207 S 5th Street Louisiana, MO $ 1,400,000
207 S 5th Street
$ 1,400,000
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207 S 5th Street

Louisiana, MO, 63353
$ 1,400,000
Baths0.0

Monthly Estimate*

$ 8,620

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Studio

Multi-Family Home for sale in Louisiana, MO

for $1,400,000. This home was built in 1978 on a lot size of 0.359986.

Exceptional investment opportunity featuring a well-maintained, 16-unit, all-brick apartment complex comprised of two-bedroom apartments, thoughtfully designed for residents (62 years of age and older). The community is centered around a serene courtyard with beautifully maintained landscaping, creating a welcoming and peaceful environment. This property operates under a multi-year Housing Assistance Payment (HAP) contract through the U.S. Department of Housing and Urban Development, making it eligible for automatic annual OCAF rent increases—providing stable, predictable income. The complex maintains near full occupancy, with 15 of 16 units leased to long-standing residents, supporting strong and dependable cash flow. Residents enjoy clean, functional living with coin-operated laundry facilities on both the upper and lower levels. The complex offers handicap-accessible features and is conveniently located near local amenities, including coffee shops, restaurants, clinics, and retail, providing excellent walkability and everyday convenience for residents.

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Multi-Family Active

Price

$ 1,400,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,661

Style

Lot Size

0.359986

Year Built

1978

Town/City

Louisiana

County/Region

Pike

MLS | Web ID

2594641

Features
Interior
Interior Amenities Apply To All Units
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Laundry Features Central Laundry Utility Room
Unit Type 2 Bedroom
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General
Sewer Public Sewer
Heating Baseboard Hot Water
Cooling Window Unit(s)
Utilities Ind Heat And Air Ind Water Heaters
Possession Close Of Escrow
Roof Composition
Zoning other
HOA Fee 0
Construction Materials Brick
Year Built 1978
Property Subtype Apartment
Accessibility Accessible Approach with Ramp Accessible Bathroom Accessible Bedroom Accessible Central Living Area Accessible Common Area Accessible Doors Accessible Hallway(s) Accessible Kitchen
Assoc Fee Paid Per None
County Pike
Property Type Residential Income
HOA N
Subdivision Name Other
Garage Y/N N
Status Active
Directions South on highway 79 west on south Carolina street and turn south on south 5th street. The apartment complex is located on the corner of south Carolina street and south 5th street.
City Louisiana
High School District Other
Number Of Units Total 16
MLS Area 999 - Other Missouri Area
Lot Size Units Acres
Lot Size Square Feet 15681.6
Listing Terms Cash Conventional
Public Remarks Exceptional investment opportunity featuring a well-maintained 16-unit all-brick apartment complex comprised of two-bedroom apartments thoughtfully designed for residents (62 years of age and older).
Standard Status Active
In Flood Plain No
HMS_MaintenanceProvidedYN Y
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Exterior
Exterior Amenities Balcony
Parking Features Assigned Paved
Water Source Public
Lot Size Area 0.36
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* Excluded Features
List By
Juncture

Broker

Affordability Calculator

$9,092
Per Month
95%
5%
0%
Monthly Principal & Interest
$8,620
Monthly Property Taxes
$472
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
652738 Elementary School
652859 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/2/2026$1,400,000 Listed Price

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207 S 5th Street, Louisiana, MO, 63353 is a Multi-Family Home for sale at $1,400,000 with a lot size of 0.359986. 207 S 5th Street is a studio with 0.0 baths and was built in 1978. The property's zip code is 63353 which is in Louisiana, MO