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Real Estate Company
121 E Rodney Dr Unit H, Cape Girardeau, MO 63701
- $1,070,000
- Sold Price
- $1,070,000
- List Price
- $1,130,000
- Closing Date
- Sep 30, 2026
- Days on Market
- 116
- MLS#
- 26034038
- Status
- CLOSED
- Year Built
- 1974
- Subdivision
- La Messa Second Subdivision
- County
- Cape Girardeau
- Listing Type
- Multifamily
Property Description
16-Unit Multi-Family Portfolio Near Arena Park – Must Sell Together. Strong cash-flowing portfolio located between Themis and Independence Street, walking distance to Arena Park. Total scheduled rent is $12,700/month. Tenants pay for all utilities. 100% occupancy. No delinquencies. 121 Rodney: Six (6) 2-bedroom units with in-unit washer/dryers, dishwashers, window A/C and baseboard heat. 51 Hazel: Two (2) 2-bedroom and eight (8) 1-bedroom units with coin laundry, baseboard heat; nine (9) units with window A/C, PTACs and one (1) unit with central A/C. The complex also has a large utility garage and storage room. Current rent roll, T12, and recent CapEx summary available. Opportunity for value add. 48-hour notice required for showings to qualified borrowers. Drive-by only, please do not disturb tenants. Broker Owned.
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Additional Information
- School District
- Cape Girardeau 63
- Elementary School
- Clippard Elem.
- Jr. High School
- Central Jr. High
- Sr. High School
- Central High
- Parking Description
- On Site
- Cooling
- Central Air, Electric, Varies By Unit, Window/Wall
- Heating
- Baseboard, Electric, Forced Air, Varies by Unit
- Water
- Public
- Selling Terms
- Cash, Conventional
Listing courtesy of Justin Swiney. On-Point Property Advisors
Selling Office: EDGE Realty ERA Powered.How much is your home worth?
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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID. 
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