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$1,400,000
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Property Description
Exceptional investment opportunity featuring a well-maintained, 16-unit, all-brick apartment complex comprised of two-bedroom apartments, thoughtfully designed for residents (62 years of age and older). The community is centered around a serene courtyard with beautifully maintained landscaping, creating a welcoming and peaceful environment. This property operates under a multi-year Housing Assistance Payment (HAP) contract through the U.S. Department of Housing and Urban Development, making it eligible for automatic annual OCAF rent increases-providing stable, predictable income. The complex maintains near full occupancy, with 15 of 16 units leased to long-standing residents, supporting strong and dependable cash flow. Residents enjoy clean, functional living with coin-operated laundry facilities on both the upper and lower levels. The complex offers handicap-accessible features and is conveniently located near local amenities, including coffee shops, restaurants, clinics, and retail, providing excellent walkability and everyday convenience for residents.
Full Property Details
Full Property Details for 207 S 5th St
General
- Price: $1,400,000
- Taxes: $5,654 (2024)
- Status: Active
- Type: Single Family
- Source: MARIS
- MLS ID: 25083033
- Updated: 1/1/2026
- Added to Site: 15 day(s) ago
Interior
- Interior Features: Custom Cabinetry, Dining/Living Room Combo, Eat-in Kitchen, Kitchen/Dining Room Combo, Laminate Counters, Open Floorplan, Shower
- Appliances: Dryer, Exhaust Fan, Electric Oven, Refrigerator, Washer, Water Heater
Parking
- Parking Features: Additional Parking, Alley Access, Concrete, Driveway, On Site, Parking Lot
Location
- Area: 554 - Pike R-2 - Louisiana
- County: Pike
- Township: Louisiana
- Subdivision: Thomas Apartments
- Cross Streets: 8006 NE 77th St
- Driving Directions: South on highway 79, West on South Carolina street, and then go South on South 5th street. The apartment complex is located on the corner of South Carolina Street and South 5th Street at 207 South 5th Street, Louisiana, MO 63353.
School Information
- High School District: Louisiana R-II
- Elementary School: Louisiana Elem.
- Middle School: Louisiana Middle
- High School: Louisiana High
Community
- Units Assoc/Comm: 16
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Baseboard, Electric
Utilities
- Water: Public
- Utility Description: Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Structural Information
- Architectural Style: Apartment Style
- Basement Desc.: None
- Roof: Composition
- Square Feet: 11,728
- Year Built: 1978
Lot Features
- Lot Size (Acres): 0.369
- Lot Size (Sq. Ft.): 16,073.64
- Lot Size Source: Public Records
- Lot Features: Back Yard, Garden, Landscaped, Level
Financial Considerations
- Tax Amount: $5,654
- Tax Year: 2024
Disclosures and Reports
- Ownership: Private
- Special Conditions: Listing As Is
- Disclosures/Reports: Flood Plain No, See Seller's Disclosure
- Property ID: 08-04-18-004-043-001.000
Listed by Juncture Real Estate, LLC
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Schools
Schools serving 207 S 5th St
School District:Louisiana R-Ii School District
| Name | Grades | Distance |
|---|---|---|
Louisiana Elementary School 500 Haley Avenue, Louisiana, MO 63353 | PK-5 | 1.2 mi |
Louisiana Middle School 3321 Georgia Street, Louisiana, MO 63353 | 6-8 | 1.7 mi |
Louisiana High School 3321 Georgia Street, Louisiana, MO 63353 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 207 S 5th St
Date
Details
Price
Change
Source
1/01/2026
Listed
$1,400,000
—
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 207 S 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,662
15%
$88,160
—
2024
$4,906
—
$88,160
—
2023
$4,906
—
$88,160
—
2022
$4,899
—
$88,140
—
2021
$4,893
—
$88,140
—
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 207 S 5th St
207 S 5th Street, Louisiana, MO 63353 (MLS# 25083033) is a Single Family property with 0 bedrooms and 0 full bathrooms. 207 S 5th Street is currently listed for $1,400,000 and was received on January 01, 2026. Want to learn more about 207 S 5th Street? Do you have questions about finding other Single Family real estate for sale in Louisiana? You can browse all Louisiana real estate or contact a Coldwell Banker agent to request more information.

