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  • Listed by: SMG Realty • Rylan Martin
    Price cut: $14.9K (7/27)
    $710,000

    119-121 Summerfield Way, Cape Girardeau, MO 63701

    6beds
    6baths
    5,198sqft
    : 
    $4,579/mo
    Get pre-qualified
    Multi Family
    Built in 2013
    -- sqft lot
    $673,500 Zestimate®
    $137/sqft
    $-- HOA

    What's special

    Beautiful hardwood flooringQuality beussink cabinetry
    Fully occupied and ready to perform! Exceptional investment opportunity in beautiful Baldwin Village, now offered at $710,000. With both sides currently leased and generating rental income, this well-maintained duplex offers immediate cash flow and strong long-term potential for investors and 1031 exchange buyers looking to add a quality asset to their portfolio. Each spacious unit features beautiful hardwood flooring, quality Beussink cabinetry, an inviting open-concept living and kitchen area, and a large laundry/mudroom complete with a utility sink, cabinetry, and excellent storage. The lower level of each unit provides additional living space with a bedroom and bathroom, along with unfinished storage and the potential to further improve or expand the finished basement area. Each side also features its own attached 2-car garage, offering a total of four garage spaces and a highly desirable amenity for tenants. Outside, each residence enjoys its own separated, fenced backyard area, providing added privacy and individual outdoor space. The property's location is another major advantage—just minutes from I-55 at the LaSalle exit with convenient access to hospitals, universities, schools, shopping, dining, and everything Cape Girardeau has to offer. With 100% occupancy, immediate rental income, quality construction, spacious units, and future value-add potential, opportunities like this are difficult to find in one of Cape Girardeau's desirable rental areas. Whether you're completing a 1031 exchange or expanding your investment portfolio, this Baldwin Village duplex offers the combination of location, income, and long-term potential investors are looking for!
    84 days
    |
    316
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rylan Martin 573-382-1973,

    SMG Realty,

    Brandon M Sparks 573-243-6135,

    SMG Realty

    Source: MARIS,MLS#: 26028588MLS LogoOriginating MLS: Southeast Missouri REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Freezer, Ice Maker, Microwave, Oven, Range, Refrigerator, Washer/Dryer
      Features
      • Flooring: Hardwood
      • Basement: Concrete,Partially Finished,Sleeping Area,Storage Space,Walk-Out Access
      • Has fireplace: No
      Interior area
      • Total structure area: 5,198
      • Total interior livable area: 5,198 sqft
      • Finished area above ground: 3,041
      • Finished area below ground: 2,157

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage - Attached
      • Attached garage spaces: 4
      Features
      • Levels: Two
      • Patio & porch: Covered, Deck, Porch
      • Fencing: Back Yard
      Lot
      • Size: 0.32 Acres
      • Features: Back Yard, Interior Lot
      Details
      • Parcel number: 152000014002.000000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Ranch
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • Year built: 2013

      Utilities & green energy

      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Baldwin
      HOA
      • Has HOA: No
      Location
      • Region: Cape Girardeau

      Financial & listing details

      • Price per square foot: $137/sqft
      • Date on market: 5/8/2026
      • Cumulative days on market: 84 days
      • Listing terms: 1031 Exchange,Cash,Conventional,FHA
      • Electric utility on property: Yes

        Estimated market value

        $673,500

        $640,000 - $707,000

        $1,700/mo

        Price history

        DateEventPrice
        7/27/2026Price change$710,000-2.1%$137/sqft
        Source: MARIS #26028588 Report a problem
        7/11/2026Price change$724,900-0.7%$139/sqft
        Source: MARIS #26028588 Report a problem
        6/7/2026Price change$729,900-0.7%$140/sqft
        Source: MARIS #26028588 Report a problem
        5/8/2026Listed for sale$734,900-2%$141/sqft
        Source: MARIS #26028588 Report a problem
        4/29/2026Listing removed$749,900$144/sqft
        Source: MARIS #26000867 Report a problem
        1/6/2026Listed for sale$749,900$144/sqft
        Source: MARIS #26000867 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 63701

        Getting around

        0 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: East Elem.
        • Middle: Jackson Russell Hawkins Jr High
        • High: Jackson Sr. High

        Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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