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200 E Otway Street, Odessa, MO 64076

Local realty services provided by:CENTURY 21 Team Elite
200 E Otway Street,Odessa, MO 64076
$1,630,000
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  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: michelle lutz
Office: lutz sales + investments
MLS#:2578809
Source:MOKS_HL

Price summary

  • Price:$1,630,000

About this home

The Odessa Rental Portfolio presents a rare opportunity to acquire a diversified 21-unit multifamily package in the heart of Odessa, Missouri. Comprised of a duplex, fourplex, 7-plex, and 8-plex constructed between 1906 and 1984, the portfolio delivers strong diversification across studios, one-, two-, and three-bedroom layouts. All properties are well-maintained, fully leased, and offer on-site parking, providing both stability and tenant convenience. Perfect for local or out of state investors, this one is easy to own and cash flow. Operations are streamlined through a utility recovery system, with select units sub-metered for electric and common water/gas expenses recaptured via tenant billing fees. The portfolio benefits from a long history of strong occupancy and diligent management, underscoring its proven track record of performance. With consistent cash flow already in place, the investment offers both immediate income and operational efficiency. Positioned near

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Home facts

  • Year built:1984
  • Listing ID #:2578809
  • Added:58 day(s) ago
  • Updated:December 11, 2025 at 04:33 PM

Heating and cooling

  • Cooling:Electric
  • Heating:Natural Gas

Structure and exterior

  • Roof:Composition
  • Year built:1984

Utilities

  • Water:City/Public - Verify
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,630,000
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