Listing details for 117 E Walnut St, Drexel, MO 64742 : Fantastic investment property, excellent condition and great location in the middle of town just blocks from school. Fourplex fully leased on one year agreements. Cash flowing with current rentals of $2,650 per month for an annual net operating income of more than $24,000. All four units are below market rent with potential to generate NOI of more than $30,000. Selling at a current cap rate of 8.2% with the potential to be nearly 10%!
Based on information submitted to the MLS GRID as of 2026-08-10. 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