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    401 S State St, Drexel, MO 64742

    --beds
    1baths
    --sqft
    Quadruplex
    Built in 1998
    -- sqft lot
    $332,800 Zestimate®
    $--/sqft
    $1,214 Estimated rent

    Home value

    $332,800

    $290,000 - $386,000

    $1,214/mo

    Zestimate® history
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    $1,214/mo

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    $1,214/mo

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    What's special

    Green spaceOutdoor amenitiesLarge windows
    Introducing a fantastic investment opportunity in the heart of Drexel, Missouri! A remarkable 4plex that combines convenience, charm, and the potential for lucrative returns. This property is perfectly suited for investors looking to capitalize on the growing demand for rental properties in this desirable location. Situated on a prime corner lot, this 4plex showcases an attractive exterior that invites tenants to explore what lies within. Each unit offers 2 bedrooms and 1 bath. The location on State St ensures excellent visibility and accessibility, making it highly desirable for potential tenants. Each unit boasts large windows that fill the rooms with abundant natural light, creating a bright and welcoming ambiance throughout. Tenants will appreciate the convenience of in-unit laundry facilities. The town's proximity to major highways allows for easy travel to nearby cities, ensuring convenience for tenants who work or study in the surrounding areas. Outside, the property offers ample parking spaces, ensuring convenience for both residents and visitors. The expansive lot provides potential for further development (another 4plex or storage units would be ideal to add more income/value) or outdoor amenities, such as a patio or green space, adding value to the property and enhancing its appeal. Whether you are an experienced investor or new to the real estate market, this 4plex offers the potential for attractive rental income and long-term appreciation. Schedule a showing today and seize the chance to secure a promising investment in a thriving community!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    JoLynn Tarantino 816-918-8784,

    ReeceNichols - Overland Park

    Bought with:

    Jan Sullivan, SP00232460

    Platinum Realty LLC

    Source: Heartland MLS as distributed by MLS GRID,MLS#: 2437744MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 1
    Heating
    • Electric
    Cooling
    • Electric
    Appliances
    • Included: Refrigerator, Built-In Electric Oven, Ind Water Heaters
    • Laundry: In Basement, Utility Room
    Features
    • Has basement: No

    Property

    Parking
    • Total spaces: 8
    • Parking features: Off Street
    Lot
    • Size: 0.47 Acres
    Details
    • Parcel number: 0503.006020005004.000
    • Zoning: HI

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1998

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Ind Heat And Air, Separate Meters

    Community & neighborhood

    Location
    • Region: Drexel
    • Subdivision: Other

    HOA & financial

    HOA
    • Has HOA: No

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/21/2023Listing removed--
    Source: ReeceNichols Real Estate Report a problem
    9/8/2023Pending sale$329,000
    Source: ReeceNichols Real Estate #2437744 Report a problem
    9/6/2023Sold--
    Source: Heartland MLS as distributed by MLS GRID #2437744 Report a problem
    7/12/2023Pending sale$329,000
    Source: Heartland MLS as distributed by MLS GRID #2437744 Report a problem
    6/12/2023Price change$329,000-6%
    Source: Heartland MLS as distributed by MLS GRID #2437744 Report a problem
    6/2/2023Listed for sale$349,950+9.4%
    Source: Heartland MLS as distributed by MLS GRID #2437744 Report a problem
    9/29/2022Sold--
    Source: Heartland MLS as distributed by MLS GRID #2398383 Report a problem
    8/30/2022Pending sale$320,000
    Source: Heartland MLS as distributed by MLS GRID #2398383 Report a problem
    8/21/2022Contingent$320,000
    Source: Heartland MLS as distributed by MLS GRID #2398383 Report a problem
    8/19/2022Listed for sale$320,000+68.5%
    Source: Heartland MLS as distributed by MLS GRID #2398383 Report a problem
    5/14/2021Sold--
    Source: Heartland MLS as distributed by MLS GRID #2258441 Report a problem
    3/24/2021Contingent$189,900
    Source: Heartland MLS as distributed by MLS GRID #2258441 Report a problem
    3/5/2021Listed for sale$189,900-5%
    Source: Heartland MLS as distributed by MLS GRID #2258441 Report a problem
    2/20/2021Contingent$199,999
    Source: Heartland MLS as distributed by MLS GRID #2258441 Report a problem
    1/12/2021Listed for sale$199,999+48.1%
    Source: Platinum Realty LLC #2258441 Report a problem
    1/16/2014Listing removed$135,000
    Source: Keller Williams Realty Diamond Partners Inc. #1857552 Report a problem
    11/6/2013Listed for sale$135,000-9.4%
    Source: Keller Williams Realty Diamond Partners Inc. #1857552 Report a problem
    8/10/2013Listing removed$149,000
    Source: Keller Williams Realty Diamond Partners Inc. #1808112 Report a problem
    12/9/2012Price change$149,000-6.3%
    Source: Keller Williams Realty Diamond Partners Inc. #1808112 Report a problem
    7/22/2012Price change$159,000-5.9%
    Source: Keller Williams Realty Diamond Partners Inc. #1732473 Report a problem
    2/4/2012Listed for sale$169,000
    Source: Keller Williams Realty Diamond Partners Inc. #1732473 Report a problem
    12/8/2011Listing removed$169,000
    Source: Keller Williams Realty Diamond Partners Inc. #1732473 Report a problem
    10/14/2011Listed for sale$169,000
    Source: Keller Williams Realty Diamond Partners Inc. #1732473 Report a problem
    9/8/2011Listing removed$169,000
    Source: Keller Williams Realty Diamond Partners Inc. #1732473 Report a problem
    8/14/2011Price change$169,000-5.6%
    Source: Keller Williams Realty Diamond Partners Inc. #1732473 Report a problem
    6/18/2011Listed for sale$179,000-5.7%
    Source: Keller Williams Realty Diamond Partners Inc. #1732473 Report a problem
    1/20/2011Listing removed$189,900
    Source: Keller Williams Diamond Part #1699366 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 64742

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $332,800
    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
    $332,800