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Listed price in listed location currency (USD).
$525,000

002

MLS® 10072890

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2600 sqft
Garage Yes
Taxes 
Days Active 0
Lot Size 
Approx. Age 1998
Avg. Price Per Sqft $201
MLS® Number 10072890

Property Address: 5119 Deer Ridge, Jefferson City, MO, 65109

Average square foot calculated using Size range provided by listing agent.

Description

Value-Add 4-Unit Investment Opportunity with Strong Rental Upside! Well-located and partially updated 4-unit apartment building offering a great opportunity for investors seeking both immediate income and future growth. The property features a desirable unit mix of two 3 bed / 2 bath units with 1-car garages and two 2 bed / 1 bath units, appealing to a wide tenant base. Current gross annual income is approximately $47, 400 with 75% occupancy, as one unit is currently vacant and undergoing renovation--positioning the next owner to place a tenant at market rent. Significant upside potential: Under-market rents on Units C & D with $100-$300/month increase potential Strong market support for projected rents of approximately $1, 300 (3 bed units) and $950 (2 bed units) Proforma gross income of approximately $54, 000 annually Recent improvements include Unit A fully remodeled in 2024, Unit D remodeled in 2024, and Unit B currently being renovated, allowing for continued value enhancement. Unit C provides an additional opportunity for future updates and rent growth. Additional peace of mind with a newer roof (installed approx. 6 months prior to 2021 purchase). With a solid unit mix, ongoing improvements, and clear path to increased cash flow, this property offers an ideal blend of stability, upside, and long-term investment potential.
MLS® Number10072890
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1998
BasementWalk-Out Access
DrivewayAdditional Parking
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 24, 2026List Date
$525,000List Price
  • Commute

Commute

Starting Address
Destination Address
5119 Deer Ridge, Jefferson City, MO

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