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,… Read More 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. Read Less
Listing Snapshot
Days Online
0
Property Type
Package Of Properties
Lot Size
1.14 Acres
Year Built
1984
MLS Number
2578809
Additional Details
Building
Construction Materials: "Brick/Mortar", "Concrete", Year Built: 1984
Cooling
Details: "Electric"
Heating
Heating: "Natural Gas"
Home Owner's Association
Fee: 0, Dues Frequency: None
Lot
Size: 49663
Property
Zoning: Res
Roof
Description: "Composition"
Sewer
Sewer: "Public Sewer"
Utilities
Water Source: "City/Public - Verify", Utilities: "Master Meters", "Separate Meters"
Listing courtesy of Lutz Sales + Investments 913-426-5576
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The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright , Heartland Multiple Listing Service, Inc. Heartland MLS and Legendary Apartment Brokers do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Listings last updated on ,
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