, Mt Vernon, MO 65712 (MLS# 60327968)

Mt Vernon, MO 65712

New Listing

$900,000

Property Type: MultiFamily Lot Size (sq. ft.): 126,760 Status: Active

Current Price: $900,000 List Date: 7/02/2026 Last Modified: 7/02/2026

Overview

Description

Located at 301 Mount Vernon, this fully renovated multi-family investment opportunity offers immediate income with excellent long-term upside. The property consists of 9 apartment units, including eight 1-bedroom units and one 2-bedroom unit, with 8 of the 9 units currently leased, generating $6,850 in monthly rental income. Every unit has been extensively updated with new flooring, fresh paint, and updated appliances, providing a turnkey asset with reduced maintenance and strong tenant appeal. Situated on 2.91 acres, the property offers additional land for potential future expansion, creating an opportunity for increased income potential. Buyers should note that the front portion of the property lies within a floodplain, and any future development plans should be verified through the purchaser's own due diligence. Additional amenities include a central coin-operated laundry facility, paved parking, and a convenient location with easy access to local employers, schools, and amenities. ... (Read more)

Listing Details MLS# 60327968

Contract Information

Property Sub-Type: Apartment Building
Begin Date: 2026-07-02
Transaction Type: Sale
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell
Sign on Property: Yes

Location Tax and Other Information

State/Province: MO
Zip Code: 65712
Subdivision: N/A
Real Estate Tax: 2912.46
Tax Year: 2024
Legal Description: MT.VERNON BLVD,W,301; BEG AT SW COR OF LOT 3 THEN S316' W223.83' N125' W50' N381' E252.83' S190' TO POB - WALNUT PARK ADD - MT VERNON
Zoning: B-3

General Property Description

SqFt Finsh'd & Unfnsh'd: 5000 or more
Aprx Year Built: 1945
Total Monthly Rent: 6850
Number of Units: 9
# One Bedroom Units: 8
# Two Bedroom Units: Yes
Aprx Lot Size (Acres): 2.91
Lot Dimensions: Acres
Elementary School: Mt Vernon
Middle School: Mt Vernon
High School: Mt Vernon
Waterfront/View: None
Lake/River: None

Remarks Misc

Directions: In Mt Vernon head East on Mt Vernon Blvd, North on West St.

Listing Info

Owner Agent: No

More Information

Baths

Each Unit: Yes

Location, Tax and Other Information

Inside City Limits: Yes
RE Tax Provided By: Assessor Records

Views

City: Yes

Amenities

Central Laundry: Yes

Construction

Brick: Yes

Utilities

City: Yes
Electricity: Yes
Sewer: Yes
Water: Yes

Cooling

Ceiling Fans: Yes
Other - See Remarks: Yes

Appliances

Microwave: Yes
Oven/Range: Yes
Refrigerator: Yes

Heating

Base Board: Yes

Parking

Paved Area: Yes

Roofing Material

Metal: Yes

Possession

At Closing: Yes
Subject to Tenant Rt: Yes

Will Sell

Cash: Yes
Conventional: Yes

Buildings

One Building: Yes

Water

City Water: Yes

Sewer

Sanitary Sewer: Yes

Documents Available

Disclosure: Yes

Property Features

Amenities: Central Laundry Appliances: Microwave; Oven/Range; Refrigerator Cooling: Ceiling Fans; Other - See Remarks Heating: Base Board Buildings: One Building Construction: Brick Roofing Material: Metal Parking: Paved Area Water: City Water Sewer: Sanitary Sewer Utilities: Electricity; Sewer; Water Documents Available: Disclosure Possession: At Closing; Subject to Tenant Rt Will Sell: Cash; Conventional

Documents

Seller Disclosure ›

Measurement Disclaimer ›

Aerial ›

Zoning Map ›

Rent Roll ›

Listing Office: Keller Williams

Last Updated: July - 02 - 2026

Broker Attribution: klrw369@kw.com

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