Listing provided courtesy of On-Point Property Advisorsas Distributed by MLSGrid- MLS# 26034038MLS Provider

121 East Rodney Drive #HCape Girardeau, MO 63701

Multi-Family
$1,170,000 Active

121 East Rodney Drive #H Overview

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16-Unit Multi-Family Portfolio Near Arena Park – Must Sell Together. Strong cash-flowing portfolio located between Themis and Independence Street, walking distance to Arena Park. Total scheduled rent is $12,700/month. Tenants pay for all utilities. 100% occupancy. No delinquencies. 121 Rodney: Six (6) 2-bedroom units with in-unit washer/dryers, dishwashers, window A/C and baseboard heat. 51 Hazel: Two (2) 2-bedroom and eight (8) 1-bedroom units with coin laundry, baseboard heat; nine (9) units with window A/C, PTACs and one (1) unit with central A/C. The complex also has a large utility garage and storage room. Current rent roll, T12, and recent CapEx summary available. Opportunity for value add. 48-hour notice required for showings to qualified borrowers. Drive-by only, please do not disturb tenants. Broker Owned.

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121 East Rodney Drive #H Facts & Features

  • Type Multi-Family

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Cape Girardeau 63
  • Elementary School: Clippard Elem.
  • Middle Or Junior School: Central Jr. High
  • High School: Central High

Income/Expenses

  • Existing Lease Type: Gross

Building Information

  • New Construction: false
  • Year Built: 1974

Location/Region

  • County Or Parish: Cape Girardeau
  • Subdivision Name: La Messa Second Subdivision

Tax Information

  • Tax Annual Amount: 4126
  • Tax Year: 2025

General Information

  • Disclosures: Lead Paint,Seller Property Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: Refer to Agent Only Comments
  • Property Sub Type: 5 Family or More
  • Property Type: Residential Income
  • Special Listing Conditions: Package

Interior

Parking Information

  • Garage: true

Beds/Baths

  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bedrooms Total: 0

General Information

  • Basement: Full
  • Cooling: Central Air,Electric,Varies by Unit,Wall/Window Unit(s)
  • Fireplace: false
  • Flooring: Carpet,Tile,Vinyl
  • Heating: Baseboard,Electric,Forced Air,Varies by Unit
  • Laundry Features: See Remarks
  • Levels: Three Or More

Unit Information

  • Unit Number: H

Exterior

Parking Information

  • Parking Features: On Site

Lot Information

  • Number Of Buildings: 2
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Apartment Style
  • Construction Materials: Brick Veneer
  • Roof: Composition

General Information

  • Carport: false
  • Number Of Units Total: 16
  • Utilities: Electricity Connected,Sewer Connected,Underground Utilities,Water Connected

Unit Information

Unit 3 Details

  • Unit Type: 1 Bedroom
  • Actual Rent: 650
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 8

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Actual Rent: 900
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 6

Unit 2 Details

  • Unit Type: 2 Bedroom
  • Actual Rent: 900
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 2

121 East Rodney Drive #H Neighborhood

Community

63701 (Cape Girardeau) Demographics

34
Median Age
289
Population Density (per sq. mile)
44%
College Educated
$53,147
Estimated Median Income
9,102
Estimated Total Home Owners
5,512
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

121 East Rodney Drive #H Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

121 East Rodney Drive #H Market Data

Based on the last 30 days in this zip code

$406,714
Average List Price
$161
Average Price per Square Foot
47
Properties Sold
81
Average Days on Market
151
Properties for Sale
Calculations provided by Reliance Network

121 East Rodney Drive #H History

Date Event Value Agent
6/5/2026Source: Missouri - MARIS MLS Status Change
Active
5/31/2026Source: Missouri - MARIS MLS Added to Database
May 31, 2026