Listed by Marlene A Bell, EDGE Realty ERA Powered, (573) 335-8111 . Bought with EDGE Realty ERA Powered
116 Main St S
Chaffee, MO 63740
7 Beds
4 Baths
3,571 sqft
7 Beds
4 Baths
3,571 sqft
Local Information
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Description
INVESTOR ALERT – TOTAL LIST PRICE OF PROPERTY IS $375,000 AND INCLUDES BOTH 116 S. Main (4 UNIT Apartment Building) and 118 S. Main (5 Unit Apt Building) * These are two buildings with separate parcel #s – the adjoin each other * 4 unit apt building at 116 S. Main itself is an Outstanding Value and Great Income Producer – amazing Cap Rate of approx. 12% based on Market Value of $200,000 for 116 S. Main * One 1BR, 1BA - $550 * Three 2BR, 1 BA- $600. $600, $625 * Gross Operating Income: $29,400 * Fire destroyed interior of building 2009-was then re-designed with 4 units and reconstructed using the good bones with all new elec, plumbing, HVAC, cabinetry, walls, flooring, fixtures, etc. * Coin operated laundry plus Apt 1 & 2 have w/d hookups * Tenants pay electric * 2 car carport in rear *
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from April 29, 2025
Home Highlights
Parking
Open Parking
Outdoor
Patio, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 116 Main St S
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MLS Status: Closed |
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Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 3571 Square Feet |
Appliances & Utilities Appliances: Electric Water HeaterLaundry: In Unit |
Heating & Cooling Heating: Electric,BaseboardHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Electric |
Fireplace & Spa No Fireplace |
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Exterior Home Features Patio / Porch: Deck, PatioFencing: Partial |
Parking & Garage Has a CarportNo GarageHas Open ParkingParking: Carport,Off Street,On Street |
Frontage Road Surface Type: GravelNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 3571 Square Feet |
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Cumulative Days on Market: 59 |
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Year Built Year Built: 1906 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Brick Veneer, Other |
Property Information Parcel Number: 044.018.00001018007.00 |
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Price List Price: $200,000 |
Status Change & Dates Off Market Date: Thu Jun 22 2023Possession Timing: Close Of Escrow |
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Direction & Address City: ChaffeeCommunity: Town Of Chaffee |
School Information Elementary School: Chaffee Elem.Jr High / Middle School: Chaffee Jr.-Sr. HighHigh School: Chaffee Jr.-Sr. HighHigh School District: Chaffee R-II |
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Building Area Building Area: 3571 Square Feet |
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Association for this Listing: Southeast Missouri REALTORS |
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Lot Area: 3920.4 sqft |
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Special Conditions: Standard |
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Contingencies: Subject to Financing, Subject to InspectionListing Terms: Cash, Conventional |
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Business Information Ownership: Private |
Expense Tenant Pays: Electricity, Gas |
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Mls Number: 23022181Above Grade Unfinished Area: 3571Showing Requirements: Appointment Only, Call Listing Agent, Key In Office |
Last check for updates: about 18 hours ago
Listed by Marlene A Bell, (573) 604-2355
EDGE Realty ERA Powered
Bought with: Marlene A Bell, (573) 604-2355, EDGE Realty ERA Powered
Originating MLS: Southeast Missouri REALTORS
Source: MARIS, MLS#23022181
Price History for 116 Main St S
| Date | Price | Event | Source |
|---|---|---|---|
| 06/22/2023 | -- | Sold | MARIS #23022181 |
| 05/11/2023 | $200,000 | Contingent | MARIS #23022181 |
| 04/25/2023 | $200,000 | Listed For Sale | MARIS #23022181 |
| 03/10/2022 | -- | Sold | MARIS #21073526 |
| 01/13/2022 | $309,900 | Pending | MARIS #21073526 |
| 12/14/2021 | $309,900 | Listed For Sale | MARIS #21073526 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $52,740 |
Home facts updated by county records
Comparable Sales for 116 Main St S
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
7.78 | Multi-Family Home | - | 02/12/26 | 2 | 2 | 4,480 | |
7.86 | Multi-Family Home | - | 02/12/26 | 3 | 1 | 2,484 |
Assigned Schools
These are the assigned schools for 116 Main St S.
- Chaffee Elementary School
- PK-6
- Public
- 336 Students
4/10GreatSchools RatingParent Rating AverageThe classrooms at this school are ineffective, students are not learning properly, most teachers feel they are not responsible for helping students who have trouble understanding content, no one claims responsibility and you are will be redirected till you give up on the problem.Parent Review7y ago - Chaffee Jr.-Sr. High School
- 7-12
- Public
- 300 Students
3/10GreatSchools RatingParent Rating AverageI graduated as valedictorian from this school a few years back, so I'd like to think I'm well qualified to write this review. Most of the teachers are excellent and truly do care about their students, but the lack of resources and shallow course offerings really bring this school down. There is very little college prep, no AP courses, only one (ridiculously simple) foreign language offered in person, and few opportunities for outstanding students to distinguish themselves from the crowd. I often found my ability to excel treated as more of an inconvenience for the administration than an accomplishment. The sports teams are only average, and academics aren't taken very seriously, but if your just looking for an easy path to a high school diploma, this school may be for you.Other Review11y ago 
Check out schools near 116 Main St S.
What Locals Say about Chaffee
At least 9 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say kids play outside
95 % Say yards are well-kept
93 % Say there's holiday spirit
89 % Say people would walk alone at night
88 % Say parking is easy
82 % Say there are sidewalks
79 % Say it's walkable to restaurants
67 % Say streets are well-lit
62 % Say neighbors are friendly
60 % Say it's quiet
58 % Say car is needed
50 % Say there are community events
47 % Say it's walkable to grocery stores
43 % Say there's wildlife
27 % Say they plan to stay for at least 5 years
Learn more about our methodology.
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Off Market Homes Near 116 Main St S
116 Main St S, Chaffee, MO 63740 is a 7 bedroom, 4 bathroom, 3,571 sqft multi-family built in 1906. This property is not currently available for sale. 116 Main St S was last sold on Jun 22, 2023 for $175,000 (13% lower than the asking price of $200,000). The current Trulia Estimate for 116 Main St S is $209,100.