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$479,900 (USD)
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Cape Girardeau Area Single Family Home

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309 S Spanish Cape Girardeau, MO 63701

3 Bed
3 Baths
3570 sqft
MLS# 25040003
If only THIS beautiful home could tell a story…Imagine all of the stories this stunning, river-view home could share….From decades of wonderful neighbors walking by and speaking “good morning”, to watching the barges gently go down the Mississippi River. This masterpiece offers easy walking distance to everything “downtown” in historic Cape Girardeau. Take an evening stroll to find the “Tunes at Twilight”, and Live Tours of historical downtown sites. You would be just steps away from live entertainment such as musicals, plays, recitals, and celebrity entertainment - all at SEMO’s River Campus Theater and the much loved Saturday mornings Farmers Market. Call this beauty home and residing in this beautiful home puts you walking distance from the huge selection of downtown eateries featuring all options from fine dining to an array of multiple cultural options including Cajun, Irish, and good ol’ home cooking southern favorites. Like to try different spirit options? Visit all of the bars that offer everything from the worlds best bourbons to locally crafted beer. This beautiful home offers approximately 3570 of quality and luxurious finished square feet, with a spacious and open floor plan, beautiful sweeping staircase, all modern amenities and finishes throughout. From beautifully landscaped gardens, to the beautifully finished wood floors - this gem is one of a kind!
Listing Courtesy of MARIS - IDX / Century 21 Ashland Realty / Sandy Tegel
$429,900 (USD)
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Cape Girardeau Area Single Family Home

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231 Good Hope Street Cape Girardeau, MO 63703

4 Bed
2 Baths
3215 sqft
MLS# 25078287
Own a piece of Cape Girardeau history with this beautifully preserved 1900 bungalow overlooking the Mississippi River. Sitting high on Good Hope Street in the Historic Downtown District, this property has been thoughtfully converted into two separate units, each with its own private entrance—an ideal setup for house hacking, multi-generational living, or investment.

The main-level unit, River Dusk, showcases original character at every turn—10 ft ceilings, oversized windows, glass French doors, and the beautifully maintained green-tiled fireplace with a marble hearth. The updated kitchen features granite countertops, custom deep cabinetry, stainless appliances, and a gas range. This level offers 2 bedrooms, 1 bathroom with original tile and a clawfoot tub, a walk-in pantry, laundry room, and a covered front porch with river views.

The upper-level unit, River Dawn, has its own private entrance and a bright, inviting layout with refinished Antique Hart Pine floors. This unit includes 2 bedrooms, a large bathroom with a double-sink vanity, soaking tub, and walk-in shower, a modern kitchen with island seating and stainless appliances, private laundry, and a living room with a bay window framing panoramic river and bridge views.

The property is currently operated as furnished short-term rentals, and all furnishings are included—creating a true turnkey opportunity for the next owner. At the list price of $429,900, the property produces a 7.27% cap rate, offering strong cash-flow potential in a highly desirable downtown location.

Both units share a fully fenced backyard and enjoy the walkability of Historic Downtown Cape—local shops, dining, the riverfront, and the Saturday farmers market are just a short stroll away.

Whether you’d like to live in one unit and rent the other, continue operating successful furnished rentals, or explore long-term leasing options, this property offers flexibility, historic character, and unmatched views rarely found in Cape Girardeau.
Listing Courtesy of MARIS - IDX / Century 21 Ashland Realty / Amber Kimbrell