703 N Carolina Street Louisiana, MO $ 159,900
703 N Carolina Street
$ 159,900
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703 N Carolina Street

Louisiana, MO, 63353
$ 159,900
Baths0.0

Monthly Estimate*

$ 985

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Studio

Multi-Family Home for sale in Louisiana, MO

for $159,900. This home was built in 1860 on a lot size of 0.209986.

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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Multi-Family Active

Price

$ 159,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 695

Style

Lot Size

0.209986

Year Built

1860

Town/City

Louisiana

County/Region

Pike

MLS | Web ID

2614841

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Window Unit(s)
Utilities Ind Water Heaters
Possession Close Of Escrow
Roof Composition
Appliances Exhaust Fan Refrigerator Gas Range
Zoning other
HOA Fee 0
Security Features Smoke Detector(s)
Construction Materials Brick Vinyl Siding
Year Built 1860
Property Subtype Triplex
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 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.
City Louisiana
High School District Other
Number Of Units Total 3
MLS Area 999 - Other Missouri Area
Lot Size Units Acres
Lot Size Square Feet 9147.6
Listing Terms Cash Conventional
Public Remarks 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 s
Standard Status Active
In Flood Plain No
HMS_MaintenanceProvidedYN Y
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Exterior
Parking Features On Street
Water Source Public
Lot Size Area 0.21
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Interior
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N N
Laundry Features Inside
Unit Type 2 Bedroom
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* Excluded Features
List By
Juncture

Broker

Affordability Calculator

$1,042
Per Month
94%
6%
0%
Monthly Principal & Interest
$985
Monthly Property Taxes
$58
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
4/17/2026$159,900 Listed Price

Map


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703 N Carolina Street, Louisiana, MO, 63353 is a Multi-Family Home for sale at $159,900 with a lot size of 0.209986. 703 N Carolina Street is a studio with 0.0 baths and was built in 1860. The property's zip code is 63353 which is in Louisiana, MO