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121 East Rodney Drive, H, Cape Girardeau, MO, 63701

16-Unit Multi-Family Portfolio Near Arena Park – Must Sell Together. Strong cash-flowing portfolio located between Themis and Independence Street, walking distance to Arena Park. Total scheduled rent is $12,700/month. Tenants pay for all utilities. 100% occupancy. No delinquencies. 121 Rodney: Six (6) 2-bedroom units with in-unit washer/dryers, dishwashers, window A/C and baseboard heat. 51 Hazel: Two (2) 2-bedroom and eight (8) 1-bedroom units with coin laundry, baseboard heat; nine (9) units with window A/C, PTACs and one (1) unit with central A/C. The complex also has a large utility garage and storage room. Current rent roll, T12, and recent CapEx summary available. Opportunity for value add. 48-hour notice required for showings to qualified borrowers. Drive-by only, please do not disturb tenants. Broker Owned.

Subdivision: La Messa Second Subdivision

List Price

$ 1,130,000

Status

Active Under Contract

Days on market

0

MLS#

26034038

Bedrooms

0

Full baths

0

Subdivision

La Messa Second Subdivision

School District

Cape Girardeau 63

County

Cape Girardeau

Property Type

Residential Income

Style

Apartment Style

Type

Residential Income

Additional Information

Property Tax (2025)

$4,126

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
Jun 6, 2026 at $1,170,000
Price reduced by $40,000 (3.4%)
From $1,170,000 to $1,130,000
Current status: Active Under Contract
As of Aug 22, 2026 · $1,130,000

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