Investment Opportunity! Looking to add a value-add property to your rental portfolio? This property offers excellent income potential with the opportunity to create a 3-unit apartment building through renovations and updates.
The main-level unit features 3 bedrooms and 1 bathroom and is occupied by a long-term tenant of 10+ years, currently renting for $800 per month. The upper-level unit is currently vacant and previously rented for $600 per month, offering immediate upside with minimal effort.
The basement provides an exciting opportunity to create a third income-producing unit, allowing you to maximize cash flow and increase your return on investment. With the right vision and improvements, this property has the potential to become a strong-performing asset in your portfolio.
Whether you're an experienced investor or looking for your next project, this property offers long-term value and tremendous upside. Don't miss this opportunity to build equity and grow your rental income!
Property Features
Cooling Information
Electric
Multi Units
Separate Meters
Varies by Unit
Basement
Exterior Entry
Full
Walk-Out Access
Heating Information
Baseboard
Varies by Unit
Water Features
Public
Utilities
Electricity Connected
School Information
School Information for 609 Themis Street, Cape Girardeau, MO 63701
Elementary School
Franklin Elem.
Middle School
Central Jr. High
High School
Central High
Listing Courtesy: EXP Realty, LLC - 866-224-1761
Presented by: Christina Essner
Based on information submitted to the MLS GRID as of 2026-08-04 10:20:18 . 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.
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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.