Browse All Odessa MO Multi-Family Properties for Sale

$550,000

Attention investors! Don’t miss out on this excellent, low-maintenance income property centrally located just off 2nd Street in the heart of Odessa. Built in 2003, this stable multifamily asset offers an incredible opportunity to add a strong cash-flowing property to your portfolio. The property boasts a history of high stability with multiple long-term tenants currently in place. All units are currently rented on a month-to-month basis at $750/month, offering a new owner immediate rental income with significant, flexible upside potential to bring rents to market rate. The building is designed for seamless property management with separate meters for all units, keeping your operational overhead incredibly low. Property Highlights Strong Layout: 6 total units featuring 12 bedrooms and 6 bathrooms (functional 2-bed, 1-bath floor plans). Immediate Income: Fully occupied/active units pulling in a steady $750/month each. Value-Add Potential: All leases are month-to-month, offering excellent additional income potential through strategic modern upgrades or market rate adjustments. Tenant-Paid Utilities: Units are individually metered; tenants are responsible for their own utility bills. Low Maintenance: Built in 2003 with durable frame construction, a dedicated surface parking lot, and a low-maintenance exterior. Important Showing Information Please Read Carefully Before Requesting a Showing: Out of strict respect for our long-term tenants' privacy, occupied units are not accessible for initial walk-throughs. Showings will be exclusively scheduled for a single unit. Full inspection of all remaining units will be accommodated and allowed only upon an accepted contract. Bring your portfolio to the next level with a reliable, stabilized asset with clear growth potential in Lafayette County.

215 W Montgomery Street, Odessa

Listing courtesy of Gregory Mccord of EXP Realty LLC.

$890,000

Pine Creek presents a rare opportunity to own a brand-new fourplex in Odessa, Missouri. This modern 2-story townhome fourplex features four spacious 3 Bed / 2.5 Bath units with high-end finishes throughout, including stainless steel appliances, granite countertops, LVP flooring, in-unit washer/dryer, and an attached 1-car garage with additional driveway parking for each unit. Current rents are very high and tenant demand is strong in this A class pocket. All four units are all-electric and separately metered for electricity, water, and trash, ensuring easy tenant billing and low landlord expenses. With no HOA and individually parceled, this turnkey fourplex offers excellent cash flow potential and maximum flexibility for an investor or owner-occupant. New construction means low capital expenses for years to come. Current third-party property management is in place and eager to continue if desired, making ownership seamless. Located in an appreciating Kansas City submarket, Odessa attracts working professionals and families who appreciate good schools, a family-friendly atmosphere, and a strong sense of community. Residents enjoy a low cost of living with convenient access to dining and shopping in Eastern Jackson County, while commuting to Kansas City (30-40 minute drive) along the I-70 corridor. Pine Creek delivers modern, low-maintenance living with strong long-term appreciation potential!

504 Pine Drive, Odessa

Listing courtesy of Michelle Lutz of Lutz Sales + Investments.

$699,000

Pine Creek presents a rare opportunity to own a brand-new triplex! This modern 2-story townhome triplex features three spacious 3 Bed / 2.5 Bath units with high-end finishes throughout, including stainless steel appliances, granite countertops, LVP flooring, in-unit washer/dryer, and an attached 1-car garage with additional driveway parking for each unit. All three units are all-electric and separately metered for electricity, water, and trash, ensuring easy tenant billing and low landlord expenses. With NO HOA and individually parceled, this turnkey triplex offers excellent cash flow potential and maximum flexibility for an investor or owner-occupant. New construction means low capital expenses for years to come. Current third-party property management is in place and happy to continue if desired, making ownership seamless. Located in an appreciating Kansas City submarket, Odessa attracts working professionals and families who appreciate good schools, a family-friendly atmosphere, and a strong sense of community. Residents enjoy a low cost of living with convenient access to dining and shopping in Eastern Jackson County, while commuting to Kansas City (30-40 minute drive) along the I-70 corridor. Pine Creek delivers modern, low-maintenance living with strong long-term appreciation potential!

507 Pine Drive, Odessa

Listing courtesy of Michelle Lutz of Lutz Sales + Investments.

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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.

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 and the company represented by this website 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 noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Data last updated . Terms of Use

Odessa Multi-Family Real Estate

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