About This Home

This 2-bedroom, 2-bathroom residential multi family at 207 S Main Street in Louisiana, MO is listed for $1,000,000 ($75 per sqft). Built in 1978, the home offers 13,420 sqft of living space on a 0.34 acres lot.

Key Features

  • Built in 1978
  • 0.34 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
2 full
1978

Amenities

WaterfrontA/C
Listing Description

Beautiful 20-Unit All-Brick Apartment Complex Overlooking Courtyard & River Views Exceptional investment opportunity featuring a well-maintained, 20-unit, all-brick apartment complex overlooking a serene green-space courtyard and the majestic Mississippi River.

This property operates under a multi-year Housing Assistance Payment (HAP) contract through the U.S. Department of Housing and Urban Development, making it eligible for automatic annual OCAF rent increases-providing stable, predictable income. Residents enjoy clean, functional living with coin-operated laundry facilities on both the upper and lower levels.

The property is located within walking distance of local restaurants, clinics, shops, and other amenities, offering excellent convenience for tenants. This subsidized housing community serves residents age 62 and older, as well as disabled individuals, and is home to many long-term, loyal tenants-reflecting the property's strong reputation and consistent demand. A rare chance to acquire a reliable, income-producing asset with built-in rent growth and a highly stable tenant base.

Monthly Cost Estimate

$5,348/mo

20% down · 6.5% · 30 years

Principal$723
Interest$4,333
Insurance$292

Estimates only. Actual payments may vary.

Location

207 S Main Street

Louisiana, MO 63353

Thomas Apartments

Features & Amenities

Interior Features

Dining/Living Room ComboEat-in KitchenLaminate CountersOpen Floorplan

Exterior Features

BalconyCourtyardEntry Steps/StairsGardenLightingRamp EntryUncovered Courtyard

Property Details

Flooring

VinylCarpetCombinationLinoleumLaminate

Construction

Brick

Outdoor Features

PatioDeck

Parking

Parking Lot

Heating

BaseboardElectric (Heating)

Cooling

Wall Unit(s)Window Unit(s)Wall/Window Unit(s)

Appliances

Electric CooktopDryerExhaust FanElectric OvenRefrigeratorWasherWater Heater

Questions & Answers

This 2-bedroom, 2-bathroom residential multi family at 207 S Main Street is listed at $1,000,000 ($75/sqft). The estimated monthly payment is $5,349 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1978, 0.34 acre lot, 2 stories, Waterfront. Interior Features: Dining/Living Room Combo, Eat-in Kitchen, Laminate Counters. Exterior Features: Balcony, Courtyard, Entry Steps/Stairs.

This property is listed by Rachel Moses.

RM

Rachel Moses

Agent at Juncture

Listed by Juncture · Broker phone: (573) 687-4663 · View on Broker Site · Broker website

MLS# 25083020· Source: Mid America Regional Information Systems, Inc.· 1 day on PropertySimple

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

207 S Main Street, Louisiana, MO 63353

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