215 W Montgomery St, Odessa, MO

Name: 215 W Montgomery St, For Sale in Odessa - eXp Realty
Brand: EXP Realty LLC
SKU: 2628323
Price: 550000 USD

Condo

For Sale

Listed price in listed location currency (USD).

$550,000

0012

MLS® 2628323

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Residential Income

Size -

Garage

HOA Fees

Taxes $3,773

Days Active 1

Approx. Age 2003

MLS® Number 2628323

Property Address: 215 W Montgomery St, Odessa, MO, 64076-5297

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

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.

MLS® Number2628323

Locker

Ensuite LaundryYes

Balcony

Furnished

Laundry LevelEnsuite

Exposure

Exterior

Garage

Approx. Age2003

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatElectric

A/CElectric

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 25, 2026List Date

$550,000List Price

Commute

Commute

Starting Address

Destination Address

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Listing Agent

Gregory Mccord

[email protected]

(816) 878-5123

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