Active

Undisclosed Address

Bonne Terre, MO 63628

$2,000,000 $8,432/Mo

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Overview

Bed

Bath

3,328

Sqft

0.27

Acre(Lot)

Description

Exceptional opportunity to acquire a 24-unit rental portfolio in Bonne Terre featuring a diverse mix of properties, including one single-family home, duplexes, triplexes, and fourplexes. The portfolio is spread across several streets, including Summit St., E. Johnson St., N. Long St., and D St., providing geographic diversification within the market. Current tenants have been notified of rent increases, with most units moving to $700 per month and one unit currently renting for $850 per month, creating immediate income growth potential. Significant capital improvements have already been completed, including new roofs on all properties and newer siding throughout the portfolio. All properties have been well maintained and are in excellent condition, minimizing deferred maintenance concerns for a new owner. This turnkey investment offers stable cash flow, strong occupancy potential, and the benefit of recent updates, making it an attractive opportunity for investors seeking a well-maintained, income-producing multifamily portfolio.

Property Details

Property Type : Residential Income

Price : $2,000,000

AD Id : 83770154

MLS Id : MIS26037206

Lot Size : 0.27 Acre

Living Area Size : 3,328

Year Built : 1995

County : Saint Francois

Subdivision: Walnut Creek

Map

What's Nearby

Nearby Areas

Features

Interior Features

Roof: Architectural Shingle

Roofing Information

Architectural Shingle
Flooring Information

Construction Materials: Vinyl Siding
Heating & Cooling

Heating: Forced Air Cooling: Central Air WaterSource: Public

Building Information

Year Built: 1995

Lot Information

Lot Square Feet: 11891.88 Lot Acres: 0.273

Property Information

Property Type: Residential Income Sub Type: 2-4 Units Style: Apartment Style

Listing Price Information

Original List Price:$2000000

Tax Information

Annual Tax: $1529 Tax Year: 2025 Parcel Number: 07-60-14-01-030-0010.00

Parking Information

Off Street

School Information

Elementary School: Intermediate School Junior High School: North Co. Middle Senior High School: North Co. Sr. High
Utility Information

Water Source: Public
Location Information

Subdivision: E Johnson City: Bonne Terre

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ByOwner last updated this listing 06/17/2026 @ 06:20

MLS: MARIS2 #26037206 LISTED BY: Jared Gidney, Gidney Legacy Estates Realty, LLC 573-430-4904 SOURCE: MARIS MLS (Listings courtesy of MARIS MLS as distributed by MLS GRID)