206-216 E South Ave Belton, MO 64012
Estimated payment $3,787/month
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
Sellstate Heartland Realty Brokerage Phone: 913-624-9993 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
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/06/2026 03/06/26 | For Sale | $650,000 | 0.0% | $187 / Sq Ft |
| 02/24/2026 02/24/26 | Pending | -- | -- | -- |
| 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 |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $451,500 | New Conventional |
Source: Heartland MLS
MLS Number: 2592276
APN: 1534600
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Ask me questions while you tour the home.