O'Fallon Real Estate Search

O'Fallon Multi-Family Properties for Sale

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Newest O'Fallon Multi-Family Homes for Sale

916 N Main St, O'Fallon
$450,000
ACTIVE Status ⋅ Lindsey Jacobs
A rare opportunity in the heart of O’Fallon, 916 N Main Street offers the flexibility of a well-designed duplex paired with a highly visible and convenient Main Street location. Whether you’re searching for an income-producing investment, an owner-occupied property with the ability to offset expenses, a multi-generational living arrangement, or a property with future business potential, this versatile offering provides an impressive range of possibilities. The ranch-style duplex features approximately 2,220 square feet above grade and is thoughtfully divided into two spacious units, each offering 2 bedrooms, 1.5 bathrooms, comfortable living and dining areas, a private laundry room, and functional everyday living space. Luxury vinyl flooring creates a cohesive, low-maintenance finish, while central air, forced-air heating, ceiling fans, and individual living spaces make each unit comfortable and practical. Both residences feature open living areas with plenty of room for relaxing and entertaining, functional kitchens, private laundry, and flexible layouts. Converted garage areas provide additional usable space that could serve a variety of purposes, including a home office, hobby room, playroom, storage area, or other flex space to suit the occupant’s needs. One unit has also been modified with accessibility features, including an accessible entrance, doors, bedroom, common areas, and adaptable bathroom features, adding another unique layer of versatility to the property. Outside, residents can enjoy a private fenced backyard with room for outdoor seating, recreation, or additional entertaining space. The property also provides generous paved parking with a driveway, parking area, and shared driveway configuration, an especially valuable feature for a multi-unit property. For investors, the two-unit configuration presents an opportunity to add a residential income property to a portfolio. For an owner-occupant, the layout offers the possibility of living in one residence while renting the other. It could also be an excellent solution for buyers seeking separate but neighboring living spaces for extended family or multiple generations. Beyond its residential potential, the property’s prominent Main Street setting creates additional possibilities for buyers exploring future professional or commercial uses, subject to applicable zoning and approvals. Its layout and visibility could lend themselves to professional office or service-oriented uses, giving entrepreneurs and investors another avenue to consider. An additional opportunity exists with the neighboring property at 912 N Main Street, which is also available for purchase. The seller is willing to discuss selling the properties together, creating the potential for an expanded residential, investment, income-producing, redevelopment, or commercial footprint. With two separate residences, four total bedrooms, private laundry facilities, flexible bonus spaces, ample parking, a fenced backyard, accessibility features, and a location along O’Fallon’s Main Street corridor, 916 N Main Street is an opportunity with options today and exciting potential for the future.

916 N Main St, O'Fallon

1585-1599 Belleau Creek Rd Unit 1585,1589,1595,1599, O'Fallon
$1,567,600
ACTIVE Status ⋅ Lynn Storey
New Price! RARE MULTI-FAMILY INVESTMENT OPPORTUNITY! 4 brand new-construction luxury villa units sitting on 2 private acres. Discover an exceptional opportunity to own an exclusive 4 unit luxury villa community in the heart of O'Fallon. Ideally situated directly across from Ft Zumwalt S. High School, designed with privacy, quality and modern living in mind. This unique property offers the potential for strong rental income, multi-generational living or an extraordinary private family compound. The property consists of four beautifully appointed villa residences, each offering approximately 1809 sq. ft. of finished living space and it’s own 1/2 acre parcels. Collectively, the property offers approximately 2 acres w/ wooded privacy and individual outdoor spaces, an uncommon feature for multifamily investment in this location. Each residence features an open, sophisticated floor plan with three bedrooms and two baths, a spacious vaulted great room, luxury vinyl plank flooring, abundant natural light and upgraded finishes throughout. The designer kitchen includes custom cabinetry, elegant quartz countertops, tile backsplash, oversize island with Blanco sink/breakfast bar, coffee bar with glass front cabinetry. Stainless steel appliances, gas range, microwave, dishwasher and huge convenient storage pantry. The Private primary suite provides a true retreat with vaulted ceiling, double bay, primary bath w/adult-height double-sink vanities, easy entrance low step frameless glass door shower w/ onyx walls, shower seat, and convenient bath closet, and a generous primary walk-in closet. Two additional bedrooms share a beautifully finished hall bath. Each villa offers seamless indoor/outdoor living with a large patio, expansive rear yard and private wooded backdrop. Perimeter fencing behind the villas creates and defines private outdoor areas, while the deep woods provide a rare sense of space, scenic trees, privacy and nature. Additional features include upgraded lighting, recessed lighting, under-cabinet lighting, oversized garage space, and extra parking or an extended driveway in front of each unit, which makes it easier to come and go. Irrigation systems in front and back. From an investment standpoint, these new, individually designed residences offer an attractive opportunity to establish a high-quality multifamily rental profile in a desirable O'Fallon location. Based on the size, finishes, privacy and new construction quality, rents in the upper $2000s per unit may be worth evaluating, subject to market verification at approximately $2500 to $3000 per unit monthly, comparing other properties near by without basements. Whether your strategy is long-term rental investment, multigenerational living and extended family compound, or holding a unique 4 unit property in a growing Saint Charles County market, this offering provides flexibility rarely found in conventional multifamily properties. Where else can you get a new construction investment without building it yourself, if you can find the land, and build it w/o costing you more today! Must see!

1585-1599 Belleau Creek Rd Unit 1585,1589,1595,1599, O'Fallon

161-306 Eagle Rdg, O'Fallon
$1,520,000
ACTIVE Status ⋅ Kevin Beck
Price Improvement!! Exceptional opportunity to acquire a fully-leased, 17-unit income-producing condominium portfolio in O'Fallon. This stabilized offering includes a diversified mix of one- and two-bedroom residences across multiple phases within Eagle Ridge Condominiums. Currently, all 17 units are occupied. Several units have been remodeled, enhancing long-term value and tenant appeal. All units feature fireplaces, and select residences offer vaulted ceilings, adding character and desirability. Residents enjoy access to a community pool and clubhouse, supporting strong occupancy and retention. Ideally located just one block from the intersection of Highway 50 and North Greenmount Road with quick access to Interstate 64. The property is less than 20 minutes to Scott Air Force Base and under 30 minutes to downtown St. Louis, positioning it well for consistent rental demand. HOA-managed exteriors help reduce owner maintenance responsibilities, covering exterior building maintenance with the exception of windows and doors. Many roofs, stairways, and siding sections throughout the community have recently been replaced or are currently being updated. Portfolio discount available for full-package acquisition, with additional pricing incentives for multi-unit purchases. Ideal for 1031 exchange buyers or investors seeking scalable residential income in a stable Metro East market. Seller prefers sale of the entire portfolio; however, individual or multi-unit purchases may be considered. A portfolio discount has been applied to the full package listing price.

161-306 Eagle Rdg, O'Fallon

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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of 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. Some listings have been excluded from this website.


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