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$425,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
21 Larue St
Reeds Spring, MO 65737
Unknown bed None bath 5,265 SqFt ($80/SqFt)
0.5 acre lot. Built 1962
Listed 2023-12-12, Taxes $1,641
USDA Eligible
near Reeds Spring, MO
 Restrictions may apply
due to home size

Property Details

Here's your opportunity to get started investing in multifamily at a fantastic price! Expand your portfolio with this 13 unit apartment complex with many of the units having undergone a fresh remodel!

There is also potential to add two more units to the property to pump up that cashflow!!! Seller has done recent renovations including a new rof, exterior paint, security system and some plumbing upgrades in addition to updating several of the individual units.


Presented by Daniel Fortin at
EXP Realty, LLC.
Listing Agent Photo

Property MLS #60257955 from SOMO

Cooling Features: Window Unit(s)

Lot Size Acres: 0.5
Lot Size Square Feet: 21780

Parking Features: Paved Area
Parking Total: 2

Elementary School: Reeds Spring
High School: Reeds Spring
Middle School: Reeds Spring

Reeds Spring Middle School is a public middle school located approximately 1.3 miles away.
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Reeds Spring Intermediate School is a public elementary school located approximately 1.6 miles away.
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Reeds Spring High School is a public high school located approximately 2.1 miles away.
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Living Word Academy is a private elementary, middle and high school located approximately 4.2 miles away.
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Existing Lease Type: Monthly

Number of Units: 13
Number of Studio Units: 7
Number of 1 Bedroom Units: 5
Number of 2 Bedroom Units: 1

Annual Tax Amount: 1512.37
Source Listing Status: Active
County: Stone
Directions: Hwy 13 to Hwy 248, left on Hwy 413, property will be on your right.
Tax Year: 2022
Source Property Type: MultiFamily
Parcel Number: 08-7.0-26-001-005-016.000
Property Subtype: Apartment Building
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$31,090
$1,641
2021$unknown + $unknown
$31,090
$1,659
2020$unknown + $unknown
$31,090
$1,477
2019$unknown + $unknown
$31,090
$1,469
2018$unknown + $unknown
$31,090
$1,467
2017$unknown + $unknown
$31,090
$1,469
2016$unknown + $unknown
$31,090
$1,432
2014$unknown + $unknown
$31,090
$1,427
2013$unknown + $unknown
$31,410
$1,428
2011$unknown + $unknown
$31,410
$1,431
2010$unknown + $unknown
$31,410
$1,431
2009$unknown + $unknown
$31,410
$1,430

Price Changed 2024-05-08
$425,000
SOMO
Price Changed 2024-04-15
$450,000
SOMO
Price Changed 2024-03-29
$465,000
SOMO
Price Changed 2024-03-09
$468,000
SOMO
Price Changed 2024-02-02
$469,000
SOMO
Price Changed 2024-01-02
$489,000
SOMO
Listed 2023-12-12
$499,000
SOMO
Sold 2022-05-12
$0
Public Record

Total Square Feet Living: 5265
Year Built: 1962
Property Age: 62

Sewer: City Sewer
Water Source: City Water
Click Thumbnail Images To View Full Size
garageroad_viewunknownunknownbathroom
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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.