586 St Marys Street #566-651, Pilot Knob, MO 63663

Local realty services provided by:CENTURY 21 Premiere Realty
586 St Marys Street #566-651,Pilot Knob, MO 63663
$2,750,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jeffrey s vroman
Office: valley real estate
MLS#:26043543
Source:MO_MARIS

Price summary

  • Price:$2,750,000

About this home

50 UNIT APARTMENT COMPLEX IN ARCADIA VALLEY Rare opportunity to acquire a 50-unit multifamily portfolio in Arcadia Valley, Missouri one of Southeast Missouri's’ steadily growing rental markets. The offering includes 50 residential units and 1 Laundry unit in 19 buildings on 10 acres. 30-1 bedroom, 1 bath units 7-2 bedroom, 1 bath units 12-2 bedroom, 2 bath units 1-3 bedroom, 2 bath unit 1- Laundry with rehab potential for income producing amenity Property is located in Pilot Knob, Missouri in Iron County about 80 miles south of St Louis, and 17 miles south of Farmington. Apartments are on Hwy 21 near Hospital, Post office, stores and restaurants. Currently 96% occupied with an 8% Cap rate. $2,750,000

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Home facts

  • Year built:1986
  • Listing ID #:26043543
  • Added:19 day(s) ago
  • Updated:July 28, 2026 at 03:52 PM

Heating and cooling

  • Cooling:Central Air, Wall Unit(s), Window Unit(s)
  • Central air:Yes

Structure and exterior

  • Year built:1986
  • Lot area:10 Acres
  • Architectural Style:Apartment Style, Ranch
  • Construction Materials:Frame

Schools

  • High school:Arcadia Valley High
  • Middle school:Arcadia Valley Middle
  • Elementary school:Arcadia Valley Elem.

Finances and disclosures

  • Price:$2,750,000
  • Tax amount:$15,827 (2025)
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