$225,000

1109 Fairmount Street, Poplar Bluff, MO 63901

  • 3,108 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1946
  • Property Lot Size Icon0.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $72/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Turn-key 5-unit investment property—100% occupied with recent capital improvements. Across the property you’ll find all new windows and updated heating/cooling: two units with new central systems and three units served by efficient mini-split/window units for year-round comfort. The offering consists of two buildings: Duplex: • Unit E: expansive 4 bed / 2 bath, two-story layout—ideal as an owner’s unit or top-rent producer. • Unit F: comfortable 2 bed / 1 bath on the cozier side—steady renter appeal. Triplex: unit A,B,C • Three matching 1 bed / 1 bath apartments Investors will appreciate the mix of unit sizes that balances cash flow and stability, the building-wide window replacement that boosts efficiency and curb appeal, and the recent HVAC upgrades that reduce near-term maintenance. With all units currently leased, this is a plug-and-play addition to any portfolio or a strong first acquisition(Basement will require full renovation but there is a possible 6th unit. it was a unit years ago.)

Listing Status:
Active
Date Added:
August 21, 2025 at 05:00AM
Listing Office:
Borrowed Time Real Estate : 573-772-5461
MLS ID:
25057752
  • Basement: Concrete
  • A/C: Central AirElectricENERGY STAR Qualified EquipmentOtherVaries by UnitWall/Window Unit(s)
  • Fireplace: Living RoomFireplaceFireplaces: 1

This listing courtesy of Borrowed Time Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

P

Poplar Bluff Middle School

1300 Victory Ln, Poplar Bluff, MO, 63901

Grades 4-6

0.66 miles away

P

Poplar Bluff Jr. High School

550 N Westwood Blvd, Poplar Bluff, MO, 63901

Grades 7-8

0.57 miles away

P

Poplar Bluff High School

3209 Oak Grove Rd, Poplar Bluff, MO, 63901

Grades 9-12

3.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.