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586 4th St 17 Unit Apartment Building $899,900 ($52,935/Unit) 9.23% Cap Rate Qulin, MO 63961
Executive Summary
Income-producing opportunity in Qulin, MO! This well-maintained portfolio features 17 units across solid brick buildings, generating over $100,000 annually. The property includes a coin-operated laundry facility adding an additional $200–$300 in monthly income. Recent updates include new roofs, soffits, and gutters, providing peace of mind for years to come. With strong cash flow and consistent upkeep, this is an excellent addition to any investor’s portfolio. No Sign On Property, Do NOT Disturb.
Property Facts
| Price | $899,900 | Property Subtype | Apartment |
| Price Per Unit | $52,935 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.90 AC |
| Cap Rate | 9.23% | Building Size | 9,968 SF |
| No. Units | 17 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1982 |
| Price | $899,900 |
| Price Per Unit | $52,935 |
| Sale Type | Investment |
| Cap Rate | 9.23% |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.90 AC |
| Building Size | 9,968 SF |
| No. Stories | 1 |
| Year Built | 1982 |
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Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 109-19-07-36-0-001-008-002-010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,840 |
Property Taxes
Parcel Number
109-19-07-36-0-001-008-002-010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,840
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586 4th St