504 OAKLAWN AVE, FAYETTE, MO 65248

$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
Basement: No

Status Change Info

Status Change Date: 2026-08-29

Property Disclosure

Property Disclosure To Be Provided: Yes

Location Tax & Legal

Cross Street: South Park Ave.
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
Located within City of Columbia: No

More Information

Remarks & Misc

Directions: South Main to W. Walnut St to Oaklawn Ave townhomes at end of the road

Licensee Per/Int Dis

Not Applicable: Yes

Basement

None: Yes

Foundation Details

Poured Concrete: Yes
Slab: Yes

Appliances

All Units: Yes
Exhaust Fan: Yes
Oven: Yes
Dryer: Yes
Refrigerator: Yes
Washer: Yes

Documents Available

Leases: Yes
Appraisal: Yes

Cooling

Central Air: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Construction Materials

Metal: Yes

Roof

Shingle: Yes
Architectural Shingle: Yes

No of Stories(Bldg)

Two: Yes

Parking Facilities

Parking Lot: Yes
Paved Area: Yes

Parking Per Unit

More than one: Yes

Fac/Serv Inc in Rent

All Units: Yes
Lawn Service: Yes
Snow Removal: Yes
Trash Collection: Yes

Unit Features

All Units: Yes
Family Room: Yes
High Spd Internet Ac: Yes
Kit/Din Combo: Yes
Liv/Din Combo: Yes
Private Outside Entr: Yes
Shared Bath: Yes
Washer/Dryer Hookups: Yes

Safety Features

Carbon Monoxide Detector(s): Yes
Fire Alarm: Yes
Firewall(s): Yes
Smoke Detector(s): Yes

Miscellaneous

Indiv Heat and Air: Yes
Indiv Water Heaters: Yes
Pet Restrictions: Yes
Separate meters: Yes

Possession

At Closing: Yes
Subject/TenantRights: Yes

Restriction/Easement

Subject to Zoning: Yes

Water Source

Public: Yes

Sewer

Public: Yes

Utilities

Electric – Other: Yes
Electricity Available: Yes
Fiber Optic Internet: Yes
Gas-Natural: Yes

Will Sell

Cash: Yes
Conventional: Yes

Road Responsibility

Public Maintained Road: Yes

Road Surface Type

Paved: Yes

Zoning

Other/See Remarks: Yes

Type of Tenancy

Written Leases: Yes

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.