18398 71 Highway Jane, MO ^$ 1,650,000

18398 71 Highway

^$ 1,650,000

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Recently Listed

18398 71 Highway

Jane, MO, 64856

^$ 1,650,000

Studio Baths0.0 Sq 7,500

Monthly Estimate*

^$ 11,396

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View a Virtual Tour

Studio

Apartment for sale in Jane, MO

for $1,650,000. This 7,500 square foot apartment was built in 2023 on a lot size of 2.

Like new 8 plex with lots of upside potential. Fully rented and under management. Just across the line into Southwest Missouri. Sitting on approximately 2 acres with space for 1-3 more 8 plexes depending on size and layout. All utilities in place. Quality construction and finishes with all common walls soundproofed. The units are all 2 br, 1 1/2 bath approx 937 sf. Individually metered. Rents have room to grow. Current NOI reflects a 6 cap rate

Apartment Active

Price

^$ 1,650,000

Bedrooms

Studio

Property Type

Apartment

Taxes

^$ 3,300

Style

Lot Size

Year Built

2023

Town/City

Jane

County/Region

McDonald

MLS | Web ID

1365503

Features

General

Heating Electric Heat Pump

Cooling Electric Heat Pump

Utilities Electricity Available Sewer Available Water Available

Roof Architectural Shingle

Appliances Dishwasher Electric Range Electric Water Heater Microwave Hood Fan Microwave Refrigerator Washer

Patio/Porch Features Patio

Security Features Smoke Detector(s)

Construction Materials Vinyl Siding

Year Built 2023

Stories Count 2

Levels Two

Property Subtype Apartment

Gross Income 112800

County McDonald

Net Operating Income 97920

Operating Expense 14880

New Construction false

Property Type Residential

HOA false

Subdivision Name none

Garage Y/N false

Status Active

Directions Hwy 71 north from Arkansas State Line approx 6 miles. Just south of Hwy 90 across from Ozark Mountain Propane

City Jane

Disclosures Seller Disclosure

High School District McDonald

Zoning Description Multi Family

Number Of Units Total 8

Lot Size Units Acres

Carport Y/N false

Year Built Details Resale (less than 25 years old)

Tax Annual Amount 3300

Virtual Tour https://tour.nwarealtors.org/18398-71-Highway-Jane-MO-64856/unbranded

Standard Status Active

Middle/Junior School District McDonald

Elementary School District McDonald

Tax Lot 0

Property Sub Type Additional Apartment Multi Family

Legal Description TBD

Interior

Flooring Luxury Vinyl Plank

Basement (Y/N) false

Air Conditioning Y/N true

Heating Y/N true

Exterior

Exterior Amenities Gravel Driveway

Fencing Back Yard Other Privacy See Remarks Wood

Parking Features Other Two Spaces See Remarks

Lot Features City Lot Other See Remarks

Water Source Public

Lot Size Area 2

Foundation Details Slab

Building Area Total 7500

Lot Size Acres 2

Road Surface Type Gravel

Covered Spaces 0

Road Frontage Type Private Road

* Excluded Features

List By

Larry Kelly & Assoc. Realty

Broker

lodestarrealtor@gmail.com

Affordability Calculator

$11,671

Per Month

Monthly Principal & Interest: $11,396
Monthly Property Taxes: $275
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

About Jane, MO

161 Population

23% Since 2002

^$37,051 Median Income

41.13 Median Age

45% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1764961 Elementary School

1764826 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/19/2026	$1,650,000		Listed Price

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18398 71 Highway, Jane, MO, 64856 is a Apartment for sale at $1,650,000 with 7,500 sqft and a lot size of 2. 18398 71 Highway is a studio with 0.0 baths and was built in 2023. The property's zip code is 64856 which is in Jane, MO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Listing data provided courtesy of The Broker Reciprocity (sm) Program of Northwest Arkansas Board of REALTORS® MLS

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/26/2026.

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18398 71 Highway

Apartment for sale in Jane, MO

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