3 Photos

$1,130,000

121 East Rodney Drive #H

La Messa Second Subdivision, Cape Girardeau, Missouri, 63701

MLS® 26034038 · Listed by On-Point Property Advisors

0 bedroomsResidential Income77 days on marketBuilt 1974$4,126 taxes (2025)Baseboard,Electric,Forced Air,Varies by Unit · Central Air,Electric,Varies by Unit,Wall/Window Unit(s)Full basement

About this property

16-Unit Multi-Family Portfolio Near Arena Park – Must Sell Together. Strong cash-flowing portfolio located between Themis and Independence Street, walking distance to Arena Park. Total scheduled rent is $12,700/month. Tenants pay for all utilities. 100% occupancy. No delinquencies. 121 Rodney: Six (6) 2-bedroom units with in-unit washer/dryers, dishwashers, window A/C and baseboard heat. 51 Hazel: Two (2) 2-bedroom and eight (8) 1-bedroom units with coin laundry, baseboard heat; nine (9) units with window A/C, PTACs and one (1) unit with central A/C. The complex also has a large utility garage and storage room. Current rent roll, T12, and recent CapEx summary available. Opportunity for value add. 48-hour notice required for showings to qualified borrowers. Drive-by only, please do not disturb tenants. Broker Owned.

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MLS® data for this listing last updated Aug 22, 2026.

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