$800,000
 $4,295 est/mo Sourced by Back At You

207 S 5th Street,Louisiana, MO 63353

Louisiana, MO 63353

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Description

Exceptional investment opportunity featuring a well-maintained, 16-unit, all-brick apartment complex comprised of two-bedroom apartments, thoughtfully designed for residents (62 years of age and older). The community is centered around a serene courtyard with beautifully maintained landscaping, creating a welcoming and peaceful environment. This property operates under a multi-year Housing Assistance Payment (HAP) contract through the U.S. Department of Housing and Urban Development, making it eligible for automatic annual OCAF rent increases-providing stable, predictable income. The complex maintains near full occupancy, with 15 of 16 units leased to long-standing residents, supporting strong and dependable cash flow. Residents enjoy clean, functional living with coin-operated laundry facilities on both the upper and lower levels. The complex offers handicap-accessible features and is conveniently located near local amenities, including coffee shops, restaurants, clinics, and retail, providing excellent walkability and everyday convenience for residents.

Details

MLS #25083033
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1978
Days On Site299
Listing Provided ByJuncture Real Estate, LLC | Rachel Moses

Features

SQ Feet11,728
Story(s)2
Units16
Building(s)1
Acreage0.37

Interior

CoolingWall Unit(s)
HeatingBaseboard, Electric
Interior FeaturesCustom Cabinetry, Dining/Living Room Combo, Eat-in Kitchen, Kitchen/Dining Room Combo, Laminate Counters, Open Floorplan, Shower
Window FeaturesBlinds
AppliancesDryer, Exhaust Fan, Electric Oven, Refrigerator, Washer, Water Heater

Exterior

RoofComposition
Construction MaterialsBrick, Concrete
Lot FeaturesBack Yard, Garden, Landscaped, Level
FencingNone

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo
Parking FeaturesAdditional Parking, Alley Access, Concrete, Driveway, On Site, Parking Lot

Location

Community FeaturesSidewalks, Street Lights
Senior Community Yes / NoYes

Utilities

UtilitiesElectricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
ElectricAmeren

Taxes

Property5654

Area Information

StateMO
CountyPike
CityLouisiana
Zip Code63353
AreaPike R 2
Community NameThomas Apartments
School DistrictLouisiana High
Elementary SchoolLouisiana Elem.
High SchoolLouisiana High
Listing VS Median (in Thomas Apartments)
Price:
$800,000
low | high
Med:
$900,000
37.5% of Average
sqft:
11,728
low | high
Med:
12,574
42.786493860846% of Average
$ / sqft:
$68
low | high
Med:
$71
45.380029806259% of Average
On site:
299
low | high
Med:
299
100% of Average
Sourced by Back At You

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 Listings courtesy of Maris MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of October 26, 2026 at 9:42:28 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMO
CountyPike
CityLouisiana
Zip Code63353
AreaPike R 2
Community NameThomas Apartments
School DistrictLouisiana High
Elementary SchoolLouisiana Elem.
High SchoolLouisiana High
Listing VS Median (in Thomas Apartments)
Price:
$800,000
low | high
Med:
$900,000
37.5% of Average
sqft:
11,728
low | high
Med:
12,574
42.786493860846% of Average
$ / sqft:
$68
low | high
Med:
$71
45.380029806259% of Average
On site:
299
low | high
Med:
299
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $600K - $1M
sqft: 8,500 - 14,500
Nearby Listings Property ImageNearby Listings Details
207 S Main Street Property Photo 1
$1,000,000
207 S Main Street
Louisiana, MO 63353
Listing Updated: October 19, 2026 at 3:15:00 PM PDT
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