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Mike Sharpe

640 Cepi DriveSuite 100
Chesterfield, MO 63005

111 & 121 Elm Street , Washburn, MO 65772

$767,000
  • 111 & 121 Elm Street , Washburn, MO 65772 Main Photo

42 Photos

New to the Market Active
BEDS0 BATHS MLS#60337077
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Investment opportunity featuring two quadplexes with a total of 8 units, including 2 one-bedroom units and 6 two-bedroom units. Currently 86% eased with only one vacant unit, the property offers established rental income and an opportunity to increase occupancy. Both buildings have benefited from extensive improvements over the years, including a new parking lot (2025), LVP flooring in all units (2022-2025), updated HVAC systems for 111 Unit 1 (2021) and 121 Units 1&2 (2022), replacement windows on building 121, new gutters (2021-2022), and a master key system (2021-2022). Conveniently located adjacent to the Southwest School District office, Washburn School, and Southwest High School, with Hwy 31 just 0.2 miles away and Dollar General approx. 0.5 miles away. With a functional unit mix, a history of ongoing capital improvements, and convenient access to nearby schools and amenities, this multifamily property presents an attractive opportunity for investors seeking an income-producing asset.

111 & 121 Elm Street | MLS# 60337077

This multi-family property located at 111 & 121 Elm Street , Washburn, MO 65772 is currently listed for sale with an asking price of $767,000. Search Washburn real estate on msharpe.trophypa.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central
Heating: Central, Heat Pump
Lot Size: 2.50 Acres
Stories: 2.0
Taxes: $2,909
Year Built: 1995

Feature Descriptions

Appliances: Refrigerator, Dishwasher
Body of Water: None
Parcel#: 24-8.0-27-000-000-0038.022
Parking: One Per Unit
Parking Notes: One Per Unit
Sewer: Public
Units: 8
Water: City Water

Local Schools

High School: Southwest
Middle School: Washburn
Elementary School: Southwest

Listed By / Shown

Listed By

Agency Name: Keller Williams Market Pro

Shown By

Agent Name: Mike Sharpe
Agent Phone: (573) 721-0944
Agency Title: Trophy Properties and Auction

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Estimated Payment

$ 2,173.13 per month $1,707.01 Principal & Interest $242.42 Property Tax $223.71 Homeowner's Insurance

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