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$2,000,000
2 Beds
1 Bath
23,744sqft
245 Chambers Rd, Riverview, MO 63137
$2,000,000
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Multi Family
Built in 1965
$-- HOA
1.07 acres lot
$84/sq.ft
Description
Welcome to Chevelle Apartments! Exceptional opportunity to acquire a well-maintained 32-unit apartment community comprised of eight (8) four-family brick buildings on approximately 1.07 acres. The property is currently 28 of 32 units occupied, with ownership actively leasing the remaining vacancies. Based on the current asking price and the reported 2025 Net Operating Income of $165,953, the property offers an approximate 8.3% CAP rate. Units rent for $850/month.
The complex consists of spacious 2-bedroom, 1-bath units, with the majority featuring beautiful hardwood floors or luxury vinyl plank flooring. Plumbing has been updated, and the owner has continually invested...
- Houzeo last checked: 55 minutes ago
- Listing updated: August 3, 2026 at 7:31 am
- Listing Provided by: Jessica Vargas (636) 734-3797 | Nettwork Global (636) 614-5132
- Source: MARIS MLS-MO | MLS#: MIS26045194
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1965
HOA Fees
-
Finished Area
23,744 sqft
Lot Size
1.07 acres lot
Basement Area
- sqft
MLS Name
MARIS MLS
MLS Number
MIS26045194
MLS Status
Active
Days on Market
1
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
