Active

2902 Clay Street

De Soto, MO 63020
Mark as Favorite
Bed 0

Bed

Bath 0

Bath

Acres10.24

Acres(Lot)

Caesar's Country Acres is an all-age community located in De Soto, Missouri, approximately 45 miles south of St. Louis. The property includes two tax parcels situated on 10.24 peaceful acres, and features 14 income producing units: 4 cottages, 8 park-owned mobile homes, and 2 pad rentals with tenant-owned mobile homes on them. See supplements or photos for details on the beds/baths, rents, and improvements done during the sellers’ ownership. Outbuildings include a 40x30 storage barn (currently unused) with 16x8 garage door, and three storage sheds (two currently unused). Caesars Country Acres is served by a well system and a wastewater stabilization lagoon system, both of which are in good working order. The lagoon, located at the rear of the property, is a septic 3-cell treatment plant that is tested quarterly. Zoning is R-40 (see supplements for full detail). Potential value add plays could include raising lot rents, selling park-owned homes to tenants (on contract or outright) to lower operating costs, improving insurance costs, improving garage to rent as secured storage, renting the unused sheds, and updating unrenovated units / raising rent as units turn. The park-owned mobile homes are unattached and thus taxed as personal property – a savings for the buyer. Occupancy rates are very high, retention is strong, and unit turns are short. The homes are older but many are newly renovated and in good shape. Current monthly rents total $8920; there is currently one vacancy, a cottage that’s being renovated by a laborer/tenant in lieu of rent. With existing rents and a pro forma $820 for the cottage, the annual operating income is $116,880. Less operating expenses of $53,241, that’s an NOI of $63,739 – a 12.02% cap rate at asking price. De Soto is in Jefferson County, is one of the fastest growing counties in state. The city is known as “Fountain City” because of the numerous artesian wells. Union Pacific Railroad, Wal-Mart and De Soto SD are the largest employers.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $530,000

AD Id : 75563170

MLS Id : MIS26009958

Lot Size : 10.24 Acres

Year Built : 1940

County : Jefferson

Subdivision: Caesars Country Acres

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Flooring Information

    Construction Materials: Aluminum Siding, Block, Frame, Steel Siding, Vinyl Siding
  • Heating & Cooling

    Cooling: Ceiling Fan(s), Central Air WaterSource: Well

  • Building Information

    Year Built: 1940

  • Lot Information

    Lot Square Feet: 446054.4 Lot Acres: 10.24

    Property Information

    Property Type: Residential Income Sub Type: 5 Family or More Style: Low/1-2 Structure Type: House, Manufactured House

  • Listing Price Information

    Original List Price:$530000

  • Tax Information

    Tax Legal Description: PT NE1/4 SE1/4 PT IN SEC 27 CAESARS Annual Tax: $4149 Tax Year: 2025 Parcel Number: 23-8.0-28.0-0-000-019

  • Parking Information

    Driveway, Gravel, Off Street

  • School Information

    Elementary School: Athena Elem. Junior High School: Desoto Jr. High Senior High School: Desoto Sr. High
  • Utility Information

    Water Source: Well
  • Location Information

    Subdivision: Caesars Country Acres City: De Soto Direction: GPS friendly, and it's a very pleasant drive!
Sell a home like this and save $31,301 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
328 Sirius Road, De Soto, MO, 63020 $150,000 3 2 --
2712 Creon, De Soto, MO, 63020 $129,700 3 2 --
709 Eberhardt Lane, De Soto, MO, 63020 $1,749,000 3 2 7,660 7,660 SqFt
2942 Marathon Drive, De Soto, MO, 63020 $279,000 3 2 1,259 1,259 SqFt
2942 Marathon Drive, De Soto, MO, 63020 $275,500 3 2 1,259 1,259 SqFt
3548 State Road V, De Soto, MO, 63020 $159,900 2 1 720 720 SqFt
14326 Spring Drive, De Soto, MO, 63020 $219,000 3 2 1,248 1,248 SqFt
3700 State Road V, De Soto, MO, 63020 $850,000 4 3 2,698 2,698 SqFt
3589 State Route 110, De Soto, MO, 63020 $1,690,000 4 4 3,899 3,899 SqFt
5336 Morse Avenue, De Soto, MO, 63020 $195,000 3 1 392 392 SqFt
Broker Logo

Disclaimer: The information being provided courtesy of MARIS MLS as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the MARIS MLS. ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of MARIS MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 06/09/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the 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.
Properties displayed may be listed or sold by various participants in the MLS.

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 06/09/2026 @ 18:20. 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. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


DMCA Notice: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

ByOwner last updated this listing 06/09/2026 @ 18:20

MLS: MARIS2 #26009958 LISTED BY: Tammy Derrigan, Worth Clark Realty 314-222-0065 SOURCE: MARIS MLS (Listings courtesy of MARIS MLS as distributed by MLS GRID)

Selling? Save $31,301 when you sell a home like this

Tour with a ByOwner Agent