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Own a remarkable piece of local history with exceptional income potential at 2120 Faraon Street. Originally constructed as a grand private residence and once owned by a prominent local business leader, this impressive mansion was converted into apartments in 1930 and continues to showcase the character and craftsmanship of a bygone era. Today, the three-story property offers nine separately metered apartments, including one studio unit, making it an outstanding investment opportunity. Tenants and guests are welcomed by a large covered front porch and beautiful vintage common areas filled with historic charm and architectural detail. Two occupied units provide immediate rental income, while three fully furnished apartments are fully stocked and ready for short-term or long-term renters. Four additional units are ready for a new owner's finishing touches, creating significant value-add potential. The building is served by a central gas heating system and central water heater, while the basement offers ample storage space and potential for shared laundry facilities. With multiple revenue streams and room for growth, this unique property combines historic appeal with strong investment fundamentals. Once fully occupied and leased, the property has the potential to generate in excess of $7,000 per month in gross rental income. Whether you're seeking a distinctive addition to your portfolio or an opportunity to restore and maximize a local landmark, 2120 Faraon Street offers character, history, and income potential that are increasingly difficult to find.
- Directions
- From Highway 36, take the 22nd St. exit. Follow 22nd St. north to Faraon St. Home is at the corner of N 22nd St. and Faraon St.
- Subdivision
- Other
- City
- St Joseph
- County
- Buchanan
- Property Type
- Residential Income / Converted Residence
- Listing Updated
- Jun 20, 2026 at 10:06pm
- MLS Number
- 2626902
- Property Tax
- $1,768
- Zoning
- $CITY
- Home Owners Association
- No
- Disclaimer
- The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2026, Heartland Multiple Listing Service, Inc. Heartland MLS, Elite Realty and Agent Jo do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.
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