215 W Montgomery Street, Odessa, MO 64076
Local realty services provided by:Better Homes and Gardens Real Estate Kansas City Homes
215 W Montgomery Street,Odessa, MO 64076
$550,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: gregory mccord
Office: exp realty llc.
MLS#:2628323
Source:MOKS_HL
Price summary
- Price:$550,000
About this home
Attention investors! Don’t miss out on this excellent, low-maintenance income property centrally located just off 2nd Street in the heart of Odessa. Built in 2003, this stable multifamily asset offers an incredible opportunity to add a strong cash-flowing property to your portfolio.
The property boasts a history of high stability with multiple long-term tenants currently in place. All units are currently rented on a month-to-month basis at $750/month, offering a new owner immediate rental income with significant, flexible upside potential to bring rents to market rate.
The building is designed for seamless property management with separate meters for all units, keeping your operational overhead incredibly low.
Property Highlights
Strong Layout: 6 total units featuring 12 bedrooms and 6 bathrooms (functional 2-bed, 1-bath floor plans).
Immediate Income: Fully occupied/active units pulling in a steady $750/month each.
Value-Add Potential: All leases are month-to-month, offering excellent additional income potential through strategic modern upgrades or market rate adjustments.
Tenant-Paid Utilities: Units are individually metered; tenants are responsible for their own utility bills.
Low Maintenance: Built in 2003 with durable frame construction, a dedicated surface parking lot, and a low-maintenance exterior.
Important Showing Information
Please Read Carefully Before Requesting a Showing: Out of strict respect for our long-term tenants' privacy, occupied units are not accessible for initial walk-throughs.
Showings will be exclusively scheduled for a single unit. Full inspection of all remaining units will be accommodated and allowed only upon an accepted contract.
Bring your portfolio to the next level with a reliable, stabilized asset with clear growth potential in Lafayette County....
Contact an agent
Home facts
- Year built:2003
- Subdivision & Development:Other
- Listing ID #:2628323
- Added:49 day(s) ago
- Updated:August 14, 2026 at 08:45 AM
Rooms and interior
- Basement:Yes
Heating and cooling
- Cooling:Electric
Structure and exterior
- Roof:Composition
- Year built:2003
- Lot area:0.39 Acres
- Construction Materials:Concrete, Vinyl Siding
Schools
- High school:Odessa
- Middle school:Odessa
- Elementary school:Odessa
Utilities
- Water:City/Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
Parking
- Total parking spaces:12
- Parking description:Paved
New listings near 215 W Montgomery Street
- New
$199,900Active2 beds 3 baths1,433 sq. ft.337 E Main Street, Odessa, MO 64076
MLS# 2635996Listed by: HOMES BY DARCY LLC - New
$389,000Active3 beds 2 baths1,800 sq. ft.1152 Lafayette Drive, Odessa, MO 64076
MLS# 2634325Listed by: REAL BROKER, LLC
$275,000Pending4 beds 3 baths1,482 sq. ft.511 Quail Creek Drive, Odessa, MO 64076
MLS# 2634712Listed by: HERITAGE REALTY
$2,500,000Active-- beds -- baths7705 Steep Hill Drive, Odessa, MO 64076
MLS# 2634505Listed by: REALTY EXECUTIVES
$292,000Pending3 beds 3 baths1,300 sq. ft.309 E Phillips Street, Odessa, MO 64076
MLS# 2634577Listed by: WEICHERT REALTORS - GENERATIONS
$295,000Pending3 beds 3 baths2,295 sq. ft.408 E Walnut Street, Odessa, MO 64076
MLS# 2633907Listed by: HERITAGE REALTY
$600,000Active4 beds 3 baths2,800 sq. ft.9618 Greenton Road, Odessa, MO 64076
MLS# 2633832Listed by: HERITAGE REALTY
$165,000Active2 beds 1 baths1,400 sq. ft.314 E Main Street, Odessa, MO 64076
MLS# 2629497Listed by: REAL BROKER, LLC-MO
$585,000Active5 beds 4 baths2,680 sq. ft.6565 Tucker Drive, Odessa, MO 64076
MLS# 2633811Listed by: HERITAGE REALTY
$780,000Pending4 beds 3 baths3,000 sq. ft.10782 Starr School Road, Odessa, MO 64076
MLS# 2633149Listed by: REECENICHOLS - LEES SUMMIT