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855 M And O Station Road, 
Millstadt, IL 62260

$520,000

—

Bed

—

Bath

3,600

Sq Ft

Multi-Family

Virtual Tour

Pending

Listed by

Judy Ross

Southern Illinois Realty, LLC.

Last updated:

February 15, 2026, 08:48 AM

MLS#

26006463

Source:

MO MARIS

About This Home

855 M And O Station Road

Investor Opportunity – 6-Unit Apartment Building | 10% Cap Rate Turnkey multifamily investment offering a 10% cap rate in Millstadt, IL, just 15 minutes from St. Louis County. This 6-unit apartment building is 90% occupied (5 of 6 units leased), providing strong in-place income with upside through lease-up of the remaining unit. Each unit offers 2 spacious bedrooms, 1 full bath, living room, and kitchen with appliances, plus a laundry closet with washer/dryer hookups. The property includes a rear asphalt parking lot for tenant convenience. Financials available to serious Pre-Approved Buyers Only! Recent major capital improvements minimize near-term expenses, including a new roof and 6" gutters installed in 2025 and all windows replaced. Located in a quiet country setting while remaining close to employment centers, retail, and services in the St. Louis metro area, supporting stable tenant demand. An ideal acquisition for investors seeking strong cash flow, solid fundamentals, and minimal deferred maintenance.

Home Facts

Multi-Family

Built in 1985

Price Summary

520,000

$144 per Sq. Ft.

MLS #:

26006463

Last Updated:

February 15, 2026, 08:48 AM

Rooms & Interior

Interior

Living Area:

3,600 Sq. Ft.

Structure

Structure

Architectural Style:

Apartment Style

Building Area:

3,600 Sq. Ft.

Year Built:

1985

Lot

Lot Size (Sq. Ft):

12,196

Finances & Disclosures

Finances

Price:

$520,000

Price per Sq. Ft:

$144 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.