207 S 5th Street, Louisiana, MO 63353
Local realty services provided by:CENTURY 21 Bailey & Co.
207 S 5th Street,Louisiana, MO 63353
$800,000
- - Beds
- - Baths
- 11,728 sq. ft.
- Multi-family
- Active
Listed by: rachel moses
Office: juncture real estate, llc.
MLS#:25083033
Source:MO_MARIS
Price summary
- Price:$800,000
- Price per sq. ft.:$68.21
About this home
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....
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Home facts
- Year built:1978
- Subdivision & Development:Thomas Apartments
- Listing ID #:25083033
- Added:255 day(s) ago
- Updated:September 13, 2026 at 03:01 PM
Rooms and interior
- Kitchen Description:Refrigerator
- Basement:Yes
- Living area:11,728 sq. ft.
Heating and cooling
- Cooling:Wall Unit(s)
- Heating:Baseboard, Electric
Structure and exterior
- Roof:Composition
- Year built:1978
- Building area:11,728 sq. ft.
- Lot area:0.37 Acres
- Architectural Style:Apartment Style
- Construction Materials:Brick, Concrete
- Levels:2 Story
Schools
- High school:Louisiana High
- Middle school:Louisiana Middle
- Elementary school:Louisiana Elem.
Utilities
- Water:Public
Finances and disclosures
- Price:$800,000
- Price per sq. ft.:$68.21
- Tax amount:$5,654 (2024)
Features and amenities
- Amenities:Open Floorplan
Parking
- Parking description:Additional Parking, Parking Lot
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