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855 M And O Station Road, Millstadt, IL 62260

Millstadt
Local realty services provided by:CENTURY 21 Broughton Team
855 M And O Station Road,Millstadt, IL 62260
$520,000Last list price
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: judy ross
Office: southern illinois realty, llc.
MLS#:26006463
Source:MO_MARIS

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Price summary

  • Price:$520,000

About this home

Investor Opportunity – 6-Unit Apartment Building | 10% Cap Rate Turnkey multifamily investment offering a 10% cap rate in Millstadt, IL, just 15 minutes from St. Louis County. This 6-unit apartment building is 90% occupied (5 of 6 units leased), providing strong in-place income with upside through lease-up of the remaining unit. Each unit offers 2 spacious bedrooms, 1 full bath, living room, and kitchen with appliances, plus a laundry closet with washer/dryer hookups. The property includes a rear asphalt parking lot for tenant convenience. Financials available to serious Pre-Approved Buyers Only! Recent major capital improvements minimize near-term expenses, including a new roof and 6" gutters installed in 2025 and all windows replaced. Located in a quiet country setting while remaining close to employment centers, retail, and services in the St. Louis metro area, supporting stable tenant demand. An ideal acquisition for investors seeking strong cash flow, solid fundamentals, and...

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Home facts

  • Year built:1985
  • Listing ID #:26006463
  • Added:56 day(s) ago
  • Updated:April 03, 2026 at 08:48 PM

Rooms and interior

  • Kitchen Description:Range Hood, Refrigerator
  • Basement:Yes
  • Basement Description:Finished

Heating and cooling

  • Cooling:Central Air
  • Heating:Natural Gas
  • Central air:Yes

Structure and exterior

  • Year built:1985
  • Architectural Style:Apartment Style
  • Construction Materials:Vinyl Siding
  • Levels:3 Story

Schools

  • High school:Belleville High School-West
  • Middle school:BELLEVILLE DIST 118
  • Elementary school:BELLEVILLE DIST 118

Utilities

  • Water:Public

Finances and disclosures

  • Price:$520,000
  • Tax amount:$8,310 (2024)

Parking

  • Total parking spaces:6
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