- – beds
- – baths
- 6,800 sqft
- ~2 acre lot
- $108 per sqft
- 1940 build
- – on site
Cha-Ching! You'll be rolling in the dough with this turn-key investment opportunity that consists of five duplex buildings totaling 10 rental units - all on 1.95 acre of land. This sale includes an extra parcel of land with 1.24 acre for future development - (reference Shiloh Zoning for possibilities). Both parcels are zoned B3 (Duplex units are considered grandfathered). Each duplex unit consists of 2 bedrooms, living room, kitchen and full bath. Rents vary from $750 to $830 - so there is plenty of room for increases. Get in on the ground floor before land prices go up with the Frank Scott Parkway extension development coming soon- just across from Bobbie Drive. Located within minutes from the Scott AFB main gate, popular Shiloh/O'Fallon Schools and a park like setting....now that's a winner! New roof in Apr 2025 on Unit 118 & 120. (Please Do Not Disturb tenants - Do Not Walk Around Units). ....You snooze you loose!
Last checked:
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Last updated May 8, 2025
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MLS# 25024200 —
The Building
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Year Built:1940
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Number Of Buildings:5
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Construction Materials:Vinyl Siding
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Architectural Style:Low/1-2
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Unit Number:102-120
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Unit Count:1
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Number Of Units Total:10
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Basement:false
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Above Grade Finished Area:6,800 Sqft
Interior
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Fireplace:false
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Living Area Source:Assessor
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Living Area:6800
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Laundry Features:None
Financial & Terms
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Listing Terms:Cash, Conventional
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Ownership Type:Private
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Possession:Close Of Escrow
Location
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Longitude:-89.883043
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Latitude:38.559228
The Property
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Property Sub Type:5 Family or More
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Property Type:Residential Income
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Parcel Number:09-04.0-302-001
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Lot Size Acres:1.95
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Lot Size Area:1.95
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Lot Size Units:Acres
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Lot Size Square Feet:84,942 Sqft
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Lot Size Dimensions:490.65 x 29 x 127.87 x 540.31 IRR
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Lot Size Source:Public Records
Listing Agent
- Contact info:
- Agent phone:
- (618) 345-2111
- Office phone:
- (618) 345-2111
Taxes
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Tax Year:2023
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Tax Annual Amount:$11,045
Heating & Cooling
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Cooling:Ceiling Fan(s), Central Air, Electric
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Heating:Forced Air, Natural Gas
Utilities
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Sewer:Septic Tank
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Water Source:Public
Appliances
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Appliances:Gas Water Heater
Schools
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Elementary School:Shiloh Village Dist 85
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Middle School:Shiloh Village Dist 85
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High School:OFallon
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High School District:Shiloh Village Dist 85
The Community
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Subdivision Name:Third Principal Meridian Sec 4
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Pool:No
Parking
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Parking Features:On Street, Unassigned
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Garage:false
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Carport:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/2/25
May 2, 2025
|
Listed / Active | MARIS | $735,000 |