Odessa, MO 64076,200 E Otway ST
Odessa, MO 64076,200 E Otway ST
Odessa, MO 64076,200 E Otway ST
17
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Listed by Michelle Lutz • Lutz Sales + Investments
$1,630,000
Est. payment /mo
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1.14 Acres Lot
Pending

200 E Otway ST Odessa, MO 64076

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Hannah Murrell

Hannah Murrell

+1(913) 617-8335

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Package of Properties

Listing Status Pending

Purchase Type For Sale

Subdivision Mcburney'S Addition

MLS Listing ID 2578809

Year Built 1984

Annual Tax Amount $8,321

Lot Size 1.140 Acres

Acres 1.1401056

Property Sub-Type Package of Properties

Source hmls

Property Description

The Odessa Rental Portfolio presents a rare opportunity to acquire a diversified 21-unit multifamily package in the heart of Odessa, Missouri. Comprised of a duplex, fourplex, 7-plex, and 8-plex constructed between 1906 and 1984, the portfolio delivers strong diversification across studios, one-, two-, and three-bedroom layouts. All properties are well-maintained, fully leased, and offer on-site parking, providing both stability and tenant convenience. Perfect for local or out of state investors, this one is easy to own and cash flow.

Operations are streamlined through a utility recovery system, with select units sub-metered for electric and common water/gas expenses recaptured via tenant billing fees. The portfolio benefits from a long history of strong occupancy and diligent management, underscoring its proven track record of performance. With consistent cash flow already in place, the investment offers both immediate income and operational efficiency.

Positioned near schools, retail, and community amenities, the Odessa Rental Portfolio draws from strong tenant demand and retention drivers. Investors have the opportunity to capture additional upside through cosmetic upgrades and rental optimization at turnover, enhancing long-term value. With stability today and growth potential tomorrow, this portfolio represents a compelling multifamily investment in a growing suburban market.

Location

State MO

County Lafayette

Zoning Res

Interior

Heating Natural Gas

Cooling Electric

Fireplace N

Exterior

Parking Features false

Utilities Available Master Meters, Separate Meters

Roof Type Composition

Building

Story 2

Sewer Public Sewer

Water City/Public - Verify

Structure Type Brick/Mortar,Concrete

Schools

School District Odessa

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.dropbox.com/scl/fo/7g6kw3xdvxcnum2c9yqbs/AFRV1QGDffKiQfh8qqdhNVk?rlkey=dlxvte1baejbvhzzgi31y72lg&st=dir2cck1&dl=0

Heartland MLS KS / Southeast Kansas AOR

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 2
  • 4

    Odessa Upper Elementary School

    Public | 3 - 5

  • 0

    McQuerry Elementary School

    Public | PK - 2

Middle Schools 1
  • 6

    Odessa Middle School

    Public | 6 - 8

High Schools 1
  • 7

    Odessa High School

    Public | 9 - 12

School and business data provided by Attom Data.

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Hannah Murrell

Hannah Murrell

Agent

+1(913) 617-8335

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