207 S 5th Street, Louisiana, MO 63353
Other · Pike County
Key Facts
Description
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 Information
Property Type
Residential Income
Sub-Type
Apartment
Year Built
1978
Stories
2
Lot Size
0.36 acres
Zoning
other
Days on Market
195
MLS® Listing#
2594641
Property Features
Exterior
Cooling
Heating
Parking
Laundry
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$5,661
Parcel Number
08-04-18-004-043-001.000
Directions
South on highway 79, west on south Carolina street, and turn south on south 5th street. The apartment complex is located on the corner of south Carolina street and south 5th street.
Affordability Calculator
$202,000
Estimated monthly payment
$5,376/mo
Principal $808,000 · Est. interest $1,127,232 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Louisiana, MO
- $375,000
- Median Listing Price
- 95
- Median Days on Market
- 2,936
- Median Sq Ft
- $96
- Median Price / Sq Ft
- 21
- Active Listings
- This home’s price is 169% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Louisiana, MO.
Location
Getting Around
Points of Interest in Louisiana, MO
Showing the Louisiana area map.
Nearby Schools
Louisiana Elementary School
Elementary · 1.2 mi away
Louisiana R-II School District
School · 1.5 mi away
Louisiana Middle School
Secondary · 1.5 mi away
Louisiana High School
Secondary · 1.5 mi away
Pike County Head Start Center
School · 1.7 mi away
Boncl Elementary School
Elementary · 4.9 mi away
Pleasant Hill Elementary School
Elementary · 9.6 mi away
Bowling Green Middle School
Secondary · 11.2 mi away
Bowling Green High School
Secondary · 11.2 mi away
Bowling Green R-1 School District
Elementary · 11.2 mi away
Bowling Green Elementary
Elementary · 11.2 mi away
Lillian Schaper School
School · 11.2 mi away
Bowling Green Christian Academy
School · 11.5 mi away
Clopton High School
Secondary · 12.1 mi away
Pike Lincoln Technical Center
Secondary · 14.1 mi away
St Clement School
School · 14.4 mi away
Frankford Elementary
Elementary · 14.9 mi away
Pact Headstart
School · 15.6 mi away
Pittsfield South Elementary School
Elementary · 16.5 mi away
Pittsfield High School
Secondary · 16.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4015 Pike 9140, Louisiana, MO | $1,000,000 | 4 | 1 | 1,686 |
| 4015 Pike 9140, Louisiana, MO | $1,000,000 | 4 | 1 | 1,686 |
| 207 S 5th Street, Louisiana, MO | $1,010,000 | — | — | 11,728 |
| 207 S Main Street, Louisiana, MO | $1,200,000 | — | — | 13,420 |
| 207 S Main Street, Louisiana, MO | $1,200,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Louisiana
Listing Courtesy: Juncture - 816-301-6531
Last Updated: 2026-01-02
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