855 M and O Station Rd




















Description
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.
- Listed by Doug Payne • Southern Illinois Realty, LLC
- Listed by Judy Ross • Southern Illinois Realty, LLC
Property Details for 855 M And O Station Road
Property Details for 855 M And O Station Road
| Status | Active |
|---|---|
| MLS # | 26006463 |
| Days on Market | 1 |
| Taxes | $8,310 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1985 |
| Lot Size | 0.28 AC / 12,196 SF |
| County | St. Clair County |
Location
Building Information for 855 M And O Station Road
Payment Calculator
$3,227 per month
30 year fixed, 6.15% Interest
$2,534
$693
$0
Property Information for 855 M And O Station Road
- 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
- 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
- Carport: No
- Garage: No
- Parking Features: Asphalt
- Parking Total: 6.0
- Elementary School: BELLEVILLE DIST 118
- High School: Belleville High School-West
- High School District: Belleville DIST 118
- Middle Or Junior School: BELLEVILLE DIST 118
- 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
- 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: Cable Available
- Water Source: Public
- Roof: Architectural Shingle
- Pool Private: No
- 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
- Number Of Units In Community: 6
- Number Of Units Total: 6
- Net Operating Income: $53,222.00
- UnitType Beds Total: 2.0
- UnitType Beds Total: 2.0
- UnitType Beds Total: 2.0
- UnitType Beds Total: 2.0
- UnitType Beds Total: 2.0
- UnitType Beds Total: 2.0
Property History for 855 M And O Station Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| 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 | — |
| Date | Event & Source | Price |
|---|---|---|
| 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
Schools near 855 M And O Station Road
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 | ||
Belleville Twp High School-Night/Alt 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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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.



















