Date
Details
Price
Change
Source
6/15/2026
Listed
$10,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/19
$10,500,000
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1/19
Property Description
115-unit value-add multifamily portfolio | 8.05% in-place (T3) cap, 9.41% proforma stabilized Strong unit mix - 80% of units are 2 beds Proven rent-up model: 2/3rds of units renovated, 1/3rd remaining for proven upside Market rent spread of at least $137/unit/month across non-renovated units High growth submarket - Franklin County: 4% vacancy, 2.2% annual population growth Dual-asset structure: 89-unit flagship complex and 26-unit garden community Extremely supply-constrained submarket
Full Property Details
Full Property Details for 1027 Caroline Dr
General
- Price: $10,500,000
- Status: Under Contract
- Type: Single Family
- Source: MARIS
- MLS ID: 26038016
- Updated: 7/30/2026
- Added to Site: 82 day(s) ago
Location
- Area: 366 - Washington School
- County: Franklin
- Township: Washington
- Subdivision: Sunrise Valley & Madison Place Apartments
- Driving Directions: GPS is Best!
School Information
- High School District: Washington
- Elementary School: South Point Elem.
- Middle School: Washington Middle
- High School: Washington High
Community
- Units Assoc/Comm: 115
Heating & Cooling
- Cooling Type: Central Air Conditioning, Wall Unit(s)
Structural Information
- Architectural Style: Apartment Style
- Square Feet: 105,000
- Year Built: 1974
Disclosures and Reports
- Special Conditions: Standard
- Disclosures/Reports: None
- Property ID: 10-7-26.0-2-011-077.001
Listed by Salient Realty Group, LLC
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Listing agents
— 1027 Caroline Dr —
Salient Realty Group, LLC
Salient Realty Group, LLC
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1027 Caroline Dr
School District:Washington School District
| Name | Grades | Distance |
|---|---|---|
South Point Elementary School 4328 Saint Johns Road, Washington, MO 63090 | K-6 | 3.2 mi |
Washington Middle School, Washington, MO 401 East 14th Street, Washington, MO 63090 | 7-8 | 0.6 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 1027 Caroline Dr
Tax History
Tax History for 1027 Caroline Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$518
13%
$9,289
15%
2024
$457
—
$8,056
—
2023
$457
11%
$8,056
11%
2021
$412
—
$7,275
—
2022
$413
—
$7,275
10%
2021
$412
6%
$6,601
—
2019
$388
3%
$6,601
4%
2018
$377
—
$6,377
—
2017
$377
7%
$6,377
5%
2016
$352
—
$6,054
—
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 1027 Caroline Dr
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- Single Family
- Active
- Updated 6 hours ago
- 4Beds
- 6Total Baths
- 5,518Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 4Total Baths
- 2,986Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 3Total Baths
- 2,600Sq. Ft.
1027 Caroline Drive, Washington, MO 63090 (MLS# 26038016) is a Single Family property with 0 bedrooms and 0 full bathrooms. 1027 Caroline Drive is currently listed for $10,500,000 and was received on June 15, 2026. Want to learn more about 1027 Caroline Drive? Do you have questions about finding other Single Family real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.