Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Paslay Realtors, Inc.
Property view
Listing view 2
Listing view 3

231 Good Hope Street, 
Cape Girardeau, MO 63703

$429,900


4

Beds


2

Baths


3,215

Sq Ft


Single Family

Active

Listed by

Amber L Hamilton

Century 21 Ashland Realty

Last updated:

December 23, 2025, 04:04 PM

MLS#

25078287

Source:

MO MARIS

About This Home

231 Good Hope Street

Own a piece of Cape Girardeau history with this beautifully preserved 1900 bungalow overlooking the Mississippi River. Sitting high on Good Hope Street in the Historic Downtown District, this property has been thoughtfully converted into two separate units, each with its own private entrance—an ideal setup for house hacking, multi-generational living, or investment. The main-level unit, River Dusk, showcases original character at every turn—10 ft ceilings, oversized windows, glass French doors, and the beautifully maintained green-tiled fireplace with a marble hearth. The updated kitchen features granite countertops, custom deep cabinetry, stainless appliances, and a gas range. This level offers 2 bedrooms, 1 bathroom with original tile and a clawfoot tub, a walk-in pantry, laundry room, and a covered front porch with river views. The upper-level unit, River Dawn, has its own private entrance and a bright, inviting layout with refinished Antique Hart Pine floors. This unit includes 2 bedrooms, a large bathroom with a double-sink vanity, soaking tub, and walk-in shower, a modern kitchen with island seating and stainless appliances, private laundry, and a living room with a bay window framing panoramic river and bridge views. The property is currently operated as furnished short-term rentals, and all furnishings are included—creating a true turnkey opportunity for the next owner. At the list price of $429,900, the property produces a 7.27% cap rate, offering strong cash-flow potential in a highly desirable downtown location. Both units share a fully fenced backyard and enjoy the walkability of Historic Downtown Cape—local shops, dining, the riverfront, and the Saturday farmers market are just a short stroll away. Whether you’d like to live in one unit and rent the other, continue operating successful furnished rentals, or explore long-term leasing options, this property offers flexibility, historic character, and unmatched views rarely found in Cape Girardeau.

Home Facts

Single Family

2 Baths

4 Bedrooms

Built in 1900

Price Summary

429,900

$133 per Sq. Ft.

MLS #:

25078287

Last Updated:

December 23, 2025, 04:04 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

3,215 Sq. Ft.


Structure

Structure

Architectural Style:

Craftsman

Building Area:

3,215 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

7,492


Finances & Disclosures

Finances

Price:

$429,900

Price per Sq. Ft:

$133 per Sq. Ft.

MLS Logo
Copyright 2026 Mid-America Regional Information Systems. All rights reserved. Listings courtesy of Mid-America Regional Information Systems as distributed by MLS GRID

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.

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.