Springfield MO Multi Family for Sale
$1,999,000
Address not provided Springfield, MO 65806
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.51 Acres
- Year built:
- 2010
- Baths:
- MLS#:
- 60283814
- Subdivision:
- N/a
ADDITIONAL INFORMATION
Well cared for multifamily investment opportunity, walking distance from both Missouri State University and Downtown Springfield. Property features 32 leasable units (8 four-bedroom apartments, rent-by-the-bed concept). 1:1 parking ratio, with gated, securely fenced off-street parking, a rare and valuable amenity for the area. Owners have updated interior of units, which feature shared kitchen, living room, balconies and in-unit washer/dryers. This investment makes a great addition to a real estate portfolio. With a stable rental history and property management in place, this can be a turnkey hands-off investment for its new owner.Property Description:● Multifamily-Student Housing● 4 Stories● 8 units total (4 bed/4 bath, 1410 sf each)● 32 Beds total. Rent by the bed concept● 11,280 sf rentable (12,356 sf Internal)● Built: 2010● Zoned CC● Secure/gated parking: 34-35 spaces (1:1 ratio)● $450-500/mo per bed or $1800-2000/mo per unitHighlights:● Gated private parking● Video Security, Secure Access● By the Bed concept● Renovated 2019-21 with premium finishes interior/exterior● Leed construction● All utilities Included● Good Rental History
$1,100,000
1544 E Kearney Street Springfield, MO 65803
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.09 Acres
- Year built:
- 1950
- Baths:
- 1.00
- MLS#:
- 60283752
- Subdivision:
- N/a
ADDITIONAL INFORMATION
Own a slice of Springfield history that cash flows well! The Rancho Motel, originally the Trails End Motel built in 1949, is a Route 66 landmark. Located on a high-traffic corner of Springfield, you're just minutes away from Big Shots, Whataburger, Walmart, Crumble Cookie, C-Street, and more! With 20 doors on this property, this is a fantastic chance to add a multi-family property to your portfolio! Prepare your offers!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- 60282516
- Subdivision:
- Link Est
ADDITIONAL INFORMATION
Calling All Investors! Don't miss this incredible opportunity to own a 20-unit residential package offering strong income potential and steady cash flow. This portfolio consists of well-maintained properties located in desirable neighborhoods, ensuring consistent rental demand. Many of the properties feature updated interiors, modern amenities, and long-term tenants in place, making this a turnkey opportunity for seasoned investors or those looking to scale their portfolio. Don't wait--opportunities like this don't last long.
- Type:
- Income
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.34 Acres
- Year built:
- 1938
- Baths:
- 1.00
- MLS#:
- 60281668
- Subdivision:
- Maple Grove
ADDITIONAL INFORMATION
Great investment duplex close to Evangel University. Each unit has two bedrooms, one bathroom, and central HVAC. The unit in the back has a one car attached garage.
$2,150,000
933 S Wildan Avenue Springfield, MO 65802
- Type:
- Apartment Building
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.97 Acres
- Year built:
- 1973
- Baths:
- MLS#:
- 60281345
- Subdivision:
- Hickory Grove
ADDITIONAL INFORMATION
Don't miss your chance to own this turnkey multifamily property in a prime Springfield location, within walking distance of many stores and restaurants. The property boasts 12 one-bed units and 20 two-bed units. Features include onsite laundry, ample parking, and a community courtyard. New roof in 2021.
- Type:
- Income
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1921
- Baths:
- 1.00
- MLS#:
- 60280156
- Subdivision:
- Townsend
ADDITIONAL INFORMATION
Bungalow-style duplex, just minutes from Downtown Springfield and Missouri State University, offering two turn-key units, each with 2 bedrooms and 1 bathroom. Recently remodeled, the main level features spacious living and dining areas, along with fully updated kitchens. Upstairs in each unit, you'll find both bedrooms and the bathroom. The unfinished basements includes laundry hook-ups and provides additional storage, storm safety, or the potential to create a second living area. Convenient rear parking and an enclosed back porch offer easy access to each unit. 1411 currently rents for $700/month, and 1409 for $750/month, generating a total monthly income of $1,450. Don't miss out on this prime investment! Property selling AS-IS, seller will not make repairs.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1912
- Baths:
- MLS#:
- 60279635
- Subdivision:
- Mccluers Mm
ADDITIONAL INFORMATION
Calling all buyers and investors! Don't miss out on this newly renovated duplex, conveniently located in Springfield. Both units have had extensive updates. This is the perfect opportunity to acquire a property with tenants already in place, ensuring immediate income potential! Property Details:1. 826 W Elm Street is bottom unit - 1216 Sq Ft with $1150 a month in rent.2. 824 W Elm Street is top unit - 432 sq ft with $675 a month in rent. This is the Child listing. Parent Listing is MLS 60279633.Grab this opportunity to expand your portfolio today!DO NOT DISTURB TENANTS
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1912
- Baths:
- MLS#:
- 60279633
- Subdivision:
- Mccluers Mm
ADDITIONAL INFORMATION
Calling all buyers and investors! Don't miss this market-friendly package of 3 units, all conveniently located in Springfield. All 3 units have had extensive updates. This is the perfect opportunity to acquire multiple properties all at once with tenants already in place, ensuring immediate income potential! Location of all 3 properties:1. 826 W Elm Street is bottom unit - 1216 Sq Ft with $1150 a month in rent.2. 824 W Elm Street is top unit - 432 sq ft with $675 a month in rent. 3. 619 N Nettleton Ave is a single family home - 800 sq ft with $900 a month in rent. This is the parent listing encompassing all 3 units. Grab this opportunity to expand your portfolio today!DO NOT DISTURB TENANTS
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1938
- Baths:
- MLS#:
- 60277708
- Subdivision:
- Golden Gardens
ADDITIONAL INFORMATION
- Type:
- Income
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1916
- Baths:
- MLS#:
- 60276706
- Subdivision:
- Evans, J.b.
