118 E Morrison St Fayette, MO 65248
Estimated payment $1,793/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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®
MLS Number: 435696
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Ask me questions while you tour the home.