Commercial & Investment Real Estate Specialists
1816 N Hanley Road
Normandy, MO, 63114
$1,879,000
Beds
0 Baths
994 SqFt
0.19 Acres
Add
MLS #MIS26069496 image #0
This home is part of a package of 21 homes priced at a total of $1,879,000 with an estimated 10.45% cap rate. 20 out of the 21 homes are rented and there are 2 section 8 leases and 18 market-rate leases. Average rents are $1,305/month. Most rents are 66-89% of FMR so there is rental income upside. Tenants pay their own sewer bills. The package includes six 2-bedroom homes, thirteen 3-bedroom homes, and two 4-bedroom homes. This package is also available without the 8117 Bluemont property which would put the total price at $1,729,000 with a cap rate of 10.85%. Seller is not offering any seller financing. Please include the following in the special agreements section: “Properties are being sold as is with seller to do no inspections or repairs. Buyer will have one-time access to the properties. Access will be scheduled once earnest money is deposited. This contract may not be assigned.” Please see the documents section for the marketing pdf with details on the other properties.

Property Details

Price:
$1,879,000
MLS #:
MIS26069496
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
5 Family or More
Subdivision:
Hanley Hills 3rd Add
Neighborhood:
106normandy
Listed Date:
Oct 29, 2026
Finished Sq Ft:
994
Lot Size:
8,438 sqft / 0.19 acres (approx)
Year Built:
1949
Traditional106 – Normandy106normandyHanley Hills 3rd AddNormandyWashington Elem.Washington Middle SchoolNormandy HighTenant Occupied

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Schools

School District:
Normandy
Elementary School:
Washington Elem.
Middle School:
Washington Middle School
High School:
Normandy High

Interior

Above Grade Finished Area
994
Cooling
Central Air
Heating
Forced Air

Exterior

Architectural Style
Traditional
Attached Garage YN
1
Construction Materials
Brick
Garage Spaces
1
Parking Features
Driveway

Financial

Net Operating Income
$196,331
Tax Year
2025
Taxes
$1,701

Map

Community

Market Summary

Current real estate data for Multi Family in Normandy as of Oct 30, 2026
2
Multi Family Listed
194
Avg DOM
1,006
Avg $ / SqFt
$3,979,500
Avg List Price

Property Summary

    Located in the Hanley Hills 3rd Add subdivision, 1816 N Hanley Road Normandy MO is a Multi Family for sale in Normandy, MO, 63114. It is listed for $1,879,000 To schedule a showing of MLS#mis26069496 at 1816 N Hanley Road in Normandy, MO, contact your Realty Exchange agent at (314) 647-2220.

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