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Excellent Multifamily Investment Opportunity in St. James, MO! Consider all the possibilities a nearly 4,000 sq. ft. building with four separate units can offer. Whether you're looking for a long-term rental investment, a short-term rental opportunity or a property where you can live in one unit while generating income from the others, this property offers plenty of flexibility. Each 954 sq ft unit features 2 bedrooms, 1 bathroom, a laundry hookup, a spacious living room, and generously sized bedrooms. A large, covered carport with convenient alley access provides valuable off-street parking for tenants or guests. This all-brick building also features a metal roof and newer windows, adding to the property's appeal and functionality. Location is another major advantage! Enjoy the convenience of being within walking distance of restaurants, parks, retail shops, and schools, while also being close to the excitement of downtown St. James, including local festivals, parades, and holiday celebrations. Multifamily, 4-plex properties with this location, space, and versatility are a rare find. Don't miss this opportunity to invest in the heart of St. James!
Status: Active · MLS# 26062838 · Listing Courtesy of Acar Real Estate, Inc, [email protected]
MORE, REALTORS® is a licensed brokerage that lists and sells homes across the two state St. Louis metro, and the agent who answers is one of ours, looking at this listing with you. The national sites are lead generation businesses: they refer your question to an agent at some other firm in exchange for a referral fee, commonly 30% to 40% of that agent's commission. Why that matters to what you pay
0 Bed
0 Bath
3,816 sq.ft
$0 per sq.ft
Apartment Style
$ 245,000
Active
0
26062838
0
0
3,816
Gorman's Addition
St James
St. James R-I
Phelps
Residential Income
Apartment Style
Residential Income
$1,426
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 25625 State Route U, Unincorporated, MO 65559 | 3/2 | 2,300 | $335,000 | $295,000 88.1% of ask |
Nov 2, 2026 |
| 14301 County Road 2480, Unincorporated, MO 65559 | 3/3 | 1,436 | $369,800 | $360,000 97.3% of ask |
Oct 23, 2026 |
| 17545 State Route H, Unincorporated, MO 65559 | 4/3 | 1,841 | $690,000 | $675,139 97.8% of ask |
Sep 30, 2026 |
| 22900 State Route P, Unincorporated, MO 65559 | 4/2 | 2,023 | $290,000 | $292,000 100.7% of ask |
Sep 2, 2026 |
| TBD Highway 68, Belle, MO 65559 | 0/0 | -- | $157,820 | $150,000 95% of ask |
Jul 29, 2026 |
| 1001 Dunham Road, Cuba, MO 65559 | 2/2 | 1,491 | $445,000 | $447,500 100.6% of ask |
Jul 24, 2026 |
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Prefilled with the national 30 year fixed average, 7.24% as of Oct 29, 2026 (Freddie Mac). Your rate will differ. Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.
Newly priced at $259,900 and ready for its next chapter. Your backyard is the main event at 532 E James Blvd. Fire up the grill under the covered patio, string up the lights, and host from spring cookouts to fall football Saturdays, all inside a fully fenced yard with a storage shed for the gear. Inside, the updated 4 bedroom, 2 bath split-level gives you 1,618 finished square feet across multiple levels, including two living areas, a large kitchen made for gathering, and a finished walk-up basement. A brand-new furnace (January 2026) means the big-ticket item is already done, and the attached 1-car garage keeps daily life easy. Set along historic Route 66 in St. James, you’re minutes from I-44, with quick access to Rolla, local schools and parks.
Room to roam, space to work, and views you’ll never get tired of! This 1999 ranch home sits on 77 acres m/l in a beautiful setting and offers approximately 3,400 square feet of living space. Inside, you’ll find 4 bedrooms and 3 baths in a split-bedroom floor plan, a cozy living room with an electric fireplace, and a 4-season sunroom where you can take in the views all year long. The full, partially finished walkout basement gives you plenty of room to grow, and the 2-car garage adds everyday convenience. Outside, a 36 x 40 shop building and a barn give you space for equipment, projects, animals, or hobbies. Whether you’re dreaming of a little farming, a place for your toys and tools, or simply peace and quiet with a view, this property checks the boxes. Opportunities like this don’t come along often!
Excellent Multifamily Investment Opportunity in St. James, MO! Consider all the possibilities a nearly 4,000 sq. ft. building with four separate units can offer. Whether you're looking for a long-term rental investment, a short-term rental opportunity or a property where you can live in one unit while generating income from the others, this property offers plenty of flexibility. Each 954 sq ft unit features 2 bedrooms, 1 bathroom, a laundry hookup, a spacious living room, and generously sized bedrooms. A large, covered carport with convenient alley access provides valuable off-street parking for tenants or guests. This all-brick building also features a metal roof and newer windows, adding to the property's appeal and functionality. Location is another major advantage! Enjoy the convenience of being within walking distance of restaurants, parks, retail shops, and schools, while also being close to the excitement of downtown St. James, including local festivals, parades, and holiday celebrations. Multifamily, 4-plex properties with this location, space, and versatility are a rare find. Don't miss this opportunity to invest in the heart of St. James!
