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207 S Main St, Louisiana, MO, 63353

--beds
1baths
--sqft
$1,000,000
--price/sqft
$6,631/moest. monthly cost
$265,240/yrincome needed

About This Home

Exceptional investment opportunity featuring a well-maintained, 20-unit, all-brick apartment complex overlooking a serene green-space courtyard and the majestic Mississippi River. This property operates under a multi-year Housing Assistance Payment (HAP) contract through the U.S. Department of Housing and Urban Development, making it eligible for automatic annual OCAF rent increases—providing stable, predictable income. Residents enjoy clean, functional living with coin-operated laundry facilities on both the upper and lower levels. The property is located within walking distance of local restaurants, clinics, shops, and other amenities, offering excellent convenience for tenants.

Getting Around

47
WalkingCar-Dependent
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

3/10
3/10
Louisiana Middle SchoolGrades 6-81.9 mi
5/10
Louisiana High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1978

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Apartment

Interior

Appliances

  • Appliances included: Water Heater
  • Laundry features: Central Laundry,Utility Room

Bedrooms & Bathrooms

  • Bathrooms: 1

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: Window Unit(s)

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp,Accessible Full Bath,Accessible Bedroom,Accessible Central Living Area,Accessible Common Area,Accessible Doors,Accessible Entrance,Accessible Hallway(s),Accessible Kitchen,Accessible Washer/Dryer,Customized Wheelchair Accessible

Details

  • Parcel number: 080418004040003.000

Features

  • Exterior features: Balcony

Lot

  • Lot size: 0.33 Acres

Parking

  • Parking features: Attached,Paved

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Cold Wave
Inland Flooding
Lightning
Strong Wind
Hail
Tornado
Winter Weather

FEMA Declared Disasters Across Missouri Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,056$60,672
Home Insurance *$926$11,112
Property Taxes $508$6,096
Electricity $141$1,693
Total$6,631$79,572
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$227,348/yr
40% on housing$198,930/yr
45% on housing$176,826/yr

Missouri FAIR Plan Programs

Missouri Property Insurance Placement Facility

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,041Commercial: 84
Total Premiums$2.35M
Total Exposure$198.26M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 2.9%
2.9%
0%15.0%
Property Taxes Growth Rate2-year average: -4.5%
-4.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 63353$231
Pike County$186

vs Homes Sold Last Month

Median $/sqft

ZIP 63353
Pike County$101

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-22Price change$1,000,000
2026-07-14Price change$1,200,000
2026-04-12Price change$1,300,000
2026-01-01Listed for sale$1,600,000

For Sale by Agent

AgentRachel Moses
BrokerageJuncture

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