220 W Chestnut Street, Houston, MO 65483
Steffens · Texas County
Key Facts
Description
Turnkey investment opportunity with strong income-producing potential! This meticulously maintained 6-unit multifamily property features five spacious 1-bedroom, 1-bath units and one desirable 2-bedroom, 2-bath unit, offering a diverse rental mix to maximize occupancy and cash flow. Each unit includes a private entrance, walk-in closets, and central heat and air, providing attractive amenities for tenants.Additional features include on-site coin-operated laundry for supplemental income, a storm shelter, and designated parking for each unit. Located within walking distance of schools, parks, and downtown amenities, this property benefits from a highly convenient location that supports consistent rental demand. Whether you're expanding your portfolio or seeking a stable, income-generating asset, this well-kept multifamily complex is a rare opportunity to acquire a proven investment in a desirable market.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
2000
Living Area
4,750 sq ft
Lot Size
0.28 acres
Zoning
City of Houston
MLS® Listing#
60326728
Property Features
Appliances
Cooling
Heating
Flooring
Construction
Roof
Utilities
Sewer
Water Source
Schools
- Elementary:
- Houston
- Middle:
- Houston
- High:
- Houston
Financial Details
Annual Taxes
$1,944
Tax year 2023
Parcel Number
20-0.3-07-001-018-002
Directions
From Houston, Hwy 63 to First St to left on Chestnut St to apartment building on the left at the corner of Chestnut and Broadway.
Affordability Calculator
$69,980
Estimated monthly payment
$1,862/mo
Principal $279,920 · Est. interest $390,513 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Houston, MO
- $250,000
- Median Listing Price
- 83
- Median Days on Market
- 2,028
- Median Sq Ft
- $111
- Median Price / Sq Ft
- 42
- Active Listings
- This home’s price is 40% above the area median.
- Its price per sq ft is 34% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Houston, MO.
Location
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Points of Interest in Houston, MO
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 625/627 W Hawthorne Street, Houston, MO | $299,000 | 6 | 4 | 3,102 |
Moving Cost Estimate
EXIT Agents in Houston
Listing Courtesy: EXP Realty LLC - 8662241761
Presented by: Rob & Stacey Real Estate