OPPORTUNITY IS KNOCKING! Purchase an updated 6-family apartment building in the desirable downtown Washington, MO area. This building is in great shape, featuring an entire brick front/vinyl exterior & 4 units having nice decks off the back. All units share a similar layout featuring 4 - 2 Beds, 1 Bath, & 2 - 3 Beds, 1 Bath +/- 1,080SF, 2 units renovated & some updates of the kitchen, floors & paint over time. Well maintained Building, w/sound systems, and HOA continued maintenance. The property is currently fully rented & the cash flow is strong - market rents are $975 for 2 bedroom & $1050 for 3 bedroom. Easy to find good tenants and keep rented. The new owner will take on a strong income-producing building from day one, with room to grow on monthly income. Affordable housing is in high demand, meaning this building is easy to rent! High occupancy and low maintenance make this property a winning deal! Priced well below recent multi-fam bldg sale nearby. Please do not disturb tenants
Closed
Price Unknown
7 Village West 201 202 #101-102-301, Washington, MO 63090
5beds
0baths
--sqft
Multi Family
Built in 1986
-- sqft lot
$478,200 Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 28, 2025 at 06:36pm
Listing Provided by:
Jacob J Stallmann 636-234-5838,
ELS Real Estate Group, LLC
Bought with:
Jacob J Stallmann, 2007016834
ELS Real Estate Group, LLC
Source: MARIS,MLS#: 24055283
Originating MLS: Franklin County Board of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 0
Heating
- Electric, Forced Air
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
- Laundry: Washer Hookup, In Unit
Features
- Has basement: No
- Has fireplace: No
Property
Parking
- Parking features: Assigned, Open, Parking Lot, Unassigned
- Has uncovered spaces: Yes
Lot
- Size: 0.47 Acres
Details
- Parcel number: 1052202041254001
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Low/1-2
- Property subtype: Multi Family
Materials
- Stone Veneer, Brick Veneer, Vinyl Siding
Condition
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Washington
- Subdivision: Village West Condos
HOA & financial
HOA
- HOA fee: $800 monthly
Other
Other facts
- Listing terms: Cash,Conventional,Other
- Ownership: Private