Active

$1,300,000

207 S Main St, Louisiana, MO 63353

--beds

1baths

--sqft

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Apartment

Built in 1978

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Exceptional investment opportunity featuring a well-maintained, 20-unit, all-brick apartment complex overlooking a serene green-space courtyard and the majestic Mississippi River. This property operates under a multi-year Housing Assistance Payment (HAP) contract through the U.S. Department of Housing and Urban Development, making it eligible for automatic annual OCAF rent increases—providing stable, predictable income. Residents enjoy clean, functional living with coin-operated laundry facilities on both the upper and lower levels. The property is located within walking distance of local restaurants, clinics, shops, and other amenities, offering excellent convenience for tenants.

192 days

91

3

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Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 1

Heating

Baseboard, Electric

Cooling

Window Unit(s)

Appliances

Included: Water Heater
Laundry: Central Laundry, Utility Room

Features

Has basement: No

Property

Parking

Parking features: Attached, Paved
Has attached garage: Yes

Accessibility

Accessibility features: Accessible Approach with Ramp, Accessible Full Bath, Accessible Bedroom, Accessible Central Living Area, Accessible Common Area, Accessible Doors, Accessible Entrance, Accessible Hallway(s), Accessible Kitchen, Accessible Washer/Dryer, Customized Wheelchair Accessible

Features

Exterior features: Balcony

Lot

Size: 0.33 Acres

Details

Parcel number: 080418004040003.000

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Brick
Foundation: Slab
Roof: Composition

Condition

Year built: 1978

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Multi-Unit Heat/Air

Community & HOA

Community

Senior community: Yes
Subdivision: Other

HOA

Has HOA: No

Location

Region: Louisiana

Financial & listing details

Annual tax amount: $6,526
Date on market: 1/3/2026
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
4/12/2026	Price change	$1,300,000-18.8%
Source: Heartland MLS as distributed by MLS GRID #2594659 Report a problem
1/1/2026	Listed for sale	$1,600,000
Source: MARIS #25083020 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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