$550,000

601 NE 1st St Oak Grove, MO 64075

Estimated payment $3,603/month

-- Bed
8 Baths
5,424 Sq Ft
$101 Price per Sq Ft

Highlights

  • 23,716 Sq Ft lot
  • Attached Garage
  • Paved or Partially Paved Lot
  • Deck
  • Forced Air Heating and Cooling System

About This Home

Strong cash-flow opportunity with broad tenant appeal. This fourplex features an attractive unit mix of two spacious 3-bedroom, 2.5-bath units and two desirable 2-bedroom, 2.5-bath units, each with an attached one-car garage—a feature that consistently enhances tenant demand and retention. The two-story floorplans offer functional living space that appeals to long-term renters, while the slab foundation and low-maintenance vinyl siding help minimize future maintenance costs. Tucked at the end of the street against a backdrop of mature trees and greenspace, the property offers a private setting rarely found in multifamily investments. Located in an area with proven rental demand, these units have historically been easy to lease, making this an ideal addition to a growing portfolio or a turnkey opportunity for investors seeking stable income and long-term appreciation potential.

Listing Agent

The Carter Group

Keller Williams Platinum Prtnr Brokerage Phone: 816-350-4455 Listed on: 06/04/2026

Keller Williams Platinum Prtnr

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,046

Lot Details

  • 23,716 Sq Ft Lot
  • Paved or Partially Paved Lot

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 8 Bathrooms
  • 5,424 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Laundry in unit

Kitchen

  • Free-Standing Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Outdoor Features

  • Deck

Schools

  • Oak Grove Elementary School
  • Oak Grove High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 38-720-01-35-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • 4 Units
  • The Groves Townhomes HOA
  • The Grove In Oak Grove Subdivision

Building Details

  • Gross Income $59,030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,046

Lot Details

0.54 Acres

HOA Fees

$180 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Co List Office Mls Id: HMSKW02
  • Co List Office Name: Keller Williams Platinum Prtnr
  • Co List Office Phone: 816-525-7000
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: The Carter Group
  • List Office Mls Id: HMSKW02
  • List Office Name: Keller Williams Platinum Prtnr
  • List Office Phone: 816-525-7000
  • Mls Status: Active
  • Operating Expense: 12206
  • Age Description: 21-30 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Package: No
  • Attribution Contact: 816-350-4455
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Free-Standing Electric Oven
  • Basement: No
  • Laundry Features: Inside
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Vinyl Siding
  • Patio And Porch Features: Deck
  • Road Surface Type: Paved
  • Inside City Limits: Yes

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached

Utilities

  • Cooling: Electric
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Cooling: Yes
  • Security Features: Smoke Detector(s)
  • Water Source: Public
  • Telecom: Cable - Available

Condo/Co-op/Association

  • Association Fee: 540
  • Association Fee Frequency: Quarterly
  • Senior Community: No
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association Name: The Groves Townhomes HOA
  • Association: Yes

Fee Information

  • Deposit: Security 1st Title

Schools

  • Middle/Junior School: Oak Grove
  • Junior High Dist: Oak Grove

Lot Info

  • Zoning: Multi
  • Building Area Total: 5424
  • Lot Size Sq Ft: 23716
  • Parcel Number: 38-720-01-35-00-0-00-000
  • Subdivision Name: The Grove in Oak Grove
  • In Flood Plain: No

Building Info

  • Number of Units Total: 4

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 59030
  • Current Occupancy Rate: Over 95%
  • Unit Count: 2
  • Gross Multiplier: 9.32

Tax Info

  • Tax Annual Amount: 6046
  • Tax Abatement YN: 0
  • Tax Comment: est

MLS