716 Faraon St

St. Joseph, MO 64501

$480,000
Price
—
Beds
—
Baths
3,513 Sq. Ft.
$137 / Sq. Ft.
3,513
Sq. Ft.
$137
per Sq. Ft.
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Pending
Pending

Description

Presenting a fully occupied, 16-unit multifamily property located in the heart of downtown St. Joseph, with immediate access to I-229 and convenient connectivity to Frederick Avenue. This 100% leased asset offers property management in place, investors stable, hands off consistent rental income from day one. The property features a striking red brick exterior that reflects timeless character and curb appeal, making it a standout addition to any investment portfolio. Tenants enjoy a highly walkable...Presenting a fully occupied, 16-unit multifamily property located in the heart of downtown St. Joseph, with immediate access to I-229 and convenient connectivity to Frederick Avenue. This 100% leased asset offers property management in place, investors stable, hands off consistent rental income from day one. The property features a striking red brick exterior that reflects timeless character and curb appeal, making it a standout addition to any investment portfolio. Tenants enjoy a highly walkable location, just steps from local restaurants, cafés, enhancing long-term rental demand and retention. With prime location, strong occupancy history, and attractive architectural character, this property offers both reliable cash flow and future growth potential. An outstanding opportunity for investors seeking a turnkey, income-producing asset in the thriving downtown of St. Joseph, MO.
  1. Listed by Evans Real Estate Team • Evans Realty LLC
  2. Listed by Don Evans • Evans Realty LLC

Property Details for 716 Faraon Street

Zoning
CITY
LISTING UPDATED: 03/13/2026 03:40 PM

Property Details for 716 Faraon Street

StatusPending
MLS #2605266
Days on Market7
Taxes$5,044 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1930
CountyBuchanan County
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Location

Listing Courtesy of Evans Realty LLC
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Building Information for 716 Faraon Street

Building/Complex716 Faraon StFloor-Stories3Residences16Pet Policy-Pet Policy Details-Year Built1930Building Size-

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$2,750 per month

30 year fixed, 6.11% Interest

Principal and Interest

$2,330

Property Taxes

$420

HOA Dues

$0

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Property Information for 716 Faraon Street

Summary
Location and General Information
  • City: St Joseph
  • County Or Parish: Buchanan
  • Directions: South West corner of 7th and Faraon
  • MLS Area Major: 1132 - Buchanan Co NW-N=Co Line;S=I-36;E=I-29;W=M
  • Zip Code: 64501
  • State Or Province: MO
  • Subdivision: Smith Manor
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Abatement YN: No
  • Tax Special Amount: 0
  • Tax Annual Amount: $5,044.00
  • Parcel Number: 06-3.0-08-004-002-017.000
  • Tax Annual Amount: $5,044.00
  • Tax Legal Description: Legal Description from Title Will Prevail
School Information
  • High School District: St. Joseph
Parking
  • Garage: No
  • Parking Features: Off Street
Property
Lot Information
  • Building Area Total: 3513.0
  • Lot Size Area: .19
  • Lot Size Source: Public Records
  • Lot Size SqFt: 8,276.40
  • Lot Size Units: Acres
Property and Assessments
  • Construction Materials: Brick
  • Documents Available: Financial Details
  • Documents Count: 2
  • Age Description: 76-100 Years
  • FEMA 100 Yr Flood Plain: Unknown
  • Special Documents Required YN: 0
  • Type Of Management: Off-Site Mgmt
  • Photos Count: 25
  • Year Built: 1930
Utilities
  • Sewer: Public Sewer
  • Utilities: Cent Water Heater, Ind Heat And Air, Separate Meters
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: No
  • Possession: Funding
  • Roof: Tar/Gravel
Interior Features
  • Basement YN: Yes
  • Bathrooms Total: 0
  • Unit Type: 1 Bedroom, 2 Bedroom
  • Cooling: Electric
  • Central Air YN: Yes
  • Heating: Forced Air
  • Stories Total: 3
Multi Family
Multi-Family Information
  • Number Of Units Total: 16
Income & Expenses
  • Gross Income: $105,341.00
  • Maintenance Provided YN: No
  • Operating Expense: $64,722.00
  • Operating Expense Includes: Accounting, Advertising, Electricity, Exterminator, Maintenance, Insurance, Property Mgmt, Real Estate Tax, Supplies
Unit 1
  • Unit Type: Unit Rent Includes: Sewer,Water
  • Unit Type: Type: Apartments
  • Unit Type: Units Total: 16
Rental
Rent Information
  • Current Occupancy Rate: Over 95%
  • Deposit: PREFERRED TITLE OF ST. JOSEPH LLC
  • Existing Lease Terms: One Year Lease

Property History for 716 Faraon Street

DateEvent & SourcePriceAppreciation
Mar 13, 2026

Pending

HEARTLANDMLS #2605266

—
Mar 6, 2026

Listed (Active)

HEARTLANDMLS #2605266

$480,000—
DateEvent & SourcePrice
03/13/2026

Pending

HEARTLANDMLS #2605266

—
03/06/2026

Listed (Active)

HEARTLANDMLS #2605266

$480,000

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

Public Records for 716 Faraon Street

Taxable ValueLand$1,840Additions$64,520Total$66,360
Tax Record2024$5,044 ($420 / month)
Home Facts
Total Finished SqFt3,513 SqFtAbove Grade Finished SqFt3,513 SqFtLot Size8,276 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningCITYCountyBUCHANANAPN06-3.0-08-004-002-017.000

Schools near 716 Faraon Street

This home is within St. Joseph School District.
Rating
School
Type
Grades
Distance
Lindbergh Elementary School
Public - K to 5
Robidoux Middle School
Public - 6 to 8
Lafayette High School
Public - 9 to 12
Virtual Academy
Public - K to 12
Rating
School
Distance
Lindbergh Elementary School
PublicK to 5

Robidoux Middle School
Public6 to 8

Lafayette High School
Public9 to 12

Virtual Academy
PublicK 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 Evans Realty LLC

Based on information submitted to the MLS GRID as of 03/13/2026 03:40 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.