Proven income-producing fourplex with strong occupancy and clear value-add potential. All units are 3 bedroom and currently rent at $950/month, providing immediate cash flow with upside for future rent increases. Owner covers water, trash, lawn care, and snow removal; tenants pay remaining utilities. Recent improvements include new flooring and paint, with one fully renovated unit featuring a new kitchen and appliances-demonstrating the ability to continue updating units and drive rents. 2025 financials reflect a one-time spike in expenses due to restoration and capital improvements, significantly impacting reported NOI. Prior years show substantially stronger performance, and with stabilized expenses, the property supports a much stronger pro forma return. All units are leased through April 2027, providing secure, predictable income and minimizing near-term vacancy risk. Strong rental history, solid tenant base, and opportunity to increase income through continued updates make this an attractive long-term investment or portfolio addition
| MLS # | 2609899 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2001 |
| Days On Site | 192 |
| Listing Provided By | Shirleys Realty | Julie Tobin |
| Story(s) | 2 |
|---|---|
| Units | 4 |
| Zoning | R-2M |
| Acreage | 0.42 |
| State | MO |
|---|---|
| County | Nodaway |
| City | Maryville |
| Zip Code | 64468 |
| Area | 112 N=Iowa;S=Hwy 92;E=Platte CoLn;W=I 29 |
| Listing VS Median (in 64468) | |
Price: $405,000 low | high Med: $194,750 On site: 192 low | high Med: 17.5 | |
| State | MO |
|---|---|
| County | Nodaway |
| City | Maryville |
| Zip Code | 64468 |
| Area | 112 N=Iowa;S=Hwy 92;E=Platte CoLn;W=I 29 |
| Listing VS Median (in 64468) | |
Price: $405,000 low | high Med: $194,750 On site: 192 low | high Med: 17.5 | |