855 M and O Station Rd

6
Baths
3,600 Sq. Ft.
$144 / Sq. Ft.
3,600
Sq. Ft.
$144
per Sq. Ft.

Description

Investor Opportunity – 6-Unit Apartment Building | 10% Cap Rate
Turnkey multifamily investment offering a 10% cap rate in Millstadt, IL, just 15 minutes from St. Louis County. This 6-unit apartment building is 90% occupied (5 of 6 units leased), providing strong in-place income with upside through lease-up of the remaining unit. Each unit offers 2 spacious bedrooms, 1 full bath, living room, and kitchen with appliances, plus a laundry closet with washer/dryer hookups. The property includes a rear
...Investor Opportunity – 6-Unit Apartment Building | 10% Cap Rate

Turnkey multifamily investment offering a 10% cap rate in Millstadt, IL, just 15 minutes from St. Louis County. This 6-unit apartment building is 90% occupied (5 of 6 units leased), providing strong in-place income with upside through lease-up of the remaining unit. Each unit offers 2 spacious bedrooms, 1 full bath, living room, and kitchen with appliances, plus a laundry closet with washer/dryer hookups. The property includes a rear asphalt parking lot for tenant convenience. Financials available to serious Pre-Approved Buyers Only! Recent major capital improvements minimize near-term expenses, including a new roof and 6" gutters installed in 2025 and all windows replaced. Located in a quiet country setting while remaining close to employment centers, retail, and services in the St. Louis metro area, supporting stable tenant demand. An ideal acquisition for investors seeking strong cash flow, solid fundamentals, and minimal deferred maintenance.
  1. Listed by Doug Payne • Southern Illinois Realty, LLC
  2. Listed by Judy Ross • Southern Illinois Realty, LLC

Property Details for 855 M And O Station Road

Architectural Style
Apartment Style
Waterfront
No
Cross Street
Il Rt 158
LISTING UPDATED: 02/05/2026 03:05 PM

Property Details for 855 M And O Station Road

StatusActive
MLS #26006463
Days on Market1
Taxes$8,310 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1985
Lot Size0.28 AC / 12,196 SF
CountySt. Clair County

Location

Listing Courtesy of Southern Illinois Realty, LLC
Add your commute

Building Information for 855 M And O Station Road

Stories-Residences6Year Built1985Building Size-Lot Size0.28 AC / 12,196 SF

Payment Calculator

$3,227 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,534

Property Taxes

$693

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 855 M And O Station Road

Summary
Location and General Information
  • City: Millstadt
  • County Or Parish: St. Clair
  • Latitude: 38.456821
  • Longitude: -90.103554
  • Postal Code: 62260
  • State Or Province: IL
  • Sub division Name: O Station Sub
Taxes and HOA Information
  • List AOR: Southwestern Illinois Board of REALTORS
  • Parcel Number: 12-09.0-305-002
  • Tax Annual Amount: $8,310.00
  • Tax Legal Description: M & O Station Sub, Lot/Sec-2 A02772571
  • Tax Year: 2024
Parking
  • Carport: No
  • Garage: No
  • Parking Features: Asphalt
  • Parking Total: 6.0
School Information
  • Elementary School: BELLEVILLE DIST 118
  • High School: Belleville High School-West
  • High School District: Belleville DIST 118
  • Middle Or Junior School: BELLEVILLE DIST 118
Property
Lot Information
  • Living Area: 3600.0
  • Lot Size Acres: 0.28
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 12196.8
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
Property and Assessments
  • Above Grade Finished Area: 3600.0
  • Above Grade Finished Area Source: Assessor
  • Below Grade Finished Area: 1800.0
  • Below Grade Finished Area Source: Assessor
  • Documents Count: 0
  • Photos Count: 20
  • Year Built: 1985
  • Disclosures: No Other Known Restrictions,Occupancy Permit Required
  • Construction Materials: Vinyl Siding
  • Ownership Type: Private
Utilities
  • Utilities: Cable Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Roof: Architectural Shingle
  • Pool Private: No
Interior Features
  • Appliances: Range Hood, Electric Range, Refrigerator, Electric Water Heater
  • Basement: Finished
  • Basement YN: Yes
  • Levels: Three Or More
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bedrooms Total: 0
  • Cooling: Ceiling Fan(s), Central Air
  • Fireplace: No
  • Heating: Natural Gas
  • Laundry Features: In Unit
Multi Family
Multi-Family Information
  • Number Of Units In Community: 6
  • Number Of Units Total: 6
Income & Expenses
  • Net Operating Income: $53,222.00
Unit 1
  • UnitType Beds Total: 2.0
Unit 2
  • UnitType Beds Total: 2.0
Unit 3
  • UnitType Beds Total: 2.0
Unit 4
  • UnitType Beds Total: 2.0
Unit 5
  • UnitType Beds Total: 2.0
Unit 6
  • UnitType Beds Total: 2.0

Property History for 855 M And O Station Road

DateEvent & SourcePriceAppreciation
Feb 5, 2026

Listed (Active)

MARIS #26006463

$520,000
Jan 31, 2023

Closed (Public Record)

Public Record #1505303858

$340,000

+1.9% / yr

Nov 22, 2010

Closed (Public Record)

Public Record #300520024

$270,000
DateEvent & SourcePrice
02/05/2026

Listed (Active)

MARIS #26006463

$520,000
01/31/2023

Closed (Public Record)

Public Record #1505303858

$340,000

+1.9% / yr

11/22/2010

Closed (Public Record)

Public Record #300520024

$270,000

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

Public Records for 855 M And O Station Road

Taxable ValueLand$13,222Additions$101,191Total$114,413
Tax Record2024$8,310 ($693 / month)
Home Facts
Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtLot Size12,197 SqFtStyleMulti-Family Res (5+ Units)Year Built1985CountyST. CLAIRAPN12-09-0-305-002

Schools near 855 M And O Station Road

This home is within Belleville Twp Hsd 201 School District.
Rating
School
Type
Grades
Distance
Public - 3 to 8
Public - 9 to 12
Public - PK to 2
Public - 9 to 12
Rating
School
Distance
Millstadt Consolidated School
Public3 to 8

Belleville High School-West
Public9 to 12

Millstadt Primary Center
PublicPK to 2

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.

Similar Homes

Similar Sold Homes

855 M And O Station Road is a multi-family home for sale in Millstadt, IL 62260. This property was listed for sale on February 5, 2026 by Southern Illinois Realty, LLC, it's currently listed at $520,000. It has been on the market for a total of 0 days and was last sold on January 31, 2023. This listing's school districts are Millstadt Central Consolidated School District 160, Belleville Twp Hsd 201 School District. Nearby schools include Millstadt Consolidated School, Belleville High School-West and Millstadt Primary Center. 855 M And O Station Road is a 12-bed, 6-bath, 3,600 sqft multi-family home built in 1985.

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 Southern Illinois Realty, LLC

Based on information submitted to the MLS GRID as of 02/05/2026 03:05 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.