$2,791

closing credit¹

510 Washington Ave Cape Girardeau, MO 63701

$235,000
0.2 acres
Multi-Family

Property details

About 510 Washington Ave

This 3 unit building is an excellent investor opportunity OR perhaps you are looking to find a way to hoes hack--live in one unit and rent the others! This property has long term tenants. Two are month to month in the single bedrooms making $500/m each in gross rents and the upstairs 4 bedroom unit has a lease signed until July of 2025 for $1400/m in rent 100% HUD subsidized. New HVAC, new floors, and new paint in the upstairs unit and a finished attic area that created one more bed and additional living area. The other two units HVAC is only a few years old. Roof is 3-5 years. All electric and plumbing is up to date/newer. Again, this is an amazing investment opportunity and won't last long. Requires 24 hour notice as all units are occupied. And this building is agent owned.

Highlights

Home typeMulti Family
HeatingForced Air
StatusActive
CoolingElectric
Lot size0.215 Acres
Year built1900
ParkingOff Street, On Street
MLS #24073673

Summary

  • MLS Number: 24073673
  • MLS Name: MARIS
  • Office Name: EXP Realty, LLC

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 9:23:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of property featuring covered porch

$235,000

510 Washington Ave

$2,791

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$26,640$1,384
2023$26,640$1,384
2022$24,560$1,277
2021$24,560$1,276
2020$24,560$1,278
2018$24,560$1,276
2017$24,560$1,279

History based on county public records data.

Nearby schools

9

Blanchard Elementary School

Public District PK-4

1.3 mi

1829 N Sprigg St

1

Jefferson Elementary School

Public District PK-5

1.3 mi

520 S Minnesota St

4

Alma Schrader Elementary School

Public District KG-4

2.0 mi

1360 Randol Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $26,615. The most common annual income of people living in Cape Girardeau, MO is less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

64%
<35k
30%
35k-100k
4%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

57%
Single, No Kids
17%
Single, with Kids
17%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
7%
12-17 yrs old
42%
18-34 yrs old
26%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • SoccerSoccer
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Dominos PizzaDominos Pizza
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • PontiacPontiac
  • MazdaMazda
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 510 Washington Ave in Cape Girardeau, MO and zip code 63701. Features: 0 bathroom. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $235,000.

The inventory of homes for sale in Cape Girardeau, MO between December and January 2025 decreased by 4.8%. While the average time on the market in January 2025 was 99 days, the median list price was $219,657.

From Rocket Homes Real Estate and based on county public records data.

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