$399,900
$30K PRICE DROP

200 S Main St Gerald, MO 63037

Estimated payment $2,172/month

Total Views 785
3 Beds
1 Bath
3,724 Sq Ft
$107 Price per Sq Ft

About This Home

Price Reduced to $399,900. Excellent Income Property. 6 Unit Apartment building. 100% rented. Recent updates include almost the entire interior, new electric, plumbing, water heaters, drywall, insulation, flooring, and more. All apartments passed municipal inspection within the last year.

Last Listed By

Jim Lambert

RealtyNet Service Realtors License #1999019112 Listed on: 05/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $601

Year Built

  • Built in 1905

Lot Details

  • 5,445 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 3,724 Sq Ft Home
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Schools

  • Gerald Elem. Elementary School
  • Owensville Middle School
  • Owensville High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • 6 Units
  • Net Operating Income $35,529

Listing and Financial Details

  • Assessor Parcel Number 25-1-110-1-001-029000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$601

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Cross Street: Hwy 50
  • Year Built: 1905
  • Directions: From Hwy 50 heading West from Union. Take Hwy 50 West to Gerald to Right Main St. about 1 block from Hwy 50. On the corner of S Main Street and 2nd Street.
  • Property Sub-Type: 5 Family or More
  • Lot Size Acres: 0.125
  • Total Gross Income: 44820
  • Co List Office Phone: 636-5835100
  • Outside Inclusions: Building,Land
  • MLS Status: Active
  • Subdivision Name: O T Of Gerald
  • Above Grade Finished Sq Ft: 3724
  • Carport Y N: No
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No
  • Total Bedrooms: 3
  • Fireplace: No
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Disclosures: Unknown, Code Compliance Required, Flood Plain No, Occupancy Permit Required, Other
  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Central Air, Electric, Window Unit(s)
  • Heating: Baseboard, Forced Air, Varies by Unit, Electric
  • Water Source: Public

Schools

  • Elementary School: Gerald Elem.
  • Junior High Dist: Gasconade Co. R-II
  • High School: Owensville High
  • Middle Or Junior School: Owensville Middle

Lot Info

  • Lot Dimensions: 50/50/X109/109
  • Lot Size Sq Ft: 5445
  • ResoLotSizeUnits: Acres
  • Parcel Number: 25-1-110-1-001-029000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Operating Expense: 9291
  • Number Of Units Total: 6
  • Number Of Units Furnished: None
  • Net Operating Income: 35529

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 601

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $601 $9,289 $0 $0
2023 $601 $24,267 $0 $0
2022 $1,310 $22,483 $0 $0
2021 $1,309 $22,483 $0 $0
2020 $1,170 $19,737 $0 $0
2019 $1,175 $19,737 $0 $0
2018 $1,026 $17,013 $0 $0
2017 $1,025 $17,013 $0 $0
2016 $983 $16,213 $0 $0
2015 $981 $16,213 $0 $0
2014 $980 $16,213 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Price Changed $399,900 -7.0% $107 / Sq Ft
05/01/2025 05/01/25 For Sale $429,900 0.0% $115 / Sq Ft
04/30/2025 04/30/25 Price Changed $429,900 -- $115 / Sq Ft
04/30/2025 04/30/25 Off Market -- -- --
Source: MARIS MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 New Conventional
Source: Public Records

Source: MARIS MLS

MLS Number: MIS25028194

MARIS MLS

APN: 25-1-110-1-001-029000