Exceptional investment opportunity featuring a well-maintained, 16-unit, all-brick apartment complex comprised of two-bedroom apartments, thoughtfully designed for residents (62 years of age and older). The community is centered around a serene courtyard with beautifully maintained landscaping, creating a welcoming and peaceful environment.
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. The complex maintains near full occupancy, with 15 of 16 units leased to long-standing residents, supporting strong and dependable cash flow.
Residents enjoy clean, functional living with coin-operated laundry facilities on both the upper and lower levels. The complex offers handicap-accessible features and is conveniently located near local amenities, including coffee shops, restaurants, clinics, and retail, providing excellent walkability and everyday convenience for residents.
Property Features
Utilities
Electricity Available
Electricity Connected
Sewer Available
Sewer Connected
Water Available
Water Connected
Parking
Additional Parking
Alley Access
Concrete
Driveway
On Site
Parking Lot
Heating Information
Baseboard
Electric
Exhaust Fan
House Interior
Eat-in Kitchen
Laminate Counters
Open Floorplan
Cooling Information
Wall Unit(s)
Water Features
Public
Basement
None
School Information
School Information for 207 S 5th Street, Louisiana, MO 63353
Elementary School
Louisiana Elem.
Middle School
Louisiana Middle
High School
Louisiana High
Listing Courtesy: Juncture Real Estate, LLC - 816-479-4700
Presented by: Rachel Moses
Based on information submitted to the MLS GRID as of 2026-07-24 17:56:00 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Transportation
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Mid America Regional Information Systems.