Active MLS# 26024251

1020 E Washington, Doniphan, MO 63935

Subdivision: City

List Price: $1,700,000

24

Bedrooms

24

Baths

17,028

Area (sq.ft)

$100

Cost/sq.ft

1 Story

Type

180

Days on Market

Call Agent

Description

Investors take note! This 24 unit apartment complex has the potential to generate $23,276 monthly or $279,312 annually. There is a one bedroom unit being used as an onsite office. This for profit HUD complex offers nice, low maintenance exterior buildings, paved parking for tenants, all in a quiet and flourishing southeast Missouri town where units stay rented! The current manager has a waiting list so vacancies that cut into profits are minimal unless maintenance to the unit requires vacancy! With an onsite manager and management company willing to stay with the purchase, sit back and let the investment pay for itself. This complex generates enough income for the buyer to recoup their investment and still draw profit! There is a rent increase approved for October 1 of this year. The following amounts are current as of date, they will go up based on the amount approved in October. The complex is comprised of the following: 8-1 bedrooms units that gross $829 each 12-2 bedroom units that gross $985 each 4-3 bedroom units that gross $1,206 each CALL TODAY!

Property Information

List Price $ 1,700,000

Original Price $ 1,700,000

Status Active

MLS# 26024251

Bedrooms 24

Full baths 24

Half baths 0

Main Floor Full Baths 24

Sq. Ft. Above 17,028

Lot Size

Acres 2

Subdivision City

Municipality

School District Doniphan R-I

County Ripley

Property Type Residential

Style 1 Story

Style Description

Transaction Type

Special Conditions Standard

Type

Building Exterior Amenities

Building Style Apartment Style

Ownership

Special Description Standard

Appliances Some

Additional Information

Elementary School Doniphan Elem.

Jr. High School Doniphan Middle

Sr. High School Doniphan High

Association Fee None

Architecture Apartment Style

Construction Brick

Garage Spaces

Carport Spaces 0

Basement Description

Fireplace Type

Fireplace Location

Lot Dimensions

Special Areas

Cooling Wall Unit(s)

Sewer Public Sewer Sewer

Heating Baseboard

Water Public

Heat Source

Kitchen

Appliances

Dining

Interior Decor

Property Tax $

Map Location

Directions

Change History

Date	Change Type	Previous	New
Sep 3, 2026	Back On Market	Expired	Active
Sep 3, 2026	Back On Market	1700000.00	1700000
Aug 18, 2026	StandardStatus	Active	Expired
Apr 21, 2026	New Listing	Active	Active
Apr 21, 2026	New Listing	1700000	1700000

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[email protected] 314.414.6000 Visit Website

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Listing Courtesy of Collins & Associates - [email protected]

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1020 E Washington, Doniphan, MO 63935

Subdivision: City

List Price: $1,700,000

24

24

17,028

$100

1 Story

180

Description

Property Information

Additional Information

Map Location

Change History

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