207 S 5th Street
Louisiana, MO 63353
0
Bed
0
Bath
11,728Sqft
0.37Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Custom Cabinetry, Dining/Living Room Combo, Eat-in Kitchen, Kitchen/Dining Room Combo, Laminate Counters, Open Floorplan, Shower Roof: Composition Appliances: Dryer, Exhaust Fan, Electric Oven, Refrigerator, Washer, Water Heater Laundry Features: Common Area, In Hall, Laundry Room, Lower Level, Multiple Locations, Upper LevelRoofing Information
Composition -
Flooring Information
Flooring: Carpet, Combination, Laminate, Linoleum, Luxury Vinyl, Simulated Wood, Varies Construction Materials: Brick, Concrete -
Heating & Cooling
Heating: Baseboard, Electric Cooling: Wall Unit(s) WaterSource: Public
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Building Information
Year Built: 1978 -
Exterior Features
Awning(s), Balcony, Courtyard, Garden, Lighting, No Step Entry, Ramp Entry, Uncovered Courtyard Construction Materials: Brick, Concrete Foundation Details: Brick/Mortar, Slab
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Lot Information
Lot Description: Back Yard, Garden, Landscaped, Level Lot Square Feet: 16073.64 Lot Acres: 0.369Property Information
Property Type: Residential Income Sub Type: 5 Family or More Style: Apartment Style Structure Type: Apartment Building
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Listing Price Information
Original List Price:$1400000
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Tax Information
Annual Tax: $5654 Tax Year: 2024 Parcel Number: 08-04-18-004-043-001.000
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Parking Information
Additional Parking, Alley Access, Concrete, Driveway, On Site, Parking Lot
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School Information
Elementary School: Louisiana Elem. Junior High School: Louisiana Middle Senior High School: Louisiana High -
Utility Information
Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected Water Source: Public -
Location Information
Subdivision: Thomas Apartments City: Louisiana Direction: South on highway 79, West on South Carolina street, and then go South on South 5th street. The apartment complex is located on the corner of South Carolina Street and South 5th Street at 207 South 5th Street, Louisiana, MO 63353.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 24606 Pike 248, Louisiana, MO, 63353 | $1,375,000 | 3 | 4 | 2,059 | 2,059 SqFt |
| 207 S Main Street, Louisiana, MO, 63353 | $1,300,000 | -- | -- | 13,420 | 13,420 SqFt |
| 403 N Main Street, Louisiana, MO, 63353 | $450,000 | 6 | 5 | 3,682 | 3,682 SqFt |
| 320 N Main Street, Louisiana, MO, 63353 | $459,000 | 5 | 4 | 4,964 | 4,964 SqFt |
| 202 N 3rd Street, Louisiana, MO, 63353 | $250,000 | 3 | 2 | 3,006 | 3,006 SqFt |
| 405 N 3rd Street, Louisiana, MO, 63353 | $799,000 | 5 | 5 | 5,140 | 5,140 SqFt |
| 113 N 8th Street, Louisiana, MO, 63353 | $169,900 | 3 | 2 | 2,111 | 2,111 SqFt |
| 906 Georgia Street, Louisiana, MO, 63353 | $204,900 | 4 | 2 | 2,200 | 2,200 SqFt |
| 515 N 7th Street, Louisiana, MO, 63353 | $15,000 | 1 | 1 | 1,400 | 1,400 SqFt |
| 1101 S Carolina Street, Louisiana, MO, 63353 | $29,900 | 3 | 2 | 2,438 | 2,438 SqFt |
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ByOwner last updated this listing 06/23/2026 @ 06:20
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