221 Main Street, Garden City, MO 64747

Mortgage Calculator

$345,000
 est. $1,378/mo

Located in the heart of Garden City, Missouri, this fully occupied fourplex offers a strong, stable investment opportunity with immediate cash flow and recent updates already completed. The property consists of four 2BR/1BA units, all currently leased with written agreements in place and tenants paying consistently. Current monthly rents range from approximately $950 to $1,040 per unit, providing steady income with room for long-term growth. The building was originally constructed in 1920 and underwent a full renovation in 2024, bringing the property up to modern standards while maintaining its solid structure . Major improvements include a newer roof, updated HVAC systems, and newer water heaters, all approximately 2 years old, significantly reducing near-term capital expense concerns . Each unit is equipped with essential appliances, including stove, and refrigerator, providing added convenience for tenants as well as a laundry area for all tenants. Utilities are landlord-paid, with total average utility costs reported at approximately $7,454 annually, allowing for simplified management and consistent occupancy . Annual real estate taxes are approximately $992, and the property has been professionally managed, making for a smooth transition for a new owner. With strong occupancy, recent renovations, and reliable tenants already in place, this property presents a true turnkey opportunity for investors seeking consistent income in a growing rental market.

Directions
From Highway 7, head south towards Garden City for .75 miles. Turn left on Main St. After .2 miles th building will be on your right.
Subdivision
Garden City
City
Garden City
County
Cass
Property Type
Residential Income / Apartment
Listing Updated
May 04, 2026 at 8:05am
MLS Number
2618105
Property Tax
$992
Zoning
$Comm
Home Owners Association
No
Disclaimer
The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2026, Heartland Multiple Listing Service, Inc. Heartland MLS, Elite Realty and Agent Jo do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.
The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.
Information is deemed reliable but is not guaranteed.

Copyright © 2026 ELITE Realty.