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703 N Carolina Street, Louisiana, MO 63353

$159,900
  • 703 N Carolina Street, Louisiana, MO 63353 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET3,926 MLS#26023166
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONOriginal Town SCHOOLLouisiana R-II

Property Description

Exceptional investment opportunity in the heart of Louisiana, MO! This impressive historic three-unit income-producing property is generating immediate cash flow with two units currently occupied by solid, reliable tenants with a good rental history - putting money in your pocket from day one. A third unit is vacant and move-in ready, offering the opportunity to maximize your rental income immediately upon closing. Full financial details including income, expenses, and cap rate are strong and available upon request. What makes this property especially attractive to investors is the incredibly low expense structure. Tenants pay all utilities including heat, electric, and trash, keeping landlord overhead to an absolute minimum. Clean tenant history with no evictions and no notices to quit - this is a well-managed, stable investment. The property itself is a true standout. This beautiful historic two-story home offers 3,046 square feet - one of the largest properties in the market - with 6 bedrooms and 3 full bathrooms spread across three units. Hardwood floors run throughout, and the stunning covered front porch with classic columns and iconic stone foundation give this property the kind of curb appeal that photographs beautifully and attracts quality tenants. Each unit includes a stove and refrigerator. Ideally situated in a prime location directly across the street from three area churches, this property benefits from a peaceful, established neighborhood setting that tenants love and that supports long-term occupancy stability. Sold in its present condition. All leases, pro-rated rents, and security deposits transfer to buyer at closing. Do not disturb tenants. Showings by appointment only. Strong financials available upon request - call today!

703 N Carolina Street | MLS# 26023166

This multi-family property located at 703 N Carolina Street, Louisiana, MO 63353 is currently listed for sale with an asking price of $159,900. N Carolina Street is located within the Louisiana R-II school district. Search Louisiana real estate on greenbank.redkeystlouis.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Sump Pump
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Home Style: Traditional
Lot Size: 0.21 Acres
Roof Type: Asphalt
Taxes: $695
Year Built: 1860

Amenities

Kitchen/Dining Room Combo

Feature Descriptions

Appliances: Gas Cooktop, Exhaust Fan, Range, Range Hood, Refrigerator, Water Heater
Exterior: Brick, Vinyl Siding
Laundry: Electric Dryer Hookup, Washer Hookup
Lot: Back Yard
Parcel#: 08-04-18-004-045-007.000
SQFT. Above Grade: 3926
Units: 3
Water: Public

Local Schools

High School: Louisiana High
Middle School: Louisiana Middle
Elementary School: Louisiana Elem.
School District: Louisiana R-II

Listed By / Shown By

Listed By

Agency Name: Juncture Real Estate, LLC

Shown By

Agent Name: Green and Bank Group
Agent Phone:
Agency Title: RedKey Realty Leaders

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Estimate Your Payment

Estimated Payment

$ 975.71 per month $871.16 Principal & Interest $57.92 Property Tax $46.64 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)

David Ames, Sales Manager, NMLS #738479

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 1:45:22 AM EST) or MARIS MLS (last updated Fri 04/17/2026 12:11:25 AM EST). Real estate listings held by brokerage firms other than RedKey Realty Leaders may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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