Active
901 Grove Street
Bonne Terre, MO 63628
$1,500,000
0 beds · 0 baths
Listing office: Coldwell Banker Realty - Gundaker
Photo 1 of 1
About this home
Exceptional investment opportunity featuring a well-maintained duplex community with units built as recently as **2024**. The development was officially renamed **Rose Dr. in 2025** and offers immediate upside for investors or developers alike. This established property includes attractive apartment duplexes with **significant expansion potential**. Multiple additional duplex sites are already planned, with **water and electric infrastructure already installed**, allowing a new owner to begin construction without the expense of extending utilities. Located in a desirable setting with modern residences, paved streets, and room for continued growth, this is a rare chance to acquire both current income-producing units and future development opportunities in one package. Whether you're looking to expand your rental portfolio or complete the vision of this growing community, the groundwork has already been laid. **Highlights:** * Apartment duplex community * Some units built as recently as **2024** * Community renamed **Rose Dr. in 2025** * Utilities (water and electric) already run for future expansion * Room to build several additional duplexes * Paved streets and established infrastructure * Excellent long-term investment and income potential
Home facts
- Bedrooms
- 0
- Bathrooms
- 0
- Lot size
- 3.47 acres
- Property type
- Commercial Sale
- Year built
- 2011
- Subdivision
- Verdmont Rose Estates
- Days on market
- 99
- Listed on
- Jul 17, 2026
- Listing office:
- Coldwell Banker Realty - Gundaker, 636-931-2211
- Listing agent:
- Randi Welch
- MLS number:
- 26046036
Presented by Narrative Real Estate, 314-480-5353, jess@jessicaberchtold.com
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MARIS data last updated at October 24, 2026 at 5:15 AM CDT.
Information from third parties, deemed reliable but not verified. All data is obtained from various sources and may not have been verified by the broker or the MLS. 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 or agent presenting the information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.