221 Main Street, Garden City, MO 64747
Local realty services provided by:ERA High Pointe Realty
221 Main Street,Garden City, MO 64747
$345,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: nick benge
Office: midwest land group
MLS#:2618105
Source:MOKS_HL
Price summary
- Price:$345,000
About this home
Located in the heart of Garden City, Missouri, this fully occupied fourplex offers a strong, stable investment opportunity with immediate cash flow and recent updates already completed. The property consists of four 2BR/1BA units, all currently leased with written agreements in place and tenants paying consistently.
Current monthly rents range from approximately $950 to $1,040 per unit, providing steady income with room for long-term growth.
The building was originally constructed in 1920 and underwent a full renovation in 2024, bringing the property up to modern standards while maintaining its solid structure . Major improvements include a newer roof, updated HVAC systems, and newer water heaters, all approximately 2 years old, significantly reducing near-term capital expense concerns .
Each unit is equipped with essential appliances, including stove, and refrigerator, providing added convenience for tenants as well as a laundry area for all tenants. Utilities are landlord-paid, with total average utility costs reported at approximately $7,454 annually, allowing for simplified management and consistent occupancy .
Annual real estate taxes are approximately $992, and the property has been professionally managed, making for a smooth transition for a new owner.
With strong occupancy, recent renovations, and reliable tenants already in place, this property presents a true turnkey opportunity for investors seeking consistent income in a growing rental market....
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Home facts
- Year built:1920
- Listing ID #:2618105
- Added:56 day(s) ago
- Updated:June 29, 2026 at 03:33 PM
Heating and cooling
- Cooling:Electric
- Heating:Natural Gas
Structure and exterior
- Roof:Synthetic
- Year built:1920
- Lot area:0.08 Acres
- Construction Materials:All Brick
Utilities
- Water:City/Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$345,000
Parking
- Parking description:On Street
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