$650,000

206-216 E South Ave Belton, MO 64012

Estimated payment $3,817/month

Total Views 6,251
-- Bed
6 Baths
3,468 Sq Ft
$187 Price per Sq Ft

Highlights

  • 48,352 Sq Ft lot
  • 6 Car Attached Garage
  • Paved or Partially Paved Lot
  • No HOA
  • Central Air

About This Home

Investment Opportunity in Belton, MO – Updated 6-Unit Property with Expansion Approval! Discover a rare multi-family investment in the heart of Belton, Missouri! This well-maintained 6-unit property - made up of three duplexes on 1.12 acres - offers immediate cash flow and exceptional future upside. With city-approved plans to build additional units, this is the perfect opportunity for investors seeking scale, stability, and long-term value. Each unit features 1 bedroom, 1 bathroom, and a 1-car garage, plus generous storage space - highly desirable features that keep these rentals consistently in demand. All units have been updated throughout, ensuring low maintenance and strong tenant satisfaction. The property is currently fully occupied and producing an impressive 7%+ cap rate, with room to push rents or further improve the asset for even greater returns. Situated in a growing area of Belton, this property offers excellent proximity to shopping, dining, major highways, and employment centers. The expansive lot provides flexibility for scaling your portfolio without the headache of acquiring more land - the city has already approved adding more units, creating a powerful value-add opportunity. Whether you're an experienced investor looking to expand your holdings or a new investor seeking a stable, income-producing asset with major upside, this property checks every box. Don’t miss this chance to secure a high-performing multi-family property with built-in growth potential. Opportunities like this are rare - schedule a tour or request financials today!

Listing Agent

Charles Gilbert

Sellstate Heartland Realty Brokerage Phone: 9136249993 License #BR00239605 Listed on: 12/15/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,407

Year Built

  • Built in 1970

Parking

  • 6 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 6 Bathrooms
  • 3,468 Sq Ft Home
  • 1-Story Property
  • Basement
  • Laundry in Basement

Schools

  • Belton Elementary School
  • Belton High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 1534600
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Belton Subdivision

Building Details

  • Gross Income $64,800

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,407

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1970
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Charles Gilbert
  • Listing Service: Full Service
  • List Office Mls Id: HMSSELL
  • List Office Name: Sellstate Heartland Realty
  • List Office Phone: 913-701-6911
  • Mls Status: Active
  • Operating Expense: 19000
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Package: No
  • Attribution Contact: 9136249993
  • Special Features: None

Interior Features

  • Basement: Yes
  • Laundry Features: In Basement
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick/Mortar
  • Road Surface Type: Paved

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 6

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Senior Community: No
  • Type Of Management: Owner Manager

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Continental Title

Schools

  • Middle/Junior School: Belton
  • Junior High Dist: Belton

Lot Info

  • Zoning: res
  • Building Area Total: 3468
  • Lot Dimensions: 156' x 310'
  • Lot Size Sq Ft: 48351.6
  • Parcel Number: 1534600
  • Subdivision Name: Belton
  • In Flood Plain: No

Building Info

  • Number of Units Total: 6

Rental Info

  • Existing Lease Terms: Month To Month,One Year Lease

Multi Family

  • Gross Income: 64800
  • Current Occupancy Rate: Over 95%
  • Unit Count: 6

Tax Info

  • Tax Annual Amount: 4407
  • Tax Abatement YN: 0

MLS Schools

  • Elementary School: Belton
  • High School: Belton

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2026 01/31/26 For Sale $650,000 0.0% $187 / Sq Ft
01/20/2026 01/20/26 Pending -- -- --
12/16/2025 12/16/25 For Sale $650,000 -- $187 / Sq Ft
Source: Heartland MLS

Purchase History

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

Mortgage History

Date Status Loan Amount Loan Type
Open $451,500 New Conventional
Source: Public Records

Source: Heartland MLS

MLS Number: 2592276

Heartland MLS

APN: 1534600