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Fayette, MO Multifamily Homes & Duplexes for Sale

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  • 118 E Morrison St, Fayette, MO 65248
    118 E Morrison St, Fayette, MO 65248
    118 E Morrison St, Fayette, MO 65248
    /30

    $299,999

    • 6,642 Sq Ft

    118 E Morrison St, Fayette, MO 65248

    Come see one of Fayette's most beautifully constructed two-story buildings. This turnkey and fully occupied all brick building is located on the main square in Fayette, MO. Offering an exceptional opportunity for investors or owner-operators. Built in 1900 and thoughtfully restored in recent years, this asset known to its current owner as "Fayette Square" combines historic character with modern

    John Curry JCRP Management, LLC

    118 E Morrison St, Fayette, MO 65248
  • 309 Lucky St, Fayette, MO 65248
    309 Lucky St, Fayette, MO 65248
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    $175,000

    309 Lucky St, Fayette, MO 65248

    **Turnkey Investment Opportunity!** Start generating income from day one with this well-maintained triplex featuring three 1-bedroom, 1-bath units. Each unit is individually metered, allowing tenants to pay their own utilities, helping maximize your return on investment and minimize owner expenses. The property also offers ample off-street parking, an attractive amenity for tenants. Whether

    Matthew Buerky JCRP Management, LLC

    309 Lucky St, Fayette, MO 65248
  • 406 W Morrison St, Fayette, MO 65248
    406 W Morrison St, Fayette, MO 65248
    406 W Morrison St, Fayette, MO 65248
    /6

    $170,000

    406 W Morrison St, Fayette, MO 65248

    If you've been looking for a great investment opportunity, this recently remodeled duplex is one you won't want to miss. Renovated from the studs out, this property offers modern updates throughout while providing immediate rental income. The duplex features one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit. Both units are currently rented, making this a turnkey investment for your

    Matthew Buerky JCRP Management, LLC

    406 W Morrison St, Fayette, MO 65248
Missouri Howard County Fayette

Multi-Family Homes & Duplexes for Sale in Fayette, MO

Why Live in Fayette

Fayette, located in central Missouri's Howard County, is a small city with a population of about 2,800. Known for its Victorian homes and natural beauty, Fayette is home to Central Methodist University, which significantly influences the local culture and attracts many to the area. The city features a historic district with preserved Victorian homes, brick rowhouses, and a Classical Revival courthouse. Housing options range from turn-of-the-century bungalows and colonials to midcentury ranch-style homes on larger lots. Fayette's City Park and D.C. Rogers Lake offer various recreational activities, including fishing, boating, camping, and hiking. The Besgrove-Hodge Wildlife Sanctuary provides trails through protected woodlands. Local dining options, such as LaFayette on the Square and Fireside Bakes and Brews, draw visitors from nearby cities like Columbia. While shopping is limited, essential groceries can be found at C&R Market. Fayette's annual Festival of the Arts, held on the first Saturday of August, features music, exhibits, and various activities, making it a highlight of the city's social calendar. Convenient highway access via State Routes 5 and 240 makes commuting to Columbia or Boonville manageable, with St. Louis and Kansas City being 150 miles and 120 miles away, respectively.

Learn more about living in Fayette

Home Prices in Fayette, MO

The median home sale price in Fayette, MO is $178,500, down 11% year-over-year. Homes in Fayette sell in 48 days on average, compared to the national average of 57 days.

Home Price Trends

Median Sale Price
$178,500
Median Single Family Sale Price
$200,000
Median 2 Bedroom Sale Price
$139,950
Average Price Per Sq Ft
$111
Number of Homes for Sale
6
Last 12 months Home Sales
18
Months of Supply
4.00
Median List Price
$181,200
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
-11%
How to Buy a Home How to Finance a Home How to Sell a Home

In Fayette, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $170,000 to $299,999, there's a range to accomodate every budget. As of July, 2026 the median home price in Fayette is $181,200, while the average sale price is $178,965, offering insights into the local housing market. On average, multi-family homes spend 48 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Fayette, MO.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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