About This Home
This 10-bedroom, 0-bathroom residential multi family at 5119 DEER Ridge in Jefferson City, MO is listed for $509,900 ($111 per sqft). Built in 1998, the home offers 4,600 sqft of living space on a 0.30 acres lot.
Key Features
- Built in 1998
- 0.30 acre lot
Property Details
Amenities
Value-Add 4-Unit Investment Opportunity with Strong Rental Upside! Well-located and partially updated 4-unit apartment building offering a great opportunity for investors seeking future growth. The property features a desirable unit mix of two 3 bed / 2 bath units with 1-car garages and two 2 bed / 1 bath units, appealing to a wide tenant base.
Current projected gross annual income is approximately $51,600. 2 units currently vacant and recently renovated--positioning the next owner to place 2 tenants at market rents. Significant upside potential: Under-market rents on Units A & D with $100-$200/month increase potential Strong market support for projected rents of approximately $1,350 (3 b
ed units) and $950 (2 bed units) Proforma gross income of approximately $55,000 annually Recent improvements include Unit A fully remodeled in 2024, Unit D remodeled in 2024, and Unit B & C renovated in 2025, allowing for continued value enhancement. Additional peace of mind with a newer roof (installed approx. 6 months prior to 2021 purchase). With a solid unit mix, ongoing improvements, and clear path to increased cash flow, this property offers an ideal blend of stability, upside, and long-term investment potential.
Monthly Cost Estimate
$2,727/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5119 DEER Ridge
Jefferson City, MO 65109
Features & Amenities
Exterior Features
Property Details
Construction
Heating
Cooling
Questions & Answers
This 10-bedroom, 0-bathroom residential multi family at 5119 DEER Ridge is listed at $509,900 ($111/sqft). The estimated monthly payment is $2,727 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1998, 0.30 acre lot. Exterior Features: Brick, Vinyl Siding.
This property is listed by Adam Stark and can be reached at 5732307791.