215 W Montgomery ST, Odessa, MO 64076
215 W Montgomery ST, Odessa, MO 64076
215 W Montgomery ST, Odessa, MO 64076
Listed by Gregory Mccord • EXP Realty LLC
$550,000
Est. payment /mo
$550,000
Est.Price: ?

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0.39 Acres Lot
SOLD DATE : 08/20/2026

Key Details

Sold Price $550,000

Property Type Single Family Home

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 2628323

Sold Date 08/20/26

Year Built 2003

Annual Tax Amount $3,773

Lot Size 0.388 Acres

Acres 0.38799357

Property Sub-Type Apartment

Source hmls

Property Description

Attention investors! Don't miss out on this excellent, low-maintenance income property centrally located just off 2nd Street in the heart of Odessa. Built in 2003, this stable multifamily asset offers an incredible opportunity to add a strong cash-flowing property to your portfolio.

The property boasts a history of high stability with multiple long-term tenants currently in place. All units are currently rented on a month-to-month basis at $750/month, offering a new owner immediate rental income with significant, flexible upside potential to bring rents to market rate.

The building is designed for seamless property management with separate meters for all units, keeping your operational overhead incredibly low.

Property Highlights
Strong Layout: 6 total units featuring 12 bedrooms and 6 bathrooms (functional 2-bed, 1-bath floor plans).
Immediate Income: Fully occupied/active units pulling in a steady $750/month each.
Value-Add Potential: All leases are month-to-month, offering excellent additional income potential through strategic modern upgrades or market rate adjustments.
Tenant-Paid Utilities: Units are individually metered; tenants are responsible for their own utility bills.
Low Maintenance: Built in 2003 with durable frame construction, a dedicated surface parking lot, and a low-maintenance exterior.
Important Showing Information
Please Read Carefully Before Requesting a Showing: Out of strict respect for our long-term tenants' privacy, occupied units are not accessible for initial walk-throughs.

Showings will be exclusively scheduled for a single unit. Full inspection of all remaining units will be accommodated and allowed only upon an accepted contract.

Bring your portfolio to the next level with a reliable, stabilized asset with clear growth potential in Lafayette County.

Location

State MO

County Lafayette

Zoning R3

Interior

Heating Electric

Cooling Electric

Fireplace N

Laundry Inside

Exterior

Parking Features false

Utilities Available Cent Water Heater

Roof Type Composition

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Concrete,Vinyl Siding

Schools

Elementary Schools Odessa

Middle Schools Odessa

High Schools Odessa

School District Odessa

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Heartland MLS KS / Southeast Kansas AOR
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