121 East Rodney Drive #H
Cape Girardeau, MO 63701
16-Unit Multi-Family Portfolio Near Arena Park – Must Sell Together. Strong cash-flowing portfolio located between Themis and Independence Street, walking distance to Arena Park. Total scheduled rent is $12,700/month. Tenants pay for all utilities. 100% occupancy. No delinquencies. 121 Rodney: Six (6) 2-bedroom units with in-unit washer/dryers, dishwashers, window A/C and baseboard heat. 51 Hazel: Two (2) 2-bedroom and eight (8) 1-bedroom units with coin laundry, baseboard heat; nine (9) units with window A/C, PTACs and one (1) unit with central A/C. The complex also has a large utility garage and storage room. Current rent roll, T12, and recent CapEx summary available. Opportunity for value add. 48-hour notice required for showings to qualified borrowers. Drive-by only, please do no
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: Composition Laundry Features: See RemarksRoofing Information
Composition -
Flooring Information
Flooring: Carpet, Tile, Vinyl Construction Materials: Brick Veneer -
Heating & Cooling
Heating: Baseboard, Electric, Forced Air, Varies by Unit Cooling: Central Air, Electric, Varies by Unit, Wall/Window Unit(s) WaterSource: Public
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Building Information
Year Built: 1974
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Property Information
Property Type: Residential Income Sub Type: 5 Family or More Style: Apartment Style
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Listing Price Information
Original List Price:$1170000
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Tax Information
Annual Tax: $4126 Tax Year: 2025 Parcel Number: Refer to Agent Only Comments
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Parking Information
On SiteGarage Information
Has Garage: Yes
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School Information
Elementary School: Clippard Elem. Junior High School: Central Jr. High Senior High School: Central High -
Utility Information
Electricity Connected, Sewer Connected, Underground Utilities, Water Connected Water Source: Public -
Location Information
Subdivision: La Messa Second Subdivision City: Cape Girardeau
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 173 Tate Ridge, Cape Girardeau, MO, 63701 | $1,099,000 | 4 | 4 | 3,270 | 3,270 SqFt |
| 352 Rolling Hills Drive, Cape Girardeau, MO, 63701 | $249,900 | 3 | 2 | 2,468 | 2,468 SqFt |
| 238 Marlin Street, Cape Girardeau, MO, 63701 | $134,900 | 3 | 1 | 1,040 | 1,040 SqFt |
| LOT 24 High Garden St, Cape Girardeau, MO, 63701 | $274,900 | 3 | 2 | -- | |
| 6 N High Garden, Cape Girardeau, MO, 63701 | $274,900 | 3 | 2 | 1,384 | 1,384 SqFt |
| LOT 55 High Garden St, Cape Girardeau, MO, 63701 | $274,900 | 3 | 2 | -- | |
| LOT 59 High Garden St, Cape Girardeau, MO, 63701 | $274,900 | 3 | 2 | -- | |
| 359 Hillcrest Drive, Cape Girardeau, MO, 63701 | $145,000 | 3 | 2 | 1,376 | 1,376 SqFt |
| 785 County Road 612, Cape Girardeau, MO, 63701 | $774,000 | 4 | 3 | 4,236 | 4,236 SqFt |
| 1803 N Main Street, Cape Girardeau, MO, 63701 | $105,000 | 2 | 1 | 904 | 904 SqFt |
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ByOwner last updated this listing 08/10/2026 @ 06:20
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