$1,600,000

207 S Main Street, Louisiana, MO 63353

  • 13,420 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $119/sqft
  • Property List Date Icon Listed 16 hours ago

Property Description

Beautiful 20-Unit All-Brick Apartment Complex Overlooking Courtyard & River Views Exceptional investment opportunity featuring a well-maintained, 20-unit, all-brick apartment complex overlooking a serene green-space courtyard and the majestic Mississippi River. 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. Residents enjoy clean, functional living with coin-operated laundry facilities on both the upper and lower levels. The property is located within walking distance of local restaurants, clinics, shops, and other amenities, offering excellent convenience for tenants. This subsidized housing community serves residents age 62 and older, as well as disabled individuals, and is home to many long-term, loyal tenants—reflecting the property’s strong reputation and consistent demand. A rare chance to acquire a reliable, income-producing asset with built-in rent growth and a highly stable tenant base.

Listing Status:
Active
Date Added:
January 1, 2026 at 06:00AM
Listing Office:
Juncture Real Estate, LLC : 816-479-4700
MLS ID:
25083020
  • General: Dining/Living Room ComboEat-in KitchenLaminate CountersOpen Floorplan
  • Appliances: Electric CooktopDryerExhaust FanElectric OvenRefrigeratorWasherWater Heater
  • Laundry: 2nd FloorCommon AreaIn HallLaundry RoomLower LevelMain LevelMultiple Locations
  • Flooring: CarpetCombinationLaminateLinoleumLuxury Vinyl
  • A/C: Wall Unit(s)Wall/Window Unit(s)Window Unit(s)
  • Heating: BaseboardElectric
  • General: BalconyCourtyardEntry Steps/StairsGardenLightingRamp EntryUncovered Courtyard
  • Style: Apartment Style
  • Other Structures: Wrap AroundDeckPatioCovered
  • Parking: Additional ParkingConcreteOn SiteParking Lot
  • Roofing: Composition
  • Windows: Blinds
  • General: BrickTwoBrick/MortarSlab
  • Road/Access: City Street
  • HOA Amenities: ParkSidewalksStreet Lights
  • Originating MLS: maris2
  • School District: Louisiana R-II
  • County: Pike
  • Zoning: 8' S END LOT 98 & ALL 99 & 100 BLK 16 ORIG PLAT TR 114 X 12808-04-18-004-040-003.000
  • Utilities: Electricity AvailableSewer AvailableWater AvailableAmeren
  • 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 $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

L

Louisiana Elementary School

500 Haley Ave, Louisiana, MO, 63353

Grades PK-5

1.44 miles away

L

Louisiana Middle School

3321 Georgia St, Louisiana, MO, 63353

Grades 6-8

1.86 miles away

L

Louisiana High School

3321 Georgia St, Louisiana, MO, 63353

Grades 9-12

1.86 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.

Similar Listing