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703 N Carolina Street, Louisiana, MO, 63353

Exceptional investment opportunity in the heart of Louisiana, MO! This impressive historic three-unit income-producing property is generating immediate cash flow with two units currently occupied by solid, reliable tenants with a good rental history — putting money in your pocket from day one. A third unit is vacant and move-in ready, offering the opportunity to maximize your rental income immediately upon closing. Full financial details including income, expenses, and cap rate are strong and available upon request. What makes this property especially attractive to investors is the incredibly low expense structure. Tenants pay all utilities including heat, electric, and trash, keeping landlord overhead to an absolute minimum. Clean tenant history with no evictions and no notices to quit — this is a well-managed, stable investment. The property itself is a true standout. This beautiful historic two-story home offers 3,046 square feet — one of the largest properties in the market — with 6 bedrooms and 3 full bathrooms spread across three units. Hardwood floors run throughout, and the stunning covered front porch with classic columns and iconic stone foundation give this property the kind of curb appeal that photographs beautifully and attracts quality tenants. Each unit includes a stove and refrigerator. Ideally situated in a prime location directly across the street from three area churches, this property benefits from a peaceful, established neighborhood setting that tenants love and that supports long-term occupancy stability. Sold in its present condition. All leases, pro-rated rents, and security deposits transfer to buyer at closing. Do not disturb tenants. Showings by appointment only. Strong financials available upon request — call today!

Subdivision: Original Town

List Price

$ 120,000

Status

Pending

Days on market

0

MLS#

26023166

Bedrooms

0

Full baths

0

Sq. Ft. Above

3,926

Subdivision

Original Town

Municipality

Louisiana

School District

Louisiana R-II

County

Pike

Property Type

Residential Income

Style

Traditional

Type

Residential Income

Additional Information

Property Tax (2025)

$695

Recent Nearby Sales in 63353

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
1501 Georgia Street, Louisiana, MO 63353 3/2 1,591 $189,500 $189,500
100% of ask
Aug 28, 2025
19115 Pike 9275, Louisiana, MO 63353 0/0 -- $490,000 $410,000
83.7% of ask
Apr 7, 2025
1204 N Carolina Street, Louisiana, MO 63353 4/2 2,395 $220,000 $200,000
90.9% of ask
Aug 28, 2024
0 Lot 30 River Ridge S.D., Louisiana, MO 63353 0/0 -- $25,000 $3,000
12% of ask
Aug 2, 2024
0 county rd 273, Louisiana, MO 63353 0/0 -- $1,280,000 $1,120,000
87.5% of ask
Apr 19, 2024
115 Mary's Dr., Louisiana, MO 63353 4/2 1,599 $174,900 $170,900
97.7% of ask
Apr 19, 2024

Price & Listing History

Listed for sale
Apr 16, 2026 at $139,900
Price reduced by $19,900 (14.2%)
From $139,900 to $120,000
Current status: Pending
As of Aug 24, 2026 · $120,000

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