568 Madison St

4
Baths
2,868 Sq. Ft.
$139 / Sq. Ft.
2,868
Sq. Ft.
$139
per Sq. Ft.

Description

Exceptional investment opportunity in the heart of Historic St. Charles! This fully furnished duplex at 568 Madison Street is currently operating as a successful Airbnb/VRBO with proven gross income of $75,000 in the past year — documentation available for qualified buyers. Offered completely turnkey, the property is being sold with all furniture, décor, housewares, and operational setup included, allowing a new owner to step in and begin generating income immediately from day one. The duplex...Exceptional investment opportunity in the heart of Historic St. Charles! This fully furnished duplex at 568 Madison Street is currently operating as a successful Airbnb/VRBO with proven gross income of $75,000 in the past year — documentation available for qualified buyers. Offered completely turnkey, the property is being sold with all furniture, décor, housewares, and operational setup included, allowing a new owner to step in and begin generating income immediately from day one. The duplex layout offers flexibility for multiple investment strategies, including short-term rental, long-term duplex leasing, or owner-occupancy with supplemental rental income. However, the highest and best use is its continued operation as a short-term rental. A major value-add: the existing short-term rental permit transfers with the sale, which is extremely rare, as the City of St. Charles is no longer issuing new Airbnb permits. This creates a strong barrier to entry and enhances the long-term income potential and uniqueness of the asset. Located just minutes from Historic Main Street, restaurants, shopping, riverfront attractions, and major commuter routes, this property is ideally positioned to attract year-round visitors and maximize occupancy. Investment Highlights:
-Duplex configuration
-Currently operating as Airbnb/VRBO
-$75,000 proven gross annual income 2025
-Sold fully furnished – turnkey operation
-Transferable short-term rental permit
-No new Airbnb permits allowed in St. Charles City
-Ideal for investors or owner-operators
-Prime location near Historic Main Street & attractions
-A rare opportunity to acquire a cash-flowing short-term rental asset in one of St. Charles’ most desirable and supply-constrained markets.
  1. Listed by Kim Richter • McKelvey Properties
  2. Listed by Kim Richter • McKelvey Properties

Property Details for 568 Madison Street

Architectural Style
A-Frame
LISTING UPDATED: 02/15/2026 12:34 PM

Property Details for 568 Madison Street

StatusActive Under Contract
MLS #26007724
Days on Market4
Taxes$5,289 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size0.14 AC / 6,229 SF
CountySt. Charles County

Location

Listing Courtesy of McKelvey Properties
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Building Information for 568 Madison Street

Stories-Residences2Year Built1920Building Size-Lot Size0.14 AC / 6,229 SF

Payment Calculator

$2,385 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,945

Property Taxes

$441

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 568 Madison Street

Summary
Location and General Information
  • City: St Charles
  • County Or Parish: St. Charles
  • Directions: HWY 70 to 5th St. North. Left on Jefferson. Left on 6th St. Right on Madison. 1st on left.
  • Latitude: 38.782697
  • Longitude: -90.488521
  • Postal Code: 63301
  • State Or Province: MO
  • Sub division Name: Park Chas South 04
Taxes and HOA Information
  • List AOR: St. Louis Association of REALTORS
  • Parcel Number: 6-009D-B186-00-0011.0000000
  • Tax Annual Amount: $5,289.00
  • Tax Year: 2025
Owner
  • Township: St. Charles
Parking
  • Attached Garage: No
  • Carport: No
School Information
  • Elementary School: Harris Elem.
  • High School: St. Charles High
  • High School District: St. Charles R-VI
  • Middle Or Junior School: Jefferson / Hardin
Property
Lot Information
  • Living Area: 2868.0
  • Lot Size Acres: 0.143
  • Lot Size Square Feet: 6229.08
  • Other Structures: Shed(s)
  • Property Type: Residential Income
Property and Assessments
  • Above Grade Finished Area: 2868.0
  • Above Grade Finished Area Source: Assessor
  • Documents Count: 0
  • Photos Count: 5
  • Year Built: 1920
  • Disclosures: None
  • Construction Materials: Brick, Other
  • Ownership Type: Bank
Utilities
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Road Frontage Type: City Street
  • Roof: Shingle
  • Pool Private: No
Interior Features
  • Appliances: Stainless Steel Appliance(s), Dishwasher
  • Basement YN: No
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bedrooms Total: 0
  • Cooling: Central Air
  • Fireplace: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Net Operating Income: $90,000.00
Unit 1
  • UnitType Beds Total: 2.0
Unit 2
  • UnitType Beds Total: 2.0

Property History for 568 Madison Street

DateEvent & SourcePriceAppreciation
Feb 14, 2026

Active Under Contract

MARIS #26007724

Feb 11, 2026

Listed (Active)

MARIS #26007724

$399,000
Aug 29, 2019

Closed (Public Record)

Public Record #652449762

$207,500
DateEvent & SourcePrice
02/14/2026

Active Under Contract

MARIS #26007724

02/11/2026

Listed (Active)

MARIS #26007724

$399,000
08/29/2019

Closed (Public Record)

Public Record #652449762

$207,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 568 Madison Street

Taxable ValueLand-Additions-Total-
Home Facts
Total Finished SqFt2,868 SqFtAbove Grade Finished SqFt2,868 SqFtStories2Lot Size6,230 SqFtStyleStoresYear Built1920CountyST. CHARLESAPN6-009D-B186-00-0011.0000000

Schools near 568 Madison Street

This home is within St. Charles R-VI School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Blackhurst Elementary School
PublicK to 4

Jefferson Intermediate School
Public5 to 6

Hardin Middle School
Public7 to 8

St. Charles High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of McKelvey Properties

Based on information submitted to the MLS GRID as of 02/15/2026 12:34 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.