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609 Themis Street, Cape Girardeau, MO, 63701

Investment Opportunity! Looking to add a value-add property to your rental portfolio? This property offers excellent income potential with the opportunity to create a 3-unit apartment building through renovations and updates. The main-level unit features 3 bedrooms and 1 bathroom and is occupied by a long-term tenant of 10+ years, currently renting for $800 per month. The upper-level unit is currently vacant and previously rented for $600 per month, offering immediate upside with minimal effort. The basement provides an exciting opportunity to create a third income-producing unit, allowing you to maximize cash flow and increase your return on investment. With the right vision and improvements, this property has the potential to become a strong-performing asset in your portfolio. Whether you're an experienced investor or looking for your next project, this property offers long-term value and tremendous upside. Don't miss this opportunity to build equity and grow your rental income!

Subdivision: City/Capegirardeau Range C

List Price

$ 98,000

Status

Active

Days on market

0

MLS#

26048397

Bedrooms

3

Full baths

2

Sq. Ft. Above

1,982

Subdivision

City/Capegirardeau Range C

School District

Cape Girardeau 63

County

Cape Girardeau

Property Type

Residential

Style

Bungalow

Type

Residential

Additional Information

Property Tax (2025)

$664

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
1528 Balfron Drive, Cape Girardeau, MO 63701 0/0 -- $115,000 $109,000
94.8% 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

Price & Listing History

Listed for sale
Aug 4, 2026 at $110,000
Price reduced by $12,000 (10.9%)
From $110,000 to $98,000
Current status: Active
As of Sep 2, 2026 · $98,000

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