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586 St Marys Street #566-651, 
Pilot Knob, MO 63663

$2,750,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Jeffrey S Vroman

Valley Real Estate

Last updated:

August 12, 2026, 03:38 PM

MLS#

26043543

Source:

MO MARIS

About This Home

586 St Marys Street #566-651

50 UNIT APARTMENT COMPLEX IN ARCADIA VALLEY Rare opportunity to acquire a 50-unit multifamily portfolio in Arcadia Valley, Missouri one of Southeast Missouri's’ steadily growing rental markets. The offering includes 50 residential units and 1 Laundry unit in 19 buildings on 10 acres. 30-1 bedroom, 1 bath units 7-2 bedroom, 1 bath units 12-2 bedroom, 2 bath units 1-3 bedroom, 2 bath unit 1- Laundry with rehab potential for income producing amenity Property is located in Pilot Knob, Missouri in Iron County about 80 miles south of St Louis, and 17 miles south of Farmington. Apartments are on Hwy 21 near Hospital, Post office, stores and restaurants. Currently 96% occupied with an 8% Cap rate. $2,750,000

Home Facts

Multi-Family

Built in 1986

Subdivision & Development:

Countryside

Price Summary

2,750,000

MLS #:

26043543

Last Updated:

August 12, 2026, 03:38 PM

Added:

a month ago

Structure

Structure

Architectural Style:

Apartment Style, Ranch

Year Built:

1986

Lot

Lot Size (Sq. Ft):

435,600

Finances & Disclosures

Finances

Price:

$2,750,000

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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.