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  • Price Unknown

    200 E Otway St, Odessa, MO 64076

    --beds
    4baths
    --sqft
    Package of Properties
    Built in 1984
    -- sqft lot
    $1,525,800 Zestimate®
    $--/sqft
    $1,297 Estimated rent

    Home value

    $1,525,800

    Estimated sales range

    Not available

    $1,297/mo

    Zestimate® history
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    $1,297/mo

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    $1,297/mo

    Rent Zestimate®

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    What's special

    On-site parking
    The Odessa Rental Portfolio presents a rare opportunity to acquire a diversified 21-unit multifamily package in the heart of Odessa, Missouri. Comprised of a duplex, fourplex, 7-plex, and 8-plex constructed between 1906 and 1984, the portfolio delivers strong diversification across studios, one-, two-, and three-bedroom layouts. All properties are well-maintained, fully leased, and offer on-site parking, providing both stability and tenant convenience. Perfect for local or out of state investors, this one is easy to own and cash flow. Operations are streamlined through a utility recovery system, with select units sub-metered for electric and common water/gas expenses recaptured via tenant billing fees. The portfolio benefits from a long history of strong occupancy and diligent management, underscoring its proven track record of performance. With consistent cash flow already in place, the investment offers both immediate income and operational efficiency. Positioned near schools, retail, and community amenities, the Odessa Rental Portfolio draws from strong tenant demand and retention drivers. Investors have the opportunity to capture additional upside through cosmetic upgrades and rental optimization at turnover, enhancing long-term value. With stability today and growth potential tomorrow, this portfolio represents a compelling multifamily investment in a growing suburban market.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle Lutz 913-426-5576,

    Lutz Sales + Investments

    Bought with:

    Danette Kay Iman, 1999087843

    Heritage Realty

    Source: Heartland MLS as distributed by MLS GRID,MLS#: 2578809MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 4
    Heating
    • Natural Gas
    Cooling
    • Electric
    Features
    • Has basement: No

    Property

    Parking
    • Parking features: Off Street, On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 1.14 Acres
    Details
    • Parcel number: 147.0364002069.000
    • Zoning: Res

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Package of Properties
    Materials
    • Brick/Mortar, Concrete
    • Roof: Composition
    Condition
    • Year built: 1984

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City/Public - Verify
    • Utilities for property: Master Meters, Separate Meters

    Community & HOA

    Community
    • Subdivision: McBurney's Addition
    HOA
    • Has HOA: No
    Location
    • Region: Odessa

    Financial & listing details

    • Tax assessed value: $230,240
    • Annual tax amount: $8,321
    • Date on market: 10/13/2025
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    1/30/2026Sold--
    Source: Heartland MLS as distributed by MLS GRID #2578809 Report a problem
    1/5/2026Pending sale$1,630,000
    Source: Heartland MLS as distributed by MLS GRID #2578809 Report a problem
    12/1/2025Listed for sale$1,630,000
    Source: Heartland MLS as distributed by MLS GRID #2578809 Report a problem
    11/18/2025Contingent$1,630,000
    Source: Heartland MLS as distributed by MLS GRID #2578809 Report a problem
    10/13/2025Listed for sale$1,630,000
    Source: Heartland MLS as distributed by MLS GRID #2578809 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,240 +11.6%$43,746 +14.1%
    2024$2,902 +0.1%$38,336
    2023$2,899 $38,336 +10.3%
    2022-- $34,759
    2021-- $34,759 +0.5%
    2020-- $34,569
    2019-- $34,569
    2018-- $34,569
    2017-- $34,569 -74.9%
    2016-- $137,750 -1.7%
    2012-- $140,170
    Find assessor info on the county website

    Neighborhood: 64076

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,525,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,525,800