224 N Frederick ST, Cape Girardeau, MO 63701
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224 N Frederick ST, Cape Girardeau, MO 63701
224 N Frederick ST, Cape Girardeau, MO 63701
224 N Frederick ST, Cape Girardeau, MO 63701
224 N Frederick ST, Cape Girardeau, MO 63701

$400,000

Est. payment /mo

$450,000

11.1%
Est.Price: ?

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224 N Frederick ST Cape Girardeau, MO 63701

0.77 Acres Lot

SOLD DATE : 05/22/2026

Key Details

Sold Price $400,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Cape Girardeau

MLS Listing ID 25068336

Sold Date 05/22/26

Year Built 1989

Annual Tax Amount $3,123

Lot Size 0.770 Acres

Acres 0.77

Property Description

In the heart of downtown and just steps from dining, shopping, and campus life, this fully renovated 11-bedroom property offers a rare combination of size, location, and versatility. Formerly a medical facility, this solid, slab-built structure was completely transformed in 2020 into a high-demand sorority house, making it a proven income-producing asset for its current owners. Spanning over 5,100 square feet, the home features bedrooms thoughtfully arranged along the perimeter for privacy, while the center of the home offers a spacious living room, dining area, and oversized kitchen with a butler's pantry. A bright, inviting sunroom stretches across the back. With three bathrooms, one half bath, and two laundry rooms, the layout is designed for high occupancy and convenience. Situated on a generous lot with twenty-five parking spaces, this property is perfectly suited for group housing, co-living arrangements, student rentals, or even a conversion back into professional office or medical space. Whether you're an investor seeking strong rental income, an organization in need of housing, or a visionary ready to adapt this space to your unique use, this property offers unmatched flexibility in one of the most desirable locations in town. Property is owned by licensed Realtors.

Location

State MO

County Cape Girardeau

Interior

Heating Forced Air

Cooling Central Air

Flooring Luxury Vinyl

Fireplace N

Appliance Dishwasher, Microwave, Electric Oven, Refrigerator, Washer/Dryer

Laundry Common Area

Exterior

View Y/N No

Building

Water Public

Structure Type Brick Veneer

Others

Ownership Private

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Chelsea Dillick • EXP Realty, LLC
Bought with Sandy Tegel

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