Investor Special on .65 Acres in the Heart of DeSoto at the corner of Essex and N 5th! Exceptional investment opportunity within the city limits of DeSoto! Situated on a spacious .65-acre lot, this property offers endless potential for investors, developers, or ambitious renovators. The existing home was in the process of being converted into two 1-bedroom, 1-bathroom apartments and already features separate entrances, providing a head start on a potential income-producing rental property. However, no interior dividing wall has been constructed, leaving flexibility for your vision. The home is in need of a complete renovation and may be best suited for a tear-down and redevelopment project. With ample lot space and convenient city utilities, the property presents a rare opportunity to build new homes, create rental units, or design a custom project to meet today's housing demand. Conveniently located just minutes from Main Street, shopping, schools, churches, and Highway 110, this property combines accessibility with development potential. Property is being sold AS IS, WHERE IS. Seller will make no repairs and will not remove any personal property or contents remaining inside the home. Bring your ideas and unlock the possibilities this DeSoto property has to offer! (Seller has never lived in the home and has no additional information on the home.)
Listed By
Agency Name: Coldwell Banker Realty - Gundaker
Shown By
Agent Name: Joseph Tumblin of Dickey-T Design & Properties
Agent Phone: Primary: 314.355.2608
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 508.40 per month $408.61 Principal & Interest $77.92 Property Tax $21.88 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login
1600 N 5th Street | MLS# 26068981
This single family home located at 1600 N 5th Street , De Soto, MO 63020 is currently listed for sale with an asking price of $75,000. This property was built in 1915 and has 2 bedrooms and 2 full baths with 919 sq. ft. N 5th Street is located in the Rathbun Add subdivision within the Desoto 73 school district. Search Rathbun Add real estate on www.dickey-t.com today.