Investment opportunity in Malden, Missouri. The Malden Airport Inn features 28 guest rooms, a lobby/reception area, storage building, and approximately 6 acres with highly visible frontage along Highway 25.
The property is currently undergoing renovations, including new flooring, fresh paint, and updated furnishings. Additional features include ample parking, a fenced area behind the building, and room for future expansion or redevelopment.
Whether you’re looking to continue operating as a motel, develop an extended-stay lodging concept, or explore other income-producing uses, this property offers flexibility, visibility, and acreage rarely found in one package.
Conveniently located with easy access to local businesses, agriculture, and major travel routes throughout Southeast Missouri.
Active
Listed by: EDGE Realty, ERA Powered • Kathryn E Mitchell
$399,000
2889 N Douglass St, N, MO 63863
--beds
--baths
14,277sqft
:
Get pre-qualified$2,501/mo
Multi Family
Built in 1988
-- sqft lot
$-- Zestimate®
$28/sqft
$-- HOA
What's special
Updated furnishingsFresh paintStorage buildingNew flooringAmple parking
- 43 days |
- 254 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Kathryn E Mitchell 573-217-8410,
EDGE Realty, ERA Powered
Source: MARIS,MLS#: 26036860
Originating MLS: Bootheel Regional Board of REALTORS
Originating MLS: Bootheel Regional Board of REALTORSFacts & features
Interior
Heating
- Natural Gas
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Other
- Laundry: 2nd Floor
Features
- Flooring: Laminate
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 14,277
- Total interior livable area: 14,277 sqft
- Finished area above ground: 14,277
Property
Parking
- Parking features: Asphalt
Features
- Patio & porch: Covered
- Exterior features: Awning(s)
- Fencing: Fenced,Partial
Details
- Additional structures: Storage, Utility Building, Workshop
- Parcel number: 018.034000000019.001000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick, Other, Stucco
- Foundation: Slab
Condition
- Year built: 1988
Utilities & green energy
- Electric: 220 Volts
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Airport/Runway, Fitness Center, Golf, Park
- Security: Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System
HOA
- Has HOA: No
Location
- Region: N
Financial & listing details
- Price per square foot: $28/sqft
- Tax assessed value: $461,050
- Annual tax amount: $7,758
- Date on market: 6/10/2026
- Listing terms: 1031 Exchange,Cash,Conventional
- Ownership: Private
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$880/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Listed for sale | $399,000$28/sqft |
Source:  MARIS #26036860 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $147,540 +1% |
| 2024 | $7,580 -1% | $146,130 |
| 2023 | $7,653 +0.2% | $146,130 |
| 2022 | $7,640 | $146,130 |
| 2021 | $7,640 -0.2% | $146,130 -0.5% |
| 2020 | $7,652 | $146,900 |
| 2019 | -- | $146,900 |
| 2018 | -- | $146,900 |
| 2017 | -- | $146,900 +700.5% |
| 2016 | -- | $18,350 -87.5% |
| 2015 | -- | $146,900 |
| 2014 | -- | $146,900 |
| 2013 | -- | $146,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 63863
Nearby schools
GreatSchools rating
- 4/10Malden Lower Elementary SchoolGrades: PK-5Distance: 2.1 mi
- 2/10Malden High SchoolGrades: 6-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Malden Lower Elem.
- Middle: Malden High
- High: Malden High
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $118,200-- bd-- ba504 sqft2776 N Douglass St, Malden, MO 63863Off Market
- $287,9301 bd1 ba2.7k sqft2990 N Douglass St, Malden, MO 63863Off Market
- $43,5703 bd1 ba1.2k sqft3006 N Douglass St, Malden, MO 63863Off Market
- $--3 bd1 ba1.2k sqftRoute 2 #BOX 20, Malden, MO 63863Off Market
- $970,910-- bd-- ba13k sqft2774 N Douglass St, Malden, MO 63863Off Market
- $24,550-- bd-- ba979 sqft3008 N Douglass St, Malden, MO 63863Off Market
- $48,45053.5 Acres23562 Road 112, Malden, MO 63863Off Market
- $217,600-- bd-- ba3.3k sqft23459 Road 112, Malden, MO 63863Off Market
A local agent can set up tours, give advice and negotiate with sellers.
