INVESTOR ALERT – TOTAL LIST PRICE OF PROPERTY IS $375,000 AND INCLUDES BOTH 116 S. Main (4 UNIT Apartment Building) and 118 S. Main (5 Unit Apt Building) * These are two buildings with separate parcel #s – the adjoin each other * 4 unit apt building at 116 S. Main itself is an Outstanding Value and Great Income Producer – amazing Cap Rate of approx. 12% based on Market Value of $200,000 for 116 S. Main * One 1BR, 1BA - $550 * Three 2BR, 1 BA- $600. $600, $625 * Gross Operating Income: $29,400 * Fire destroyed interior of building 2009-was then re-designed with 4 units and reconstructed using the good bones with all new elec, plumbing, HVAC, cabinetry, walls, flooring, fixtures, etc. * Coin operated laundry plus Apt 1 & 2 have w/d hookups * Tenants pay electric * 2 car carport in rear *
Closed
Listing Provided by:
Marlene A Bell 573-604-2355,
EDGE Realty ERA Powered
Bought with: EDGE Realty ERA Powered
Price Unknown
116 Main St S, Chaffee, MO 63740
7beds
4baths
3,571sqft
Multi Family
Built in 1906
-- sqft lot
$210,700 Zestimate®
$--/sqft
$989 Estimated rent
Home value
$210,700
$190,000 - $234,000
$989/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: April 28, 2025 at 05:48pm
Listing Provided by:
Marlene A Bell 573-604-2355,
EDGE Realty ERA Powered
Bought with:
Marlene A Bell, 1999110537
EDGE Realty ERA Powered
Source: MARIS,MLS#: 23022181
Originating MLS: Southeast Missouri REALTORS
Originating MLS: Southeast Missouri REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Electric, Baseboard
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
- Laundry: In Unit
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,571
- Total interior livable area: 3,571 sqft
- Finished area above ground: 3,571
Property
Parking
- Parking features: Carport, Off Street, On Street
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck, Patio
- Fencing: Partial
Lot
- Size: 3,920 sqft
- Dimensions: 25 x 140
Details
- Parcel number: 044.018.00001018007.00
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Veneer, Other
Condition
- Year built: 1906
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Chaffee
- Subdivision: Town Of Chaffee
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Private
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2023 | Sold | -- |
Source:  MARIS #23022181 Report a problem | ||
| 5/11/2023 | Contingent | $200,000$56/sqft |
Source: MARIS #23022181 Report a problem | ||
| 4/25/2023 | Listed for sale | $200,000-35.5%$56/sqft |
Source: MARIS #23022181 Report a problem | ||
| 3/10/2022 | Sold | -- |
Source: MARIS #21073526 Report a problem | ||
| 1/13/2022 | Pending sale | $309,900$87/sqft |
Source: MARIS #21073526 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $10,020 +11% |
| 2024 | -- | $9,030 |
| 2023 | -- | $9,030 |
Find assessor info on the county website
Neighborhood: 63740
Nearby schools
GreatSchools rating
- 4/10Chaffee Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 3/10Chaffee Jr.-Sr. High SchoolGrades: 7-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Chaffee Elem.
- Middle: Chaffee Jr.-Sr. High
- High: Chaffee Jr.-Sr. High
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Missouri
- Scott County
- Chaffee
- 63740
- 116 Main St S