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$1,195,000
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Property Description
Incredible and Rare opportunity to own a beautifully restored, income-producing historic landmark in the heart of Historic Hermann! Built around 1880, this impressive 2½-story brick building offers multiple revenue streams and a prime downtown location just steps from Hermann's shops, restaurants, wineries, and attractions. Extensively updated in 2020, the property features new electrical service and wiring, plumbing, bathrooms, water heaters, water softener, HVAC systems, a metal roof, stonework, third-floor vinyl windows, and a spacious composite deck. A rear main-level addition was completed in 2023, further enhancing the property's functionality and appeal. The building includes three retail spaces-two leased storefronts on the main level and one second-floor studio currently occupied by the owner, each with its own half bath. The second floor also features four established short-term rental guest suites, operating as The Artist Suites, each with a private full bath. The third floor offers a loft apartment that is currently leased, providing yet another reliable income source. Additional highlights include a stone storage building, off-street parking for six vehicles with convenient alley access, and an unbeatable downtown location in one of Missouri's premier tourist destinations. Whether you're looking to expand your investment portfolio or own a turnkey mixed-use property with proven income potential, this one-of-a-kind Hermann landmark is an opportunity you won't want to miss! This is a Duplicate Listing of MLS# 26043923
Full Property Details
Full Property Details for 409 Market St
General
- Price: $1,195,000
- Taxes: $4,454 (2025)
- Status: Active
- Type: Single Family
- Source: MARIS
- MLS ID: 26040618
- Updated: 7/9/2026
- Added to Site: 17 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Bookcases, Built-in Features, Ceiling Fan(s), Center Hall Floorplan, High Ceilings, Historic Millwork, Natural Woodwork, Storage, Track Lighting
- Appliances: Dishwasher, Oven, Range, Refrigerator, Washer/Dryer, Washer/Dryer Stacked, Water Heater, Water Softener
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 5
- Half Bathrooms: 3
- Main Floor Baths: 2
Bedrooms
- Total Bedrooms: 5
- Bedrooms Main & Up: 5
Parking
- Parking Features: Additional Parking, Alley Access, Off Street
Location
- Area: 420 - Hermann R-1G
- County: Gasconade
- Township: Hermann
- Subdivision: Market Street
- Driving Directions: From Missouri River Bridge go 4 blocks south on Hwy 19 & Market Street to property on the left.
School Information
- High School District: Gasconade Co. R-I
- Elementary School: Hermann Elem.
- Middle School: Hermann Middle
- High School: Hermann High
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air Conditioning, Electric, Heat Pump, Multi Units
- Heating Type: Electric, Forced Air, Heat Pump, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Historic, Victorian
- Basement: Yes
- Basement Desc.: Dirt Floor, Full, Sump Pump, Unfinished
- Roof: Metal
- Square Feet: 7,200
- Year Built: 1880
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,969.6
- Lot Size Source: Public Records
- Lot Dimensions: 60 x 120
- Lot Features: City Lot, Level
Financial Considerations
- Tax Amount: $4,454
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Lead Based Paint
- Disclosures/Reports: Flood Plain No, Historic Restriction, Lead Paint, Seller Property Disclosure
- Property ID: 02-7.0-25-003-021-014.000
Listed by Hartman Real Estate
Get Pre-Approved Today
Schools
Schools serving 409 Market St
School District:Gasconade County R-I School District
| Name | Grades | Distance |
|---|---|---|
Hermann Elementary School 328 West 7th Street, Hermann, MO 65041 | PK-3 | 0.4 mi |
Hermann Middle School 164 Blue Pride Drive, Hermann, MO 65041 | 4-8 | 1.1 mi |
Hermann High School 176 Bearcat Crossing, Hermann, MO 65041 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 409 Market St
Date
Details
Price
Change
Source
6/26/2026
Listed
$1,195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 409 Market St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,454
7%
$65,420
674%
2024
$4,163
—
$8,450
-86%
2023
$4,146
—
$60,120
—
2021
$4,147
—
$60,121
—
2022
$4,139
34%
$60,120
34%
2020
$3,087
—
$44,780
—
2018
$3,088
7%
$44,780
1%
2016
$2,882
—
$44,150
-1%
2016
$2,882
—
$44,780
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 409 Market St
409 Market Street, Hermann, MO 65041 (MLS# 26040618) is a Single Family property with 5 bedrooms, 5 full bathrooms and 3 partial bathrooms. 409 Market Street is currently listed for $1,195,000 and was received on June 26, 2026. Want to learn more about 409 Market Street? Do you have questions about finding other Single Family real estate for sale in Hermann? You can browse all Hermann real estate or contact a Coldwell Banker agent to request more information.

