310 E Franklin St Clinton, MO 64735
Estimated payment $2,752/month
About This Home
Turnkey 6-unit multifamily investment opportunity in the heart of Clinton, MO, offering strong in-place cash flow with immediate upside. This well-maintained property currently generates $4,375/month with pro forma potential of $5,075/month upon completion of a partially finished 7th unit in the basement, which is already framed and includes new plumbing, electrical, and an egress window (estimated ~$20K to complete). The unit mix includes four 2-bedroom and two 1-bedroom units, with tenants paying electric and gas, helping keep operating expenses low. Each unit features its own furnace and rooftop AC, and the property includes onsite laundry with two washers and three dryers. Major updates include a TPO roof approximately two years old and updated plumbing in the lower level. An additional commercial lot is included, offering potential to build 4–6 more units for future expansion. Conveniently located just minutes from Golden Valley Memorial Healthcare and with quick access to Highway 7 and Highway 13, this property is well-positioned near local employers, shopping, and downtown Clinton, making it an attractive option for investors seeking a cash-flowing asset with value-add and long-term growth potential.
Listing Agent
KW KANSAS CITY METRO Brokerage Phone: 913-912-9350 License #1744671 Listed on: 03/19/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,047
Year Built
- Built in 1965
Home Design
- Brick Exterior Construction
- Composition Roof
- Vinyl Siding
Interior Spaces
- 2,184 Sq Ft Home
- 2-Story Property
- Basement
Parking
- 8 Parking Spaces
- Off-Street Parking
- Assigned Parking
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number 18-1.0-02-003-021-003.000
- $0 special tax assessment
Community Details
Overview
- No Home Owners Association
- 6 Units
- Allens Addition Subdivision
Building Details
- Gross Income $39,190
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $3,047 | $63,010 | $0 | $0 |
| 2024 | $3,047 | $60,880 | $0 | $0 |
| 2023 | $3,008 | $60,880 | $0 | $0 |
| 2022 | $2,503 | $49,880 | $0 | $0 |
| 2021 | $2,451 | $49,880 | $0 | $0 |
| 2020 | $2,385 | $42,150 | $0 | $0 |
| 2019 | $2,389 | $42,150 | $0 | $0 |
| 2018 | $2,344 | $41,350 | $0 | $0 |
| 2017 | $2,276 | $40,300 | $1,960 | $38,340 |
| 2016 | $1,945 | $34,310 | $1,310 | $33,000 |
| 2014 | -- | $34,310 | $0 | $0 |
| 2013 | -- | $34,310 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/19/2026 03/19/26 | For Sale | $475,000 | +48.9% | $217 / Sq Ft | |
| 05/26/2021 05/26/21 | Sold | -- | -- | -- | View Prior Sale |
| 03/26/2021 03/26/21 | For Sale | $319,000 | +77.3% | -- | |
| 08/03/2018 08/03/18 | Sold | -- | -- | -- | View Prior Sale |
| 06/26/2018 06/26/18 | For Sale | $179,900 | -- | -- |
Source: Heartland MLS
MLS Number: 2608181
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Based on information submitted to the MLS Grid. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888) 952-6393
Based on information submitted to the MLS GRID.
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Ask me questions while you tour the home.