
Seller's Agent in 2025
Mike Bowman
Murney Associates - Primrose
(417) 865-6500
150 Total Sales
RARE INVESTOR SPECIAL!! Are you looking to expand your portfolio with this turn-key secure investment? Here it is, with 100% occupancy! This Multi-Family property is a top performer, at an actual 8.19% CAP RATE, with room to grow income via additional rent stabilization/raising and updating further units. The stabilized CAP RATE of this property is projected to be 10.86%.
This property is made up of 3 buildings with 11 total units and has room to grow! Some features about these 11 units include:
- 3.84 +- Acres
- 11 Total Units (Units #8 & #11 have been completely renovated with brand new bathrooms, updated kitchens and all new surfaces; other units have received regular updates/maintenance)
- 3 Buildings (brick, stone, or vinyl siding)
- 8,120 +- Rentable Sq Ft between all units
- Very close to Highway I-44 (Only 15 minutes to Springfield!)
- Window unit air in all units
- Baseboard heating in all units
- Individually metered for utilities (tenant pays part)
- Community washer & dryer ''laundry house'' is on-site (coin operated and revenue generating)
- A new Well was recently installed, which services all units for water
- And more!
This would be perfect for someone looking to efficiently upgrade the quantity of their portfolio.. 11 units, all in one swoop! Don't miss out on this cozy multi-family property tucked away nicely in Marshfield! **Annual Pro-Forma Rental Income is $82,500; see documents section of the MLS Listing for all financial info**
Last Agent to Sell the Property
Murney Associates - Primrose License #2018015257 Listed on: 10/09/2024
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/14/2025 03/14/25 | Sold | -- | -- | -- |
02/04/2025 02/04/25 | Pending | -- | -- | -- |
12/20/2024 12/20/24 | Price Changed | $585,000 | -0.8% | -- |
10/09/2024 10/09/24 | For Sale | $590,000 | -- | -- |
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 |
---|---|---|---|---|
2024 | $2,035 | $39,200 | $0 | $0 |
2023 | $1,972 | $39,200 | $0 | $0 |
2022 | $1,973 | $39,200 | $0 | $0 |
2021 | $1,972 | $39,200 | $0 | $0 |
2020 | $1,861 | $37,940 | $0 | $0 |
2019 | $1,861 | $37,940 | $0 | $0 |
2018 | $1,756 | $35,780 | $0 | $0 |
2017 | $1,534 | $38,360 | $0 | $0 |
2016 | $1,534 | $34,830 | $0 | $0 |
2015 | $1,464 | $33,950 | $0 | $0 |
2012 | -- | $33,250 | $0 | $0 |
Seller's Agent in 2025
Mike Bowman
Murney Associates - Primrose
(417) 865-6500
150 Total Sales
Buyer's Agent in 2025
Kathy Thompson
Springfield Branson Realty
(417) 862-5533
54 Total Sales
Source: Southern Missouri Regional MLS
MLS Number: 60279554
APN: 12-7.0-26-003-001-002.000