Excellent investment opportunity featuring an 18-unit townhome community, offered as a package of three buildings. Built in 2025, this built-to-rent property offers a strong mix of nine 3-bedroom/1.5-bath units and nine 2-bedroom/1.5-bath units, all currently leased and producing strong rental income.
Designed with durability, EFFICIENCY, and LOW-maintenance living in mind, each unit features custom cabinets, trim, tankless water heaters. Stained concrete and hardwood flooring with ZERO carpet. Kitchens include all appliances, and washers and dryers are also included.
The property offers convenient on-site parking and a strict non-smoking policy throughout the community, adding to its long-term appeal and tenant-friendly design. Green space to relax, grow and unwind. A newer, fully leased townhome community offering immediate rental income and modern construction--an excellent opportunity for investors looking to add a quality income-producing property to their portfolio.
For sale
$2,600,000
504 Oaklawn Ave, Fayette, MO 65248
15beds
7baths
--sqft
Multi Family
Built in 2025
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 11 days
- 106
- 5
Zillow last checked:
Listing updated:
Listed by:
Dustin March 573-881-4537,
EXP Realty LLC 866-224-1761
Source: MMBOR,MLS#: 436892
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 7
Heating
- Natural Gas, Forced Air
Cooling
- Central Electric
Appliances
- Included: Dryer, All Units, Washer, Refrigerator
Features
- Has fireplace: No
Property
Parking
- Parking features: Parking Lot
Features
- Stories: 2
Lot
- Size: 0.93 Acres
- Dimensions: 250 x 162
Details
- Parcel number: 121011003033002010
- Zoning description: Other/See Remarks
Construction
Type & style
- Home type: Apartment
- Property subtype: Multi Family
Materials
- Foundation: Concrete Perimeter, Slab
Condition
- Year built: 2025
Utilities & green energy
- Gas: Gas-Natural
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Subdivision: Fayette
HOA
- Has HOA: No
Location
- Region: Fayette
Financial & listing details
- Date on market: 8/29/2026
- Total actual rent: 23200
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$2,109/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2026 | Listed for sale | $2,600,000 |
Source: | ||
| 4/1/2026 | Listing removed | $2,600,000 |
Source: | ||
| 2/16/2026 | Price change | $2,600,000-3.7% |
Source: | ||
| 10/5/2025 | Listed for sale | $2,700,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment