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703 N Carolina Street

Louisiana, MO 63353
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Bed 0

Bed

Bath 0

Bath

SqFt3,926

Sqft

Acres0.21

Acre(Lot)

Exceptional investment opportunity in the heart of Louisiana, MO! This impressive historic three-unit income-producing property is generating immediate cash flow with two units currently occupied by solid, reliable tenants with a good rental history — putting money in your pocket from day one. A third unit is vacant and move-in ready, offering the opportunity to maximize your rental income immediately upon closing. Full financial details including income, expenses, and cap rate are strong and available upon request. What makes this property especially attractive to investors is the incredibly low expense structure. Tenants pay all utilities including heat, electric, and trash, keeping landlord overhead to an absolute minimum. Clean tenant history with no evictions and no notices to quit — this is a well-managed, stable investment. The property itself is a true standout. This beautiful historic two-story home offers 3,046 square feet — one of the largest properties in the market — with 6 bedrooms and 3 full bathrooms spread across three units. Hardwood floors run throughout, and the stunning covered front porch with classic columns and iconic stone foundation give this property the kind of curb appeal that photographs beautifully and attracts quality tenants. Each unit includes a stove and refrigerator. Ideally situated in a prime location directly across the street from three area churches, this property benefits from a peaceful, established neighborhood setting that tenants love and that supports long-term occupancy stability. Sold in its present condition. All leases, pro-rated rents, and security deposits transfer to buyer at closing. Do not disturb tenants. Showings by appointment only. Strong financials available upon request — call today!

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Detail Ic Property Details

Property Type : Residential Income

Price : $159,900

AD Id : 77537092

MLS Id : MIS26023166

Lot Size : 0.21 Acre

Living Area Size : 3,926

Year Built : 1860

County : Pike

Subdivision: Original Town

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Feature Features

  • Room Information

    Has Basement: Yes

    Interior Features

    Kitchen/Dining Room Combo Roof: Asphalt Appliances: Gas Cooktop, Exhaust Fan, Range, Range Hood, Refrigerator, Water Heater Laundry Features: Electric Dryer Hookup, Washer Hookup

    Roofing Information

    Asphalt
  • Flooring Information

    Flooring: Tile, Wood Construction Materials: Brick, Vinyl Siding
  • Heating & Cooling

    Heating: Natural Gas Cooling: Wall/Window Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1860
  • Exterior Features

    Entry Steps/Stairs Construction Materials: Brick, Vinyl Siding

  • Lot Information

    Lot Description: Back Yard Lot Square Feet: 9147.6 Lot Acres: 0.21

    Property Information

    Property Type: Residential Income Sub Type: 2-4 Units Style: Traditional Structure Type: House, Multi-Family

  • Listing Price Information

    Original List Price:$159900

  • Tax Information

    Annual Tax: $695 Tax Year: 2025 Parcel Number: 08-04-18-004-045-007.000

  • School Information

    Elementary School: Louisiana Elem. Junior High School: Louisiana Middle Senior High School: Louisiana High
  • Utility Information

    Electricity Available, Natural Gas Available, Sewer Connected, Water Connected Water Source: Public
  • Location Information

    Subdivision: Original Town City: Louisiana Direction: South on highway 79 to Louisiana, MO then head West on Georgia Street, South on 7th Street, property is located on the corner of 7th and North Carolina Street.
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ByOwner last updated this listing 06/24/2026 @ 18:20

MLS: MARIS2 #26023166 LISTED BY: Rachel Moses, Juncture Real Estate, LLC 816-479-4700 SOURCE: MARIS MLS (Listings courtesy of MARIS MLS as distributed by MLS GRID)

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