300 Oak St Freeman, MO 64746
Estimated payment $7,869/month
Highlights
- No HOA
- Porch
- 1-Story Property
About This Home
Rare opportunity to acquire a fully renovated, stabilized multifamily property consisting of six duplex buildings and 12 two-bedroom units at 300–311 Oak Street in Freeman, Missouri. Situated on approximately 2.74 acres, the property offers a cohesive, low-density rental community with substantial open green space and ample off-street parking.
The property underwent a comprehensive renovation in 2023 and 2024, significantly reducing near-term capital needs. Improvements included roofs and gutters, windows, HVAC systems, electrical panels, flooring, cabinetry, appliances, lighting and plumbing fixtures, interior doors, and interior and exterior paint. Additional work included attic and exterior-wall insulation, renovated bathrooms with tile surrounds and reglazed tubs, sump pumps and waterproof barriers in crawlspaces, water heater replacements as needed, and improvements to the gravel parking area.
The portfolio generates more than $150,000 in annual scheduled rent, with monthly rents ranging from approximately $995 to $1,100 per unit. The property is approximately 95% occupied, and tenants pay their own utilities. Lease expirations are staggered through 2026 and 2027, providing predictable near-term income and limiting rollover concentration.
Each single-story unit includes two bedrooms, one bathroom, a living area, eat-in kitchen, individual HVAC and water heating, washer and dryer hookups, and direct exterior access. The property provides approximately two parking spaces per unit, with additional parking available.
A 2025 appraisal concluded a value of $1.45 million and estimated market rent of approximately $1,100 per unit, indicating potential rental growth as existing leases mature. This offering provides an opportunity to acquire a renovated, income-producing multifamily asset with strong occupancy, tenant-paid utilities, limited immediate capital requirements, and continued revenue upside.
Listing Agent
Platinum Realty LLC Brokerage Phone: 816-716-8364 License #2014025113 Listed on: 07/29/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,823
Year Built
- Built in 1960
Home Design
- Frame Construction
- Composition Roof
Interior Spaces
- 12 Bathrooms
- 1-Story Property
- Laundry in unit
Kitchen
- Electric Range
- Microwave
Parking
- 30 Parking Spaces
- Off-Street Parking
- Assigned Parking
Schools
- Midway Elementary School
- Midway High School
Utilities
- Cooling Available
- Separate Meters
Additional Features
- Porch
- 2.73 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 684602
- $0 special tax assessment
Community Details
Overview
- No Home Owners Association
- 12 Units
Building Details
- Gross Income $150,840
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,762 | $98,210 | $3,670 | $94,540 |
| 2024 | $7,061 | $88,830 | $3,340 | $85,490 |
| 2023 | $7,045 | $88,830 | $3,340 | $85,490 |
| 2022 | $6,238 | $77,820 | $3,340 | $74,480 |
| 2021 | $6,235 | $77,820 | $3,340 | $74,480 |
| 2020 | $6,026 | $75,340 | $3,340 | $72,000 |
| 2019 | $5,954 | $75,340 | $3,340 | $72,000 |
| 2018 | $5,536 | $67,270 | $2,670 | $64,600 |
| 2017 | -- | $67,270 | $2,670 | $64,600 |
| 2016 | $4,318 | $57,760 | $2,670 | $55,090 |
| 2015 | -- | $57,760 | $2,670 | $55,090 |
| 2014 | -- | $57,760 | $2,670 | $55,090 |
| 2013 | -- | $57,760 | $2,670 | $55,090 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/15/2026 09/15/26 | Price Changed | $1,250,000 | -3.1% | -- | |
| 08/27/2026 08/27/26 | Price Changed | $1,290,000 | -4.4% | -- | |
| 07/29/2026 07/29/26 | For Sale | $1,350,000 | +237.5% | -- | |
| 10/03/2022 10/03/22 | Sold | -- | -- | -- | View Prior Sale |
| 08/29/2022 08/29/22 | Pending | -- | -- | -- | |
| 08/26/2022 08/26/22 | For Sale | $400,000 | +23.1% | $308 / Sq Ft | |
| 06/14/2018 06/14/18 | Sold | -- | -- | -- | View Prior Sale |
| 05/21/2018 05/21/18 | For Sale | $325,000 | +8.4% | $250 / Sq Ft | |
| 02/20/2015 02/20/15 | Sold | -- | -- | -- | View Prior Sale |
| 11/13/2014 11/13/14 | Pending | -- | -- | -- | |
| 12/15/2011 12/15/11 | For Sale | $299,900 | -- | $231 / Sq Ft |
Source: Heartland MLS
MLS Number: 2634026
APN: 0684602
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Ask me questions while you tour the home.