231 Good Hope Street, Cape Girardeau, MO 63703
Local realty services provided by:CENTURY 21 Premiere Realty
231 Good Hope Street,Cape Girardeau, MO 63703
$429,900
- 4 Beds
- 2 Baths
- 3,215 sq. ft.
- Single family
- Active
Listed by:
- Amber Kimbrell(573) 570 - 4686CENTURY 21 Ashland Realty
MLS#:25078287
Source:MO_MARIS
Price summary
- Price:$429,900
- Price per sq. ft.:$133.72
About this home

Own a piece of Cape Girardeau history with this beautifully preserved 1900 bungalow overlooking the Mississippi River. Sitting high on Good Hope Street in the Historic Downtown District, this property has been thoughtfully converted into two separate units, each with its own private entrance—an ideal setup for house hacking, multi-generational living, or investment.
The main-level unit, River Dusk, showcases original character at every turn—10 ft ceilings, oversized windows, glass French doors, and the beautifully maintained green-tiled fireplace with a marble hearth. The updated kitchen features granite countertops, custom deep cabinetry, stainless appliances, and a gas range. This level offers 2 bedrooms, 1 bathroom with original tile and a clawfoot tub, a walk-in pantry, laundry room, and a covered front porch with river views.
The upper-level unit, River Dawn, has its own private entrance and a bright, inviting layout with refinished Antique Hart Pine floors. This unit includes 2 bedrooms, a large bathroom with a double-sink vanity, soaking tub, and walk-in shower, a modern kitchen with island seating and stainless appliances, private laundry, and a living room with a bay window framing panoramic river and bridge views.
The property is currently operated as furnished short-term rentals, and all furnishings are included—creating a true turnkey opportunity for the next owner. At the list price of $429,900, the property produces a 7.27% cap rate, offering strong cash-flow potential in a highly desirable downtown location.
Both units share a fully fenced backyard and enjoy the walkability of Historic Downtown Cape—local shops, dining, the riverfront, and the Saturday farmers market are just a short stroll away.
Whether you’d like to live in one unit and rent the other, continue operating successful furnished rentals, or explore long-term leasing options, this property offers flexibility, historic character, and unmatched views rarely found in Cape Girardeau.
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Home facts
- Year built:1900
- Listing ID #:25078287
- Added:64 day(s) ago
- Updated:January 28, 2026 at 05:19 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:3,215 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1900
- Building area:3,215 sq. ft.
- Lot area:0.17 Acres
Schools
- High school:Central High
- Middle school:Central Jr. High
- Elementary school:Blanchard Elem.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$429,900
- Price per sq. ft.:$133.72
- Tax amount:$442 (2025)
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