Investors take note! This 24 unit apartment complex has the potential to generate $23,276 monthly or $279,312 annually. There is a one bedroom unit being used as an onsite office. This for profit HUD complex offers nice, low maintenance exterior buildings, paved parking for tenants, all in a quiet and flourishing southeast Missouri town where units stay rented! The current manager has a waiting list so vacancies that cut into profits are minimal unless maintenance to the unit requires vacancy! With an onsite manager and management company willing to stay with the purchase, sit back and let the investment pay for itself. This complex generates enough income for the buyer to recoup their investment and still draw profit! There is a rent increase approved for October 1 of this year. The following amounts are current as of date, they will go up based on the amount approved in October. The complex is comprised of the following: 8-1 bedrooms units that gross $829 each 12-2 bedroom units that gross $985 each 4-3 bedroom units that gross $1,206 each CALL TODAY!
24 Beds
24 Baths
0 sq.ft
$0 per sq.ft
Apartment Style
$ 1,700,000
Active
0
26024251
24
24
City
Doniphan R-I
Ripley
Residential
Apartment Style
Residential
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 103 Brooks Street, Doniphan, MO 63935 | 3/2 | 1,224 | $99,999 | $86,500 86.5% of ask |
Sep 3, 2026 |
| 6029 Ripley Rt V, Doniphan, MO 63935 | 3/3 | 3,067 | $440,000 | $418,000 95% of ask |
Sep 1, 2026 |
| 64 Trails End Lane, Unincorporated, MO 63935 | 3/4 | 2,801 | $400,000 | $350,000 87.5% of ask |
Sep 1, 2026 |
| 685 State Hwy 142E, Doniphan, MO 63935 | 4/3 | 2,800 | $150,000 | $140,000 93.3% of ask |
Aug 24, 2026 |
| 204 Brooks Street, Doniphan, MO 63935 | 4/4 | 1,896 | $179,000 | $185,800 103.8% of ask |
Aug 14, 2026 |
| 1092 Ripley E1-A, Doniphan, MO 63935 | 5/5 | 4,624 | $629,900 | $605,000 96% of ask |
Aug 14, 2026 |
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Discover the perfect blend of comfort, self-sufficiency, and functionality on this exceptional country property. The approx. 2,400 sq. ft. main home offers 3 bedrooms & 2 full baths, thoughtfully designed with quality features throughout. The spacious primary suite includes a luxurious 2-person Jacuzzi tub & stand-alone shower. Inside, you'll find custom wood cabinetry, stained concrete flooring, LED lighting, maintenance room, & a lighted attic with double attic entry. The home features electric heat plus a Hardy wood furnace. A Cummins 20kW whole-home generator adds security. Outdoor amenities make this property truly unique. A 30' x 32' deer & garden processing station with metal roof includes a walk-in cooler with 2 sets of deer hanging racks, harvesting kitchen for processing meats & vegetables, & stainless-steel screened entertainment area. For equipment & projects, the property includes a 30' x 40' heated & cooled shop with two 10' lean-tos, plus a 4-vehicle covered equipment shed. Additional outbuildings include a 40' x 60' pole barn w/ two 16' x 60' lean-tos, portable storage buildings, self-sufficient outhouse, & 2 additional outbuildings with fenced areas & frost-free water. The established 60' x 70' fenced garden, 12' x 16' greenhouse w/ heaters, timers & lights, & fruit tree orchard add potential for a productive homestead. A separate 592 sq. ft., 1-bedroom, 1-bath cabin with kitchen & bathroom provides excellent space for guests, family, hunting retreat, or additional living accommodations. Additional highlights include a 12' x 16' concrete gun safe/storm shelter, home security system, stainless-steel screened back patio, Hardy wood furnace, home generator, & additional storage structures. This is more than a home—it's a fully equipped country lifestyle property designed for living, working, entertaining, gardening, hunting & self-sufficiency. With extensive infrastructure, multiple buildings, productive outdoor spaces & comfortable living quarters, this property offers opportunities difficult to find in one package. Land - Discover an exceptionally rare 240 acre m/l private retreat in northwestern Ripley County, Missouri, completely surrounded by Mark Twain National Forest. This remarkable setting offers privacy, no adjoining private-land neighbors, & direct access to surrounding public land—greatly expanding recreational possibilities. Approx. 90 acres consist of beautiful, well-maintained pasture suitable for livestock grazing or hay production. Although taken out of grazing/hay production for the 2026 season, it continues to be maintained & can readily return to agricultural use. Four-strand barbed-wire fencing surrounds pasture areas, making the property well prepared for cattle/livestock. The remaining acreage is timber, creating an outstanding blend of agricultural ground, wildlife habitat & recreational land. Terrain transitions from bottomland pastures to elevated timbered bluffs exceeding 700' elevation, providing tremendous diversity. Hunters will appreciate 8 shooting houses, prepared food-plot area, nearby water sources including a spring originating off Mark Twain National Forest & flowing onto the property north of the home, & 4 ponds that attract wildlife year-round. Whitetail deer, wild turkey, coyote, fox, black bear & abundant native game can be found throughout, making it ready for the upcoming deer season. Whether your vision includes livestock production, hay farming, hunting, recreation, or establishing a secluded private retreat, this property offers an extraordinary range of possibilities. With productive pasture, diverse timber, extensive improvements, & National Forest surrounding it on every side, this is a truly distinctive Missouri landholding.
