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121 East Rodney Drive , H

Cape Girardeau, MO 63701
  • $1,130,000
  • STATUS: Active Under Contract
  • ON SITE: 105 Days
  • ID#: 26034038
Under Contract
UPDATED: 55 min ago
$1,130,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1974
County:

School Information

Elementary School:
Middle School:
High School:
School District:

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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Listing information © 2026 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2026-09-14T12:39:41.167.

Friend Real Estate | eXp Realty: 573-207-6033
www.teamfriendhomes.com/homes/177047021
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121 East Rodney Drive , H Cape Girardeau, MO 63701

  • Price: $1,130,000
  • Status: Active Under Contract
  • On Site: 105 Days
  • Updated: 55 min ago
  • ID#: 26034038
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1974
Built
Neighborhood:
La Messa Second Subdivision
County:
Cape Girardeau
Elementary School:
Clippard Elem.
Middle School:
Central Jr. High
High School:
Central High
School District:
Cape Girardeau 63
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.
Exterior Features

Architectural Style Apartment Style Carport YN No Construction Materials Brick Veneer Garage YN Yes Parking Features On Site Roof Composition

Interior Features

Basement Full Cooling Central AirElectricVaries by UnitWall/Window Unit(s) Fireplace YN No Flooring CarpetTileVinyl Heating BaseboardElectricForced AirVaries by Unit Laundry Features See Remarks Main And Upper Level Bathrooms 0 Main And Upper Level Bedrooms 0

Property Features

Association Southeast Missouri REALTORS Association YN No Auction YN No Cross Street 3316 Co Rd 316 Disclosures Lead PaintSeller Property Disclosure Existing Lease Type Gross Levels Three Or More Listing Terms CashConventional New Construction YN No Property Sub Type 5 Family or More Special Listing Conditions Package Tax Annual Amount 4126 Tax Annual Amount Description No Exemptions Tax Year 2025 Unit Count 3 Utilities Electricity ConnectedSewer ConnectedUnderground UtilitiesWater Connected Water Source Public

Listing provided courtesy of On-Point Property Advisors: 573-290-2050. Listing information © 2026 Mid America Regional Information Systems, Inc.
Listing information © 2026 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2026-09-14T12:39:41.167.

Friend Real Estate | eXp Realty: 573-207-6033
 
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707 S Bishop Ave Suite 5
Rolla MO, 65401