207 South 5th Street
Multifamily
Marketing description
207 South 5th Street in Louisiana, Missouri presents a compelling opportunity for investors seeking dependable, recurring income. Operating under the U.S. Department of Housing and Urban Development's Housing Assistance Payments (HAP) Program, this multifamily property generates automatic rent payments directly from the federal government — eliminating the uncertainty and collection friction that often accompanies conventional rental portfolios.
Situated in a quiet residential neighborhood in Louisiana, MO, the property features classic brick construction with a shared courtyard, upper-level balconies, and recently updated interiors including new stainless steel fixtures and refreshed cabinetry. Adding further appeal for investors, coin-operated laundry rooms — with both a washer and dryer on each floor — provide a meaningful stream of additional ancillary income on top of HAP rental payments.
This property is owned by the same party as 207 South Main Street in Louisiana, MO — also currently listed for sale. The two properties may be acquired together, offering investors the ability to build an immediate, diversified multifamily portfolio in Louisiana under a single transaction. Owning both assets creates economies of scale in management, maintenance, and HAP program administration. Please see the 207 South Main Street listing for details.
Investment highlights
- Hap Program: Rental income paid automatically by the U.S. government. Stable, inflation-resistant cash flow with reduced vacancy risk.
- Brick Construction: Classic, low-maintenance brick exterior with balconies, shared courtyard, and mature tree canopy providing natural curb appeal.
- Updated Interiors: Refreshed kitchens with stainless double-basin sinks, new faucets, updated cabinetry, and fresh paint throughout.
- Walks Core: Within easy walking distance of Karl's Market (local grocery), area churches, and neighborhood services.
- Coin Laundry Income: Coin-operated laundry rooms with washers and dryers on both floors generate additional ancillary income beyond base rents — boosting overall investor returns.
- Near Full Occupancy: 15 of 16 units currently leased (94%) — delivering immediate, stable cash flow to the new owner from the very first day of closing.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
