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855 M And O Station Road, Millstadt, IL 62260

Local realty services provided by:CENTURY 21 CopperKey Realty
855 M And O Station Road,Millstadt, IL 62260
$520,000
  • - Beds
  • - Baths
  • 3,600 sq. ft.
  • Multi-family
  • Active
Listed by: judy ross
Office: southern illinois realty, llc.
MLS#:26006463
Source:MO_MARIS

Price summary

  • Price:$520,000
  • Price per sq. ft.:$144.44

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:1 day(s) ago
  • Updated:February 06, 2026 at 06:48 PM

Rooms and interior

  • Living area:3,600 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Natural Gas

Structure and exterior

  • Year built:1985
  • Building area:3,600 sq. ft.
  • Lot area:0.28 Acres

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
  • Price per sq. ft.:$144.44
  • Tax amount:$8,310 (2024)
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