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Property view

855 M And O Station Road, 
Millstadt, IL 62260

$520,000

Last List Price

Bed


Bath


3,600

Sq Ft


Multi-Family

Sold

Listed by

Judy Ross

Bought with Southern Illinois Realty, LLC

Southern Illinois Realty, LLC.

MLS#

26006463

Source:

MO MARIS

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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

Sold:

April 3, 2026


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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