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.
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0 Bath
0 sq.ft
$0 per sq.ft
Apartment Style
$ 1,130,000
Active Under Contract
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26034038
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La Messa Second Subdivision
Cape Girardeau 63
Cape Girardeau
Residential Income
Apartment Style
Residential Income
$4,126
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 |
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