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119/121 Summerfield Way, Cape Girardeau, MO, 63701

Fully occupied and ready to perform! Exceptional investment opportunity in beautiful Baldwin Village, now offered at $710,000. With both sides currently leased and generating rental income, this well-maintained duplex offers immediate cash flow and strong long-term potential for investors and 1031 exchange buyers looking to add a quality asset to their portfolio. Each spacious unit features beautiful hardwood flooring, quality Beussink cabinetry, an inviting open-concept living and kitchen area, and a large laundry/mudroom complete with a utility sink, cabinetry, and excellent storage. The lower level of each unit provides additional living space with a bedroom and bathroom, along with unfinished storage and the potential to further improve or expand the finished basement area. Each side also features its own attached 2-car garage, offering a total of four garage spaces and a highly desirable amenity for tenants. Outside, each residence enjoys its own separated, fenced backyard area, providing added privacy and individual outdoor space. The property's location is another major advantage—just minutes from I-55 at the LaSalle exit with convenient access to hospitals, universities, schools, shopping, dining, and everything Cape Girardeau has to offer. With 100% occupancy, immediate rental income, quality construction, spacious units, and future value-add potential, opportunities like this are difficult to find in one of Cape Girardeau's desirable rental areas. Whether you're completing a 1031 exchange or expanding your investment portfolio, this Baldwin Village duplex offers the combination of location, income, and long-term potential investors are looking for!

Subdivision: Baldwin

List Price

$ 710,000

Status

Active

Days on market

0

MLS#

26028588

Bedrooms

0

Full baths

0

Sq. Ft. Above

5,198

Sq. Ft. Below

2,157

Subdivision

Baldwin

Municipality

Cape Girardeau

School District

Jackson R-II

County

Cape Girardeau

Property Type

Residential Income

Style

Ranch

Type

Residential Income

Additional Information

Recent Nearby Sales in 63701

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
1811 Lawanda Drive, Cape Girardeau, MO 63701 3/3 1,247 $279,900 $260,000
92.9% of ask
Sep 4, 2026
2308 Brister Hill Drive, Cape Girardeau, MO 63701 6/3 1,969 $625,000 $620,000
99.2% of ask
Sep 3, 2026
636 Whitelaw Avenue, Cape Girardeau, MO 63701 2/1 1,468 $163,900 $160,000
97.6% of ask
Sep 3, 2026
2530 Ford Drive, Cape Girardeau, MO 63701 3/2 1,520 $241,000 $230,000
95.4% of ask
Sep 2, 2026
1015 Rose Bowl Drive, Cape Girardeau, MO 63701 5/5 2,566 $995,500 $995,500
100% of ask
Sep 2, 2026
605 N Kingshighway Street, Cape Girardeau, MO 63701 0/0 -- $1,250 $1,250
100% of ask
Sep 2, 2026

Price & Listing History

Listed for sale
May 8, 2026 at $724,900
Price reduced by $14,900 (2.1%)
From $724,900 to $710,000
Current status: Active
As of Jul 28, 2026 · $710,000

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