$2,700,000
SOLD APR 24, 2026
Last list price

1 Proactive Dr New Florence, MO 63363

42 Beds
37 Baths
14,000 Sq Ft
2.93 Acres Lot

Sale Details

Date Sold: April 24, 2026

$193 Per Sq Ft

15 Days on Market

Highlights

  • No HOA
  • Home Security System
  • Forced Air Heating System
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of April 2026

This well-maintained 36-unit property features 31-1beds, 4-2beds, and 1 commercial space. The asset has undergone major capital improvements in the last few years, including a new roof, new siding, and electrical upgrades, delivering true peace of mind for the next owner. With these significant updates completed, this is a low-maintenance, turnkey investment. The property is currently operating at an impressive 10% cap rate with stable operations, low vacancy, and strong cash flow. Rental demand remains consistent while the commercial space is a prime opportunity to add additional income. This asset offers both immediate and returns and future upside potential.

Last Agent to Sell the Property

James Anderson

Salient Realty Group, LLC License #2019046652 Listed on: 01/07/2026

Last Buyer's Agent

Joseph Ogden

Trophy Properties & Auction License #2010006382

Trophy Properties & Auction

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,266

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • 2.93 Acre Lot

Home Design

  • 14,000 Sq Ft Home
  • Vinyl Siding

Bedrooms and Bathrooms

  • 42 Bedrooms
  • 37 Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Open Parking
  • Parking Lot

Schools

  • Montgomery City Elem. Elementary School
  • Montgomery Co. Middle School
  • Montgomery Co. High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 11-8.0-27-000-000-016.001

Community Details

Overview

  • No Home Owners Association
  • 36 Units

Building Details

  • Other Expense $65,084
  • Net Operating Income $272,137

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,266

Year Built

Built in 1982 | Remodeled

Lot Details

2.93 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1982
  • Property Sub-Type: 5 Family or More
  • Lot Size Acres: 2.93
  • ResoSecurityFeatures: Fire Alarm, Security System, Smoke Detector(s)
  • Co List Office Phone: 314-374-3687
  • MLS Status: Closed
  • Subdivision Name: N/A
  • Above Grade Finished Sq Ft: 14000
  • Architectural Style: Apartment Style
  • Carport Y N: No
  • New Construction: No
  • ResoPropertyCondition: Updated/Remodeled
  • PreviousStatus: Pending
  • MIS_PoolYN: 0
  • MIS_UnitCount: 3
  • MIS_AuctionYN: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Electric Water Heater
  • Basement YN: No
  • Total Bedrooms: 42
  • Fireplace: No

Exterior Features

  • Waterfront: No
  • Disclosures: Unknown
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Open, Parking Lot

Utilities

  • Cooling: Electric, Wall Unit(s)
  • Heating: Electric, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Montgomery City Elem.
  • Junior High Dist: Montgomery Co. R-II
  • High School: Montgomery Co. High
  • Middle Or Junior School: Montgomery Co. Middle

Lot Info

  • Lot Size Sq Ft: 127630.8
  • Parcel Number: 11-8.0-27-000-000-016.001

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 23266

Multi Family

  • Number Of Units Total: 36
  • Net Operating Income: 272137
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2026 04/24/26 Sold -- -- --
01/22/2026 01/22/26 Pending -- -- --
01/07/2026 01/07/26 For Sale $2,700,000 +80.0% $193 / Sq Ft
09/28/2022 09/28/22 Sold -- -- -- View Prior Sale
08/05/2022 08/05/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $1,500,000 -- $107 / Sq Ft
Source: MARIS MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $23,266 $343,420 $0 $0
2024 $218 $318,210 $0 $0
2023 $21,937 $318,210 $0 $0
2022 $6,650 $96,420 $0 $0
2021 $5,945 $86,340 $0 $0
2020 $5,618 $79,140 $0 $0
2019 $5,613 $79,140 $0 $0
2018 $5,560 $79,140 $0 $0
2017 $5,842 $84,160 $0 $0
2016 $7,522 $108,450 $0 $0
2015 -- $108,450 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS26000912

MARIS MLS

APN: 11-8.0-27-000-000-016.001

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