Introducing Monroe Heights, a versatile 16-unit multi-family complex located at 610 S. Monroe Street, Monroe City, MO, offering a prime investment opportunity. Situated on a 0.94-acre lot with 6,700 square feet of rentable space across two buildings, the property features eight 1-bedroom units renting at $499 and eight 2-bedroom units renting at $699, with potential for Section 8 eligibility. Currently, seven units are occupied, generating $2,825 in monthly income, while nine units remain vacant, offering significant upside potential for an investor willing to reposition this asset. The property operates without on-site management, laundry facilities, or an office, ensuring streamlined operations for future ownership. Utilities are fully electric, with no current utility expenses for the owner, and the property is not located within a FEMA flood zone. With strategic upgrades, the nine vacant units can be leased to maximize returns. Offered by KAMY REAL Estate TRUST, Monroe Heights provides a rare chance to own an income-generating asset in a stable rental market. With a strong rental demand in Monroe City and the potential for government-subsidized rents, this property is ideal for investors looking to enhance their portfolio with a value-add opportunity