504 OAKLAWN AVE, FAYETTE, MO 65248 (MLS# 436892)

504 OAKLAWN AVE, FAYETTE, MO 65248

New Listing

$2,600,000

Property Type: Income Status: Active

Current Price: $2,600,000 List Date: 8/29/2026 Last Modified: 8/29/2026

Overview

Description

Excellent investment opportunity featuring an 18-unit townhome community, offered as a package of three buildings. Built in 2025, this built-to-rent property offers a strong mix of nine 3-bedroom/1.5-bath units and nine 2-bedroom/1.5-bath units, all currently leased and producing strong rental income. Designed with durability, EFFICIENCY, and LOW-maintenance living in mind, each unit features custom cabinets, trim, tankless water heaters. Stained concrete and hardwood flooring with ZERO carpet. Kitchens include all appliances, and washers and dryers are also included. The property offers convenient on-site parking and a strict non-smoking policy throughout the community, adding to its long-term appeal and tenant-friendly design. Green space to relax, grow and unwind.

Supplements: A newer, fully leased townhome community offering immediate rental income and modern construction--an excellent opportunity for investors looking to add a quality income-producing property to their portfolio.

Listing Details MLS# 436892

Location, Tax & Legal

Area: Boone Northeast
Street No #: 504
Street: OAKLAWN
Street Suffix: AVE
County: Howard
State/Province: MO
Zip Code: 65248
Subdivision: FAYETTE
Mapping ID #: 121011003033002010

General Property Description

Type: Apartment Bldg (5+)
Totl Grs Mo Rent: 23200
Year Built: 2025
Age Description: 1 Dy-5 Yrs
Lot Size Dimensions: 250 x 162

Status Change Info

Status Change Date: 2026-08-29

Property Disclosure

Property Disclosure To Be Provided: Yes

More Information

Property Features

Basement: None Foundation Details: Poured Concrete; Slab Cooling: Central Air Heating: Forced Air; Natural Gas Construction Materials: Metal Roof: Shingle; Architectural Shingle No of Stories(Bldg): Two Parking Facilities: Parking Lot; Paved Area Parking Per Unit: More than one Appliances: All Units; Dryer; Exhaust Fan; Oven; Refrigerator; Washer Unit Features: All Units; Family Room; High Spd Internet Ac; Kit/Din Combo; Liv/Din Combo; Private Outside Entr; Shared Bath; Washer/Dryer Hookups Safety Features: Carbon Monoxide Detector(s); Fire Alarm; Firewall(s); Smoke Detector(s) Miscellaneous: Indiv Heat and Air; Indiv Water Heaters; Pet Restrictions; Separate meters Documents Available: Appraisal; Leases Water Source: Public Sewer: Public Utilities: Electric – Other; Electricity Available; Fiber Optic Internet; Gas-Natural Possession: At Closing; Subject/TenantRights Will Sell: Cash; Conventional Type of Tenancy: Written Leases Zoning: Other/See Remarks Road Responsibility: Public Maintained Road Road Surface Type: Paved

Listing Office: EXP Realty LLC

Listing Agent: Dustin March

Last Updated: August - 29 - 2026

Information deemed reliable but not guaranteed.

Property Info