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Investment Opportunity in Belton, MO – Updated 6-Unit Property with Expansion Approval! Discover a rare multi-family investment in the heart of Belton, Missouri! This well-maintained 6-unit property - made up of three duplexes on 1.12 acres - offers immediate cash flow and exceptional future upside. With city-approved plans to build additional units, this is the perfect opportunity for investors seeking scale, stability, and long-term value. Each unit features 1 bedroom, 1 bathroom, and a 1-car garage, plus generous storage space - highly desirable features that keep these rentals consistently in demand. All units have been updated throughout, ensuring low maintenance and strong tenant satisfaction. The property is currently fully occupied and producing an impressive 7%+ cap rate, with room to push rents or further improve the asset for even greater returns. Situated in a growing area of Belton, this property offers excellent proximity to shopping, dining, major highways, and employment centers. The expansive lot provides flexibility for scaling your portfolio without the headache of acquiring more land - the city has already approved adding more units, creating a powerful value-add opportunity. Whether you're an experienced investor looking to expand your holdings or a new investor seeking a stable, income-producing asset with major upside, this property checks every box. Don’t miss this chance to secure a high-performing multi-family property with built-in growth potential. Opportunities like this are rare - schedule a tour or request financials today!

Highlights

  • Residential Income
  • Apartment
  • Built in 1970
  • 1.11 Acre Lot
  • 6 days on Market

  • Year Built
    1970
  • Stories
    1.0
  • Construction Materials
    Brick
  • Parking Features
    Attached, Garage
  • Cooling
    Electric

  • Acres
    1.11
  • Water
    Public

  • Area
    208 - Cass County, Mo
  • County
    Cass
  • City
    Belton
  • Neighborhood
    Belton
  • Zip Code
    64012
  • High School
    Belton
  • Middle School
    Belton
  • Elementary School
    Belton

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Frequently Asked Questions

How do I schedule a tour of 216 E South Ave #206?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 216 E South Ave #206.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 216 E South Ave #206?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $650,000. We can talk through recent upgrades, potential seller motivation, how this apartment compares to others in Belton, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 216 E South Ave #206?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 216 E South Ave #206 at around $4,066. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 216 E South Ave #206?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Cass County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 216 E South Ave #206?

In most cases, yes. Whether 216 E South Ave #206 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Belton's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 216 E South Ave #206?

We can handle that for you. Our preferred local agent specializes in residential incomes in Belton and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $650,000 with 3,468 sqft of space—that comes out to approximately $187 per square foot.

How long has this property been on the market?

216 E South Ave #206 was listed on November 04, 2026, which means it's been on the market for 6 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1970, making it approximately 56 years old.

What is the lot size of this property?

216 E South Ave #206 sits on a 1.11-acre lot, which is 48,352 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Belton
  • Middle: Belton
  • High: Belton

Want to see how these schools compare? Check out our Cass County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 216 E South Ave #206?

The most recent public record shows annual property taxes for 216 E South Ave #206 were approximately $4,407. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 216 E South Ave #206 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 10, 2026 at 11:52AM. All data is obtained from various sources and may not have been verified by broker or 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.

Copyright 2026, Heartland MLS. All rights reserved.

Last Updated: November 10, 2026 at 11:52AM | Source: Heartland MLS | MLS#: 2650607