River Access, Space & Character! This well-kept 2,208 sq. ft. earth home offers 3 bedrooms and 2 bathrooms, with a spacious main bedroom, cozy fireplace, and versatile loft space ideal for a home office, hobby area, or additional living space. Enjoy relaxing or entertaining on the covered front porch that stretches the full length of the home, or take the fun outside to the large powered gazebo, which offers a great space for outdoor gatherings and can also provide additional covered parking. An attached garage adds convenience and storage, while the private river boat ramp access, puts boating, fishing, and days on the water right at your fingertips. With its unique design, generous living space, and exceptional outdoor amenities, this is a property you don't want to overlook.
Discover the perfect blend of comfort, self-sufficiency, and functionality on this exceptional country property. The approx. 2,400 sq. ft. main home offers 3 bedrooms & 2 full baths, thoughtfully designed with quality features throughout. The spacious primary suite includes a luxurious 2-person Jacuzzi tub & stand-alone shower. Inside, you'll find custom wood cabinetry, stained concrete flooring, LED lighting, maintenance room, & a lighted attic with double attic entry. The home features electric heat plus a Hardy wood furnace. A Cummins 20kW whole-home generator adds security. Outdoor amenities make this property truly unique. A 30' x 32' deer & garden processing station with metal roof includes a walk-in cooler with 2 sets of deer hanging racks, harvesting kitchen for processing meats & vegetables, & stainless-steel screened entertainment area. For equipment & projects, the property includes a 30' x 40' heated & cooled shop with two 10' lean-tos, plus a 4-vehicle covered equipment shed. Additional outbuildings include a 40' x 60' pole barn w/ two 16' x 60' lean-tos, portable storage buildings, self-sufficient outhouse, & 2 additional outbuildings with fenced areas & frost-free water. The established 60' x 70' fenced garden, 12' x 16' greenhouse w/ heaters, timers & lights, & fruit tree orchard add potential for a productive homestead. A separate 592 sq. ft., 1-bedroom, 1-bath cabin with kitchen & bathroom provides excellent space for guests, family, hunting retreat, or additional living accommodations. Additional highlights include a 12' x 16' concrete gun safe/storm shelter, home security system, stainless-steel screened back patio, Hardy wood furnace, home generator, & additional storage structures. This is more than a home—it's a fully equipped country lifestyle property designed for living, working, entertaining, gardening, hunting & self-sufficiency. With extensive infrastructure, multiple buildings, productive outdoor spaces & comfortable living quarters, this property offers opportunities difficult to find in one package. Land - Discover an exceptionally rare 240 acre m/l private retreat in northwestern Ripley County, Missouri, completely surrounded by Mark Twain National Forest. This remarkable setting offers privacy, no adjoining private-land neighbors, & direct access to surrounding public land—greatly expanding recreational possibilities. Approx. 90 acres consist of beautiful, well-maintained pasture suitable for livestock grazing or hay production. Although taken out of grazing/hay production for the 2026 season, it continues to be maintained & can readily return to agricultural use. Four-strand barbed-wire fencing surrounds pasture areas, making the property well prepared for cattle/livestock. The remaining acreage is timber, creating an outstanding blend of agricultural ground, wildlife habitat & recreational land. Terrain transitions from bottomland pastures to elevated timbered bluffs exceeding 700' elevation, providing tremendous diversity. Hunters will appreciate 8 shooting houses, prepared food-plot area, nearby water sources including a spring originating off Mark Twain National Forest & flowing onto the property north of the home, & 4 ponds that attract wildlife year-round. Whitetail deer, wild turkey, coyote, fox, black bear & abundant native game can be found throughout, making it ready for the upcoming deer season. Whether your vision includes livestock production, hay farming, hunting, recreation, or establishing a secluded private retreat, this property offers an extraordinary range of possibilities. With productive pasture, diverse timber, extensive improvements, & National Forest surrounding it on every side, this is a truly distinctive Missouri landholding.
