1020 E Washington St Doniphan, MO 63935
Estimated payment $10,713/month
Highlights
- No HOA
- 1-Story Property
- Baseboard Heating
- Doniphan Intermediate Rated 9+
About This Home
Investors take note! This 24 unit apartment complex has the potential to generate $23,276 monthly or $279,312 annually. There is a one bedroom unit being used as an onsite office. This for profit HUD complex offers nice, low maintenance exterior buildings, paved parking for tenants, all in a quiet and flourishing southeast Missouri town where units stay rented! The current manager has a waiting list so vacancies that cut into profits are minimal unless maintenance to the unit requires vacancy! With an onsite manager and management company willing to stay with the purchase, sit back and let the investment pay for itself. This complex generates enough income for the buyer to recoup their investment and still draw profit! There is a rent increase approved for October 1 of this year. The following amounts are current as of date, they will go up based on the amount approved in October.
The complex is comprised of the following:
8-1 bedrooms units that gross $829 each
12-2 bedroom units that gross $985 each
4-3 bedroom units that gross $1,206 each
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Townhouse Details
Home Type
- Townhome
Year Built
- Built in 1982
Lot Details
- Sloped Lot
- Few Trees
Home Design
- Brick Exterior Construction
Interior Spaces
- 17,028 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 24 Bedrooms
- 24 Full Bathrooms
Location
- City Lot
Schools
- Doniphan Elem. Elementary School
- Doniphan Middle School
- Doniphan High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Three-Phase Power
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- 24 Units
- Doniphan Manor Apartments Community
Listing and Financial Details
- Assessor Parcel Number 107137260010340010
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/21/2026 04/21/26 | For Sale | $1,700,000 | -- | $100 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,040,000 | Future Advance Clause Open End Mortgage |
Source: MARIS MLS
MLS Number: MIS26024251
APN: 13-7.0-26-001-034-001.000
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MARIS MLS as distributed by MLS GRID
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Ask me questions while you tour the home.