703 N Carolina ST, Louisiana, MO 63353
703 N Carolina ST, Louisiana, MO 63353
703 N Carolina ST, Louisiana, MO 63353
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$159,900
Est. payment /mo
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3,926 SqFt
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703 N Carolina ST Louisiana, MO 63353

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Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,926 sqft

Price per Sqft $40

Subdivision Original Town

MLS Listing ID 26023166

Style Traditional

Year Built 1860

Annual Tax Amount $695

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type 2-4 Units

Property Description

Exceptional investment opportunity in the heart of Louisiana, MO! This impressive historic three-unit income-producing property is generating immediate cash flow with two units currently occupied by solid, reliable tenants with a good rental history — putting money in your pocket from day one. A third unit is vacant and move-in ready, offering the opportunity to maximize your rental income immediately upon closing. Full financial details including income, expenses, and cap rate are strong and available upon request.

What makes this property especially attractive to investors is the incredibly low expense structure. Tenants pay all utilities including heat, electric, and trash, keeping landlord overhead to an absolute minimum. Clean tenant history with no evictions and no notices to quit — this is a well-managed, stable investment.

The property itself is a true standout. This beautiful historic two-story home offers 3,046 square feet — one of the largest properties in the market — with 6 bedrooms and 3 full bathrooms spread across three units. Hardwood floors run throughout, and the stunning covered front porch with classic columns and iconic stone foundation give this property the kind of curb appeal that photographs beautifully and attracts quality tenants. Each unit includes a stove and refrigerator.

Ideally situated in a prime location directly across the street from three area churches, this property benefits from a peaceful, established neighborhood setting that tenants love and that supports long-term occupancy stability.

Sold in its present condition. All leases, pro-rated rents, and security deposits transfer to buyer at closing. Do not disturb tenants. Showings by appointment only. Strong financials available upon request — call today!

Location

State MO

County Pike

Area 554 - Pike R-2 - Louisiana

Rooms

Basement Sump Pump

Interior

Interior Features Kitchen/Dining Room Combo

Heating Natural Gas

Cooling Wall/Window Unit(s)

Flooring Tile, Wood

Fireplace N

Appliance Gas Cooktop, Exhaust Fan, Range, Range Hood, Refrigerator, Water Heater

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Entry Steps/Stairs

Parking Features false

Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Connected

View Y/N No

Roof Type Asphalt

Private Pool false

Building

Lot Description Back Yard

Story 2

Water Public

Level or Stories Two

Structure Type Brick,Vinyl Siding

Schools

Elementary Schools Louisiana Elem.

Middle Schools Louisiana Middle

High Schools Louisiana High

School District Louisiana R-Ii

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listing As Is


Listed by Rachel Moses • Juncture Real Estate, LLC

NEARBY SCHOOL & BUSINESS

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Danielle Jordan

Danielle Jordan

Broker/Salesperson

+1(573) 308-5933

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703 N Carolina ST