ADDITIONAL INFORMATION
Income producing du-plex. Both units efficiency units with 1 bath. Updated flooring & interior paint, large crawl space great for storage. Old workshop in back has lots of potential to rebuild or tear down and use the slab for some additional off stree/alley access parking. Zoned R-SF.
- Type:
- Income
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1977
- Baths:
- MLS#:
- 60274576
- Subdivision:
- Webster Park
ADDITIONAL INFORMATION
Nice investment property. 2-bedroom 1 bath units.
$2,287,500
1414 W Catalpa Street Springfield, MO 65807
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.51 Acres
- Year built:
- 1948
- Baths:
- MLS#:
- 60271679
- Subdivision:
- Young's
ADDITIONAL INFORMATION
Calling all investors!! This 24-unit package includes 21 single family homes and 1 tri-plex. Whether you're an experienced investor or seeking to expand your portfolio, this package is the one for you! With a diverse population and thriving economy, the rental market promises stability and growth potential. For investors seeking to maximize their returns, there is ample opportunity for value-add improvements and rent increases. Whether through strategic renovations or enhanced property management, there are numerous avenues to enhance the asset's value over time. Don't miss out on this exclusive opportunity to acquire a premium package of 24 units and secure your stake in this lucrative investment opportunity.
- Type:
- Income
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 1944
- Baths:
- 1.00
- MLS#:
- 60270753
- Subdivision:
- Hayden's
ADDITIONAL INFORMATION
Exciting Investment Opportunity! Three charming bungalows, nestled side by side, each boasting one bedroom and one bathroom, conveniently located just minutes away from our local colleges and the vibrant heart of Downtown Springfield. These three residences, situated at 1701, 1705 & 1709 E Chestnut St, are currently occupied by tenants, generating a combined monthly income of $1,925.At 1701, a loyal tenant of two years is currently paying $575 monthly. At 1705, a new lease beginning in July 2024 includes a rent increase to $600 per month. 1709 stands out, having undergone a full remodel, boasting brand-new luxury vinyl plank flooring, fresh interiors with new doors, trim, lighting, blinds, bathroom vanity, faucet, and a new window A/C unit. The tenant at 1709 currently pays $725 per month plus $25/mo in pet rent. These properties are professionally managed, ensuring seamless operations for investors who desire hassle-free management. Don't miss out on this prime investment! Properties are sold AS-IS, with the seller making no repairs.
- Type:
- Income
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.27 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- 60269287
- Subdivision:
- South Creek
ADDITIONAL INFORMATION
Super custom-designed high-end duplex! Situated just 3 blocks from City Gold Course! With granite counter tops, high end stainless steel appliances and stunning stacked stone fireplace and so many extra upgrades this amazing duplex shines!This luxury duplex was built with 2x6 construction framed by Sundance Construction, spray foam insulation, Anderson windows, 5'' gutters, .1600 sqft of stone side siding and .52 thick vertical vinyl siding and high quality graded heat and air units. No detail has been overlooked including: amazing landscaping with fescue sod lawn, Mexican cobblestone accents, and a 31' x 8' partially covered deck.Located in the county close to great schools!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 2023
- Baths:
- MLS#:
- 60266219
- Subdivision:
- Silver Brook
ADDITIONAL INFORMATION
10 beautiful 1-year old investment properties in Silver Brook Subdivision. The homes are 3 bed, 2 bath, 3 car garage and 1371-1519 sq ft. Each home contains their own character including beautifully built custom cabinets, granite countertops throughout the whole house, stainless steel appliances- refrigerator, microwave and dishwasher, Hardwoods in kitchen, dining room, living and hallway. Seller is willing to break up the houses into (2) 5 house packages
- Type:
- Income
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 1997
- Baths:
- MLS#:
- 60263779
- Subdivision:
- Haseltines Orchard
ADDITIONAL INFORMATION
Motivated Seller!Both units are now Vacant and can be seen. Updates will be done shortly. Great chance to get in on a duplex at a great price!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.96 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- 60262400
- Subdivision:
- Crown Heights
ADDITIONAL INFORMATION
Just reduced, Owner is highly motivated to Sell and has reduced below sugested asking and will now owner fonance! This is a group of Single Family homes, 3 Lots, and a Non Conforming Commercial property all located on Single Family Dwelling lots. Property is offered in as is where is condition, Seller makes no disclosure and Buyer is to conduct all due diligence prior to making an offer. No showings will be permitted until an acceptable offer has been accepted. UNDER NO CIRCUMSTATNCES ARE THE TENNANTS TO BE DISTURBED.Address provided by Owner are:Houses:615 S Clifton2608, 2614, 2619, 2620, 2623, 2630 W Harrison2629, 2639 2645 W State StCommercial Building on R1 Lot:2603 W Harrison
Springfield Real Estate
The median home value in Springfield, MO is $217,200. This is higher than the county median home value of $217,100. The national median home value is $338,100. The average price of homes sold in Springfield, MO is $217,200. Approximately 40.57% of Springfield homes are owned, compared to 53.93% rented, while 5.5% are vacant. Springfield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Springfield real estate agent to arrange a tour today!
Springfield, Missouri has a population of 168,603. Springfield is less family-centric than the surrounding county with 24.99% of the households containing married families with children. The county average for households married with children is 29.15%.
The median household income in Springfield, Missouri is $39,991. The median household income for the surrounding county is $50,682 compared to the national median of $69,021. The median age of people living in Springfield is 33.2 years.
Springfield Weather
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 20.8 degrees. The average rainfall is approximately 45.1 inches per year, with 13.6 inches of snow per year.