$305,000

325 N Lorimier St Cape Girardeau, MO 63701

Estimated payment $1,668/month

Total Views 15,594
4 Beds
4 Baths
3,148 Sq Ft
$97 Price per Sq Ft

Highlights

  • Ranch Style House
  • Corner Lot
  • Covered Patio or Porch
  • Blanchard Elementary School Rated A-
  • No HOA
  • 3-minute walk to Washington Park

About This Home

Investor Alert! Cashflowing quadriplex located on Lorimier tucked neatly away on a corner lot in downtown Cape Girardeau. Currently, three of the four units are leased: Unit #1: 2-bed/1-bath at $800/month; Unit #2: 1-bed/1-bath at $525/month; Unit #3: Studio $500 rent per month; Unit #4: 1-bed/1-bath at $625/month w/ 1-car garage. Central heat and air, gas water heater installed in 2012, washer/dryer hookups in basement, shared parking pad located on side of building. Lots of classic charm with built-in cabinets and hardwood flooring throughout, call to learn more!

Listing Agent

Jacob Fish

Edge Realty License #2010013545 Listed on: 06/13/2025

Edge Realty

Co-Listing Agent

Alex Kies

Edge Realty License #2020016319

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $514

Year Built

  • Built in 1920

Lot Details

  • 0.31 Acre Lot
  • Corner Lot
  • Few Trees
  • Back Yard

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Side Facing Garage
  • Side by Side Parking
  • Shared Driveway
  • Off-Site Parking

Home Design

  • Quadruplex
  • Ranch Style House
  • Studio
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,148 Sq Ft Home
  • Built-In Features
  • Wood Frame Window
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Vinyl Flooring
  • Washer and Electric Dryer Hookup

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Laundry in Basement
  • Basement Storage

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Fire Pit

Location

  • City Lot

Schools

  • Blanchard Elem. Elementary School
  • Central Jr. High Middle School
  • Central High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 16-719-00-29-00200-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • Other Expense $7,946
  • Net Operating Income $11,854

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$514

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1920
  • Directions: GPS-friendly
  • Property Sub-Type: 2-4 Units
  • ResoLaundryFeatures: In Basement, Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Back Yard, City Lot, Corner Lot, Few Trees
  • Lot Size Acres: 0.31
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Total Gross Income: 19800
  • Co List Office Mls Id: MISRECC01
  • Co List Office Phone: 573-335-8111
  • Co List Office Phone: 573-335-8111
  • Outside Inclusions: Building,Fixtures,Land
  • MLS Status: Active
  • Subdivision Name: Hardesty
  • Architectural Style: Ranch/2 story
  • Carport Y N: No
  • Reso Fireplace Features: Living Room
  • New Construction: No
  • Reso Structure Type: Quadruplex
  • Reso Window Features: Aluminum Frames, Wood Frames
  • Financial Info Electric: 220 Volts
  • MIS_PoolYN: 0
  • MIS_UnitCount: 4
  • MIS_AuctionYN: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Exterior Entry, Interior Entry, Storage Space, Unfinished, Walk-Out Access
  • Interior Amenities: Built-in Features
  • Appliances: Oven, Range, Refrigerator, Gas Water Heater
  • Basement YN: Yes
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Vinyl

Exterior Features

  • Fencing: None
  • Roof: Asphalt
  • Waterfront: No
  • Disclosures: Lead Paint, No Other Known Restrictions, See Seller's Disclosure
  • Construction Type: Concrete, Vinyl Siding
  • Exterior Features: Balcony, Fire Pit
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Covered

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Attached Garage: Yes
  • Parking Features: Asphalt, Garage, Garage Faces Side, Off Site, Parking Pad, Private, Shared Driveway, Side By Side, Varies by Unit

Utilities

  • Cooling: Central Air, Electric, Multi Units
  • Heating: Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Blanchard Elem.
  • Junior High Dist: Cape Girardeau 63
  • High School: Central High
  • Middle Or Junior School: Central Jr. High

Lot Info

  • Parcel Number: 16-719-00-29-00200-0000

Rental Info

  • Owner Pays: Gas, Hot Water, HVAC Maintenance, Repairs, Roof, Sewer, Trash, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 514

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 11854
  • Number Of Units Leased: 3

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

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 For Sale $305,000 -- $97 / Sq Ft
Source: MARIS MLS

Source: MARIS MLS

MLS Number: MIS25041361

MARIS MLS