$299,999

118 E Morrison St Fayette, MO 65248

Estimated payment $1,793/month

Total Views 150
-- Bed
-- Bath
6,642 Sq Ft
$45 Price per Sq Ft

About This Home

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 functionality. The property features two spacious ground-floor commercial spaces with direct street-front access, large display windows with ornate glasswork, and impressive high ceilings accented by detailed crown molding. Above each commercial unit are two generously sized residential apartments, each exceeding 1,600 square feet, both having very high ceilings throughout. One apartment offers 3 bedrooms and 2 full bathrooms, including walk-in showers and a large jacuzzi tub. The second apartment includes 2 bedrooms and 2 full bathrooms with shower/tub combinations. This solid, well-maintained building is ready for immediate use and presents a strong income-producing asset with very little owner-paid expense in a prime downtown location.

Listing Agent

John Curry

JCRP Management, LLC License #2022032187 Listed on: 07/02/2026

Co-Listing Agent

Matthew Buerky

JCRP Management, LLC License #2023006285

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,185

Year Built

  • Built in 1900

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Slab Foundation
  • Poured Concrete

Interior Spaces

  • 6,642 Sq Ft Home
  • Walk-Out Basement

Schools

  • Fayette Elementary And Middle School
  • Fayette High School

Additional Features

  • 4,833 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Fayette Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12-1.0-11-004-005-004.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,185

Year Built

Built in 1900

Lot Details

4,833 Sq Ft Lot

Listing Details

  • Lot Size: 33.091ft x 146.08ft
  • Prop. Type: Residential Income
  • Year Built: 1900
  • Property Sub Type: Other
  • Lot Size Acres: 0.11
  • Co List Office Phone: 660-774-4211
  • Subdivision Name: FAYETTE
  • Foundation Access:Walkout: Yes
  • Foundation Material:Poured Concrete: Yes
  • Foundation Material:Brick: Yes
  • Foundation Type:Slab: Yes
  • Cooling:Central Electric2: Yes
  • Cooling: Electric: Yes
  • Special Features: None

Exterior Features

  • Foundation Details: Brick/Mortar, Poured Concrete, Slab

Utilities

  • Cooling: Electric, Central Electric
  • Heating: Forced Air, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air2: Yes
  • Heating:Electric5: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Fayette
  • Junior High Dist: Fayette
  • High School: Fayette
  • Middle Or Junior School: Fayette

Lot Info

  • Lot Size Sq Ft: 4833.0
  • Parcel #: 12-1.0-11-004-005-004.000

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 3235.0

Tax Info

  • Tax Annual Amount: 2185.0
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
07/02/2026 07/02/26 For Sale $299,999 -- $45 / Sq Ft
Source: Columbia Board of REALTORS®

Source: Columbia Board of REALTORS®

MLS Number: 435696

Columbia Board of REALTORS®
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