Investment Opportunity – Price Reduced!!! This 7-unit apartment building, constructed with heavy steel beam, offers a total of 4,810 sq ft on a 0.86-acre lot. The units include studios, one-bedroom, and two-bedroom apartments, with current rents ranging from $300 to $590 per month. All units combined offer 9 bedrooms, 7 full bathrooms and 3 half baths. The property features on-site laundry (coin operated – additional income), three storage units (additional income opportunity), and a lobby area. There is still room to expand Located in Hale, MO, this property is centrally positioned near Chillicothe, Carrollton, and Brookfield, making it attractive to tenants. The area is known for outdoor activities like hunting, fishing, mushroom hunting and general enjoyment of nature and small community living. With a reduced listing price of $379,900, this property presents a solid investment opportunity in a stable rental market. With the potential to expand.
For sale
$379,900
5 S Cherry St, Hale, MO 64643
10beds
4,810sqft
Other Residential
Built in 1970
0.86 Acres Lot
$-- Zestimate®
$79/sqft
$-- HOA
What's special
Lobby area
- 127 days
- 98
- 4
Zillow last checked:
Listing updated:
Listed by:
Cherrie Liebhart 660-412-7294,
Gaslight Real Estate
Source: Northeast Central AOR,MLS#: 40834
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 11
- Full bathrooms: 7
- 1/2 bathrooms: 4
Heating
- Other-See Remarks
Cooling
- Window Unit(s)
Appliances
- Included: Electric Oven/Range, Refrigerator, Gas Water Heater
- Laundry: Laundry Hookup: Laundry Room, Main Level
Features
- Dry Wall
- Flooring: Carpet, Laminate
- Windows: Vinyl, No Window Treatments
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 4,810
- Total interior livable area: 4,810 sqft
- Finished area above ground: 4,810
Video & virtual tour
Property
Parking
- Parking features: No Garage
Features
- Patio & porch: Patio
- Fencing: None
Lot
- Size: 0.86 Acres
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Other Residential
Materials
- Brick, Frame, Metal Siding
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Gas: LP Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Hale
Financial & listing details
- Price per square foot: $79/sqft
- Annual tax amount: $2,000
- Date on market: 5/11/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Listed for sale | $379,900-5%$79/sqft |
Source:  Northeast Central AOR #40834 Report a problem | ||
| 11/23/2025 | Listing removed | $399,900$83/sqft |
Source: Northeast Central AOR #40834 Report a problem | ||
| 6/4/2025 | Price change | $399,900-5.9%$83/sqft |
Source: Northeast Central AOR #40834 Report a problem | ||
| 11/22/2024 | Listed for sale | $425,000$88/sqft |
Source: Northeast Central AOR #40834 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
