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$375,000   Price Analysis
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206 Valley Pl
De Soto, MO 63020
Unknown bed None bath unknown SqFt ($0/SqFt)
0.43 acre lot. Built 1970
Listed 2024-04-24, Taxes $1,683
USDA Eligible
near De Soto, MO
 

All units are occupied

* No Longer For Sale *
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Please do not disturb the tenants. All units can be viewed with an accepted sales contract. You don't want to miss this fantastic turnkey investment. This 7-unit property has 4 units that are 1 bed/1 bath with rent is $550 a month and the addition 3 units are 1 bed with a bonus room (no window) to make another sleeping area with rent between $650 to $700 a month.

Each unit is equipped with an AC, furnace, hot water heater fridge and stove. All rental property verificatio n has been uploaded along with 2023 PandL. Pictures uploded are from the 2 bedroom that is now currently rented.


Presented by Cheryl Mcclain at
Realty Executives Five Star.
Listing Agent Photo

Property MLS #24020190 from MARIS

Cooling Features: Wall Unit(s)
Heating Features: Forced Air
Heating Fuel: Gas
Water Heaters: Gas

Furnished Description: Building & Land

Lot Size Acres: 0.433
Lot Size Dimensions: 0x0
Lot Size Source: County Records
Lot Size Square Feet: 18861

Parking Features: 2+ Space/Unit

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Vineland Elem.
High School: Desoto Sr. High
Middle School: Desoto Jr. High
School District: Desoto 73

Desoto Sr. High School is a public high school located approximately 1.3 miles away.
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St Rose Of Lima School is a private elementary and middle school located approximately 1 miles away.
directions icon Map directions

Desoto Jr. High School is a public middle school located approximately 1.3 miles away.
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Vineland Elementary School is a public elementary school located approximately 1.7 miles away.
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Gross Income: 50998.00
Tenant Pays: Electric, Gas

Number of Units: 7

Annual Tax Amount: 1682
Source Listing Status: Closed
County: Jefferson
Directions: Hwy 110 to De Soto Main St. S on Main to R on Valley place to property on L.
Tax Year: 2023
Ownership: Private
Source Property Type: Multi-Family 5+
Area: Desoto
Property Location: Corner Location
Property Subtype: Apartment Complex
Lot Number: 75x185
Source System Name: C2C
Coming Soon Date: 2024-04-25

YearAssessments
Building + Land
Total
Tax
2022$24,800 + $1,500
$26,300
$1,683
2021$24,800 + $1,500
$26,300
$1,680
2020$24,800 + $1,200
$26,000
$1,694
2019$24,800 + $1,200
$26,000
$1,692
2018$24,800 + $1,200
$26,000
$1,649
2017$24,800 + $1,200
$26,000
$1,644
2016$24,800 + $1,400
$26,200
$1,687
2015$24,800 + $1,400
$26,200
$1,676
2014$23,500 + $1,400
$24,900
$1,614
2013$23,500 + $1,400
$24,900
$1,604
2012$23,500 + $1,400
$24,900
$1,552
2011$unknown + $unknown
$24,900
$1,549
2010$unknown + $unknown
$24,900
$1,537
2009$unknown + $unknown
$24,900
$1,536
2007$unknown + $unknown
$24,900
$1,490
2006$unknown + $unknown
$23,800
$1,462

Listed 2024-05-28
$375,000
MARIS
Sold 2024-05-27
$0
MARIS
Listed 2024-04-24
$375,000
MARIS
Sold 2021-11-17
$0
MARIS
Price Changed 2021-09-10
$330,000
MARIS
Listed 2021-07-14
$365,000
MARIS
Listing removed 2021-04-30
$400,000
MARIS
Listed 2021-03-15
$400,000
MARIS
Sold 2019-10-30
$0
MARIS
Listing removed 2019-01-30
$229,900
MARIS
Listed 2018-10-20
$224,900
MARIS
Listing removed 2018-08-01
$229,900
MARIS
Listed 2017-10-16
$229,900
MARIS
Listing removed 2008-02-08
$295,000
MARIS
Listed 2008-02-04
$295,000
MARIS
Listing removed 2004-10-17
$189,000
MARIS
Listing removed 2004-10-14
$375
MARIS
Sold 2004-01-06
$0
MARIS
Listed 2003-05-02
$189,000
MARIS
Listed 2003-04-16
$189,000
MARIS
Listed for rent 2000-04-05
$375
MARIS
Sold 2000-03-24
$0
Public Record

Net Operating Income: 28660.59

Sewer: Public
Water Source: Public

Construction Materials: Brick Veneer Predom
Property Age: 54

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.