1020 E Washington,Doniphan, MO 63935
Doniphan, MO 63935
Description
Investors take note! This 24 unit apartment complex has the potential to generate $23,276 monthly or $279,312 annually. There is a one bedroom unit being used as an onsite office. This for profit HUD complex offers nice, low maintenance exterior buildings, paved parking for tenants, all in a quiet and flourishing southeast Missouri town where units stay rented! The current manager has a waiting list so vacancies that cut into profits are minimal unless maintenance to the unit requires vacancy! With an onsite manager and management company willing to stay with the purchase, sit back and let the investment pay for itself. This complex generates enough income for the buyer to recoup their investment and still draw profit! There is a rent increase approved for October 1 of this year. The following amounts are current as of date, they will go up based on the amount approved in October.The complex is comprised of the following:8-1 bedrooms units that gross $829 each12-2 bedroom units that gross $985 each4-3 bedroom units that gross $1,206 eachCALL TODAY!
Details
| MLS # | 26024251 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Building Name | Doniphan Manor Apartments |
| Sub-Type | Resale |
| Status | Active |
| Year | 1982 |
| Days On Site | 192 |
| Listing Provided By | Collins & Associates | Tim Hollinger |
Features
| Bed(s) | 24 |
|---|---|
| Bath(s) | 24 Total |
| SQ Feet | 17,028 |
| Story(s) | 1 |
| Acreage | 2.20 |
Interior
| Rooms Total | 85 |
|---|---|
| Cooling | Wall Unit(s) |
| Heating | Baseboard |
Exterior
| Construction Materials | Brick |
|---|---|
| Lot Features | City Lot, Few Trees, Sloped |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Asphalt |
Utilities
| Utilities | Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected |
|---|---|
| Electric | Three Phase |
| Sewer | Public Sewer |
Area Information
| State | MO |
|---|---|
| County | Ripley |
| City | Doniphan |
| Zip Code | 63935 |
| Community Name | City |
| School District | Doniphan High |
| Elementary School | Doniphan Elem. |
| High School | Doniphan High |
| Listing VS Median (in City) | |
Price: $1,700,000 low | high Med: $265,000 sqft: 17,028 low | high Med: 1,580 $ / sqft: $100 low | high Med: $168 On site: 192 low | high Med: 103 | |
Market Activity 63935
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Listings courtesy of Maris MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of October 30, 2026 at 2:29:24 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
Contact
Learn More About This Property
| State | MO |
|---|---|
| County | Ripley |
| City | Doniphan |
| Zip Code | 63935 |
| Community Name | City |
| School District | Doniphan High |
| Elementary School | Doniphan Elem. |
| High School | Doniphan High |
| Listing VS Median (in City) | |
Price: $1,700,000 low | high Med: $265,000 sqft: 17,028 low | high Med: 1,580 $ / sqft: $100 low | high Med: $168 On site: 192 low | high Med: 103 | |
Listings courtesy of Maris MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
