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Proven income-producing fourplex with strong occupancy and clear value-add potential. All units are 3 bedroom and currently rent at $950/month, providing immediate cash flow with upside for future rent increases. Owner covers water, trash, lawn care, and snow removal; tenants pay remaining utilities. Recent improvements include new flooring and paint, with one fully renovated unit featuring a new kitchen and appliances—demonstrating the ability to continue updating units and drive rents. 2025 financials reflect a one-time spike in expenses due to restoration and capital improvements, significantly impacting reported NOI. Prior years show substantially stronger performance, and with stabilized expenses, the property supports a much stronger pro forma return. All units are leased through April 2027, providing secure, predictable income and minimizing near-term vacancy risk. Strong rental history, solid tenant base, and opportunity to increase income through continued updates make this an attractive long-term investment or portfolio addition
- Directions
- From 603 N Main go N to W 7th, E on W 7th to 702 E 7th
- Subdivision
- None
- City
- Maryville
- County
- Nodaway
- Property Type
- Residential Income / Quadruplex
- Listing Updated
- Apr 11, 2026 at 1:04pm
- MLS Number
- 2609899
- Property Tax
- $0
- Zoning
- $R-2M
- Home Owners Association
- No
- Disclaimer
- The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2026, Heartland Multiple Listing Service, Inc. Heartland MLS, Elite Realty and Agent Jo do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.
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- Information is deemed reliable but is not guaranteed.
Copyright © 2026 ELITE Realty.