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$1,630,000
New Listing

200 E Otway Street
Odessa, MO 64076

For Sale|Residential Income|Active
0
Beds
0
Total Baths
10,808
SqFt
$151
/SqFt
1984
Built
Subdivision:
McBurney's Addition
County:
Lafayette
200 E Otway Street200 E Otway Street200 E Otway Street200 E Otway Street
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Mortgage Calculator

Monthly Payment (Est.)

$7,437
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

The Odessa Rental Portfolio presents a rare opportunity to acquire a diversified 21-unit multifamily package in the heart of Odessa, Missouri. Comprised of a duplex, fourplex, 7-plex, and 8-plex constructed between 1906 and 1984, the portfolio delivers strong diversification across studios, one-, two-, and three-bedroom layouts. All properties are well-maintained, fully leased, and offer on-site parking, providing both stability and tenant convenience. Perfect for local or out of state investors, this one is easy to own and cash flow. Operations are streamlined through a utility recovery system, with select units sub-metered for electric and common water/gas expenses recaptured via tenant billing fees. The portfolio benefits from a long history of strong occupancy and diligent management, underscoring its proven track record of performance. With consistent cash flow already in place, the investment offers both immediate income and operational efficiency. Positioned near schools, retail, and community amenities, the Odessa Rental Portfolio draws from strong tenant demand and retention drivers. Investors have the opportunity to capture additional upside through cosmetic upgrades and rental optimization at turnover, enhancing long-term value. With stability today and growth potential tomorrow, this portfolio represents a compelling multifamily investment in a growing suburban market.

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Listing Snapshot
Price 
$1,630,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,808 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.14 Acres
Year Built 
1984
MLS® Number 
2578809
Status 
Active
Property Tax 
$8,321
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
16 hours agoListing updated with changes from the MLS®
16 hours agoListing first seen on site
General Features
Acres 
1.14
Number Of Stories 
2
Parking 
Off StreetOn Street
Sewer 
Public Sewer
SqFt Total 
10808
Water Source 
Public
Zoning 
Res
Interior Features
Cooling 
Electric
Heating 
Natural Gas
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Exterior Features
Construction Details 
ConcreteBrick
Roof 
Composition
Community Features
Financing Terms Available 
CashConventional
MLS Area 
210 - Lafayette County, Mo
School District 
Odessa
Schools
School District
Odessa
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Lutz Sales + Investments Michelle@lutzre.com



The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2025, Heartland Multiple Listing Service, Inc. Heartland MLS and Lutz Sales + Investments do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration of the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.
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Last checked 2025-10-14 09:28 AM CDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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