliances: DryerExhaust FanElectric OvenRefrigeratorWasherWater Heater
  • Laundry: Common AreaIn HallLaundry RoomLower LevelMultiple LocationsUpper Level
  • Basement: None
  • Flooring: CarpetCombinationLaminateLinoleumLuxury VinylSimulated WoodVaries
  • A/C: Wall Unit(s)
  • Heating: BaseboardElectric
  • General: Awning(s)BalconyCourtyardGardenLightingNo Step EntryRamp EntryUncovered Courtyard
  • Style: Apartment Style
  • Other Structures: PorchFront PorchWrap AroundDeckPatioCovered
  • Parking: Additional ParkingAlley AccessConcreteDrivewayOn SiteParking Lot
  • Roofing: Composition
  • Windows: Blinds
  • General: BrickConcreteTwoBrick/MortarSlab
  • Originating MLS: maris2
  • School District: Louisiana R-II
  • County: Pike
  • Zoning: 08-04-18-004-043-001.000
  • Fencing: None
  • Utilities: Electricity AvailableElectricity ConnectedSewer AvailableSewer ConnectedWater AvailableWater ConnectedAmeren
  • Water: Public
  • Source: maris2
  • Ownership: Private

This listing courtesy of Juncture Real Estate, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Louisiana Elementary School

500 Haley Ave, Louisiana, MO, 63353

Grades PK-5

1.27 miles away

L

Louisiana Middle School

3321 Georgia St, Louisiana, MO, 63353

Grades 6-8

1.69 miles away

L

Louisiana High School

3321 Georgia St, Louisiana, MO, 63353

Grades 9-12

1.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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#25083020 - Juncture Real Estate, LLC