504 OAKLAWN AVE, FAYETTE, MO 65248
$2,700,000
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Property Type:
Income
Status:
Active
Current Price:
$2,700,000
List Date:
10/05/2025
Last Modified:
1/23/2026
Description
Investment Opportunity: 18 Unit Townhome Community. Pkg includes 3 buildings- 304 Knaus, 404 Southpark and 504 Oaklawn.
This newly built to rent (2024-25) 18 unit townhome property offers a mix of nine 3BR/1.5BA units and nine 2BR/1.5BA units, all fully leased with a strong rental income. Designed for durability and efficiency, each unit features custom cabinets and trim, tankless water heaters, gas and electric hookups, and stained concrete and hardwood floors (no carpet). Built for optimal efficiency. Appliances (all kitchen plus washer and dryer) are included, and the property offers an on-site parking lot. A strict non-smoking policy across all units adds to long term appeal. This turnkey, energy efficient investment is designed for strong cash flow and smooth tenant turnovers.
More Information MLS# 430172
General Property Description
Age Description: 1 Dy-5 Yrs
Totl Grs Mo Rent: 23100
Lot Size Dimensions: 250 x 162
Basement: No
Type: Apartment Bldg (5+)
Year Built: 2025
Location Tax & Legal
Cross Street: S Park Ave
School District: Fayette
HOA/Condo: No
HOA/Condo Init: No
Other Fees: NO
Legal Description: SEC 11 Twp 50 Rng 16 LOTS 1 THUR 10 BLK 6 SOUTH PARK ADD
Auction: No
Remarks & Misc
Directions: South Main to W Walnut St to Oaklawn, park in lot between the 3 buildings.
Licensee Per/Int Dis
Not Applicable: 1
Property Disclosure
Property Disclosure To Be Provided: Yes
Foundation Type
Slab: 1
Foundation Material
Poured Concrete: 1
Appliances
All Units: 1
Dryer: 1
Oven/Range: 1
Refrigerator: 1
Washer: 1
Documents Available
Leases: 1
Appraisal: 1
Cooling
Central Air: 1
Gas: 1
Heating
Forced Air: 1
Natural Gas: 1
Roof
ArchitecturalShingle: 1
No of Stories(Bldg)
Two: 1
Parking Facilities
Gravel: 1
Parking Lot: 1
Fac/Serv Inc in Rent
Lawn Service: 1
Snow Removal: 1
Trash Collection: 1
Unit Features
High Spd Internet Ac: 1
Washer/Dryer Hookups: 1
Safety Features
Fire Walls: 1
Smoke Detector: 1
Other/See Remarks: 1
Miscellaneous
Indiv Heat and Air: 1
Indiv Water Heaters: 1
Pet Restrictions: 1
Separate meters: 1
Possession
Subject/TenantRights: 1
Restriction/Easement
Subject to Zoning: 1
Sewer
Public: 1
Will Sell
Cash: 1
Conventional: 1
Zoning
Other/See Remarks: 1
Type of Tenancy
Written Leases: 1
Contract Information
Current Price: $2,700,000
List Date: 2025-10-05
List Price: $2,700,000
Location, Tax & Legal
Area: Other County
Street No #: 504
Street: OAKLAWN
Street Suffix: AVE
County: Howard
State/Province: MO
Zip Code: 65248
Subdivision: FAYETTE
Mapping ID #: 121011003033002010
Status Change Info
Status: Active
Status Change Date: 2025-10-05
Property Features
Foundation Type: Slab
Foundation Material: Poured Concrete
Cooling: Central Air; Gas
Heating: Forced Air; Natural Gas
Roof: ArchitecturalShingle
No of Stories(Bldg): Two
Parking Facilities: Gravel; Parking Lot
Appliances: All Units; Dryer; Oven/Range; Refrigerator; Washer
Unit Features: High Spd Internet Ac; Washer/Dryer Hookups
Safety Features: Fire Walls; Smoke Detector; Other/See Remarks
Miscellaneous: Indiv Heat and Air; Indiv Water Heaters; Pet Restrictions; Separate meters
Documents Available: Appraisal; Leases
Sewer: Public
Possession: Subject/TenantRights
Will Sell: Cash; Conventional
Type of Tenancy: Written Leases
Zoning: Other/See Remarks
Seller's Disclosure ›
Listing Office:
Century 21 Community
Listing Agent:
Shawna Neuner
Co Listing Agent: Jason Williams
Last Updated: January - 23 - 2026
Information deemed reliable but not guaranteed.