1

Kennett, MO Multifamily Home for Sale

Section Image
  • /10

    $215,000

    • 8 Beds
    • 4 Baths
    • 2,996 Sq Ft

    801 Park St, Kennett, MO 63857

    Well-maintained quadruplex offering a strong investment opportunity with immediate and long-term upside. Each unit features 2 bedrooms and 1 bathroom, providing a consistent and desirable layout for tenants. Two units have been recently updated, offering modern finishes and increased rental potential, while the remaining two units are occupied by long-term tenants of 10+ years, providing stable

    Kaydee Mitchell EDGE Realty, ERA Powered

    801 Park St, Kennett, MO 63857

Why Live in Kennett

Kennett, located in the bootheel of Missouri, is a small rural city with a population of about 10,000. As the county seat of Dunklin County, it is a significant producer of cotton, watermelon, and cantaloupe. The local economy is supported by healthcare, manufacturing, and retail sectors. Home styles in Kennett vary from early 20th-century bungalows and farmhouses in the downtown area to ranch-style and split-level homes in the east and southeast sections, with newer constructions in the southern parts of town. The median price of a single-family home is under $120,000, significantly lower than the national median. Kennett School District 39 serves around 1,800 students with a four-day school week and offers numerous extracurricular activities. The city boasts six parks, including R. H. Jones Memorial Park and Indian Park, as well as the Sheryl Crow Aquatic Center for summer relief. Downtown Kennett features historic sites, shopping, dining, and the renovated Kennett Palace Theater. The annual Delta Fair in September draws visitors from nearby regions. For travel, Memphis International Airport is 80 miles away. However, Kennett experiences extreme weather conditions, including high summer temperatures and cold winters, and is at higher risk for tornadoes. Crime rates have fluctuated, with recent trends showing a decrease in property crime since 2021.

Home Trends in Kennett, MO

Housing Trends

Median Sale Price
$125,000
Median Single Family Sale Price
$120,000
Average Price Per Sq Ft
$71
Number of Homes for Sale
31
Last 12 months Home Sales
85
Months of Supply
4.40
Median List Price
$135,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
0%
How to Buy a Home How to Finance a Home How to Sell a Home