$359,000
SOLD SEP 30, 2024
Last list price

208 N 1st St Odessa, MO 64076

-- Bed
-- Bath
3,240 Sq Ft
0.25 Acres

Recently Sold

$111 Per Sq Ft

18 Days on Market

About This Home

As of September 2024

Welcome to the 1st Street Fourplex, a 2-story, 3,240 sq ft building featuring updated finishes throughout. Each unit offers 2 bedrooms and 1 bathroom. Enjoy the convenience of on-site parking. Average rents are $852, with a new lease recently signed at $919/month. This is an incredible opportunity for the right investor! All units have been updated and feature all electric utilities with in unit washer dryer hookups.

Rental demand in Odessa is strong. Easy ownership with all utilities with the exception of water paid by the tenants. Several choices in the area for 3rd party property management. Been thinking about investing? Now is your chance!

Last Agent to Sell the Property

Michelle Lutz

Lutz Sales + Investments Brokerage Phone: 913-426-5576 License #SP00239672 Listed on: 08/09/2024

Last Buyer's Agent

Non MLS

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,093

Year Built

  • Built in 2008

Lot Details

  • 10,890 Sq Ft Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,240 Sq Ft Home
  • 2-Story Property
  • Basement

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Utilities

  • Central Air
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 14-7.0-36-4-002-086.000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Mc Burneys Addition Subdivision

Building Details

  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,093

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 2008
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Michelle Lutz
  • List Office Mls Id: HMSLUTZS
  • List Office Name: Lutz Sales + Investments
  • List Office Phone: 913-426-5576
  • Mls Status: Sold
  • Operating Expense: 2093
  • Age Description: 16-20 Years
  • Tax Special Amount: 0
  • Tax Total Amount: 2093
  • Value Range Pricing YN: 0
  • Maintenance Provided YN: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 10000.00
  • Major Repair Description: new roof 10k
  • Package: No
  • Attribution Contact: 913-426-5576
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Concrete, Frame, Vinyl Siding

Garage/Parking

  • Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Sewer: City/Public
  • Utilities: Separate Meters
  • Cooling: Yes
  • Water Source: City/Public - Verify

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Accurate Title

Schools

  • Junior High Dist: Odessa

Lot Info

  • Zoning: I-1
  • Building Area Total: 3240
  • Lot Size Area: 10890
  • Lot Size Sq Ft: 10890
  • Parcel Number: 14-7.0-36-4-002-086.000
  • Subdivision Name: Mc Burneys Addition
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Building Info

  • Number of Units Total: 4

Rental Info

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

Multi Family

  • Gross Income: 40800
  • Current Occupancy Rate: Under 80%
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 2093
  • Tax Abatement YN: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Sep 30, 2024
Sold by
Odessa Capital Group Llc
Bought by
Aetius Investment Holdings Llc
Seller's Agent
Michelle Lutz
Lutz Sales + Investments
Buyer's Agent
Non MLS
Non-MLS Office
List Price
$359,000
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.99%
Original Mortgage
$1,010,000
Outstanding Balance
$1,004,404
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
-$646,553
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,010,000 New Conventional
Previous Owner $164,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 For Sale $429,000 +19.5% $132 / Sq Ft
09/30/2024 09/30/24 Sold -- -- --
08/27/2024 08/27/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $359,000 -- $111 / Sq Ft
Source: Heartland MLS

Tax History Compared to Growth

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 $2,095 $27,684 $0 $0
2023 $2,093 $27,684 $0 $0
2022 $2,071 $27,684 $0 $0
2021 $2,073 $27,684 $0 $0
2020 $2,073 $27,578 $0 $0
2019 $2,069 $27,578 $0 $0
2018 $1,904 $27,578 $0 $0
2017 $1,904 $27,579 $0 $0
2016 $1,732 $125,040 $11,140 $113,900
2012 -- $113,050 $11,140 $101,910
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Heartland MLS

MLS Number: 2502548

Heartland MLS

APN: 14-7.0-36-4-002-086.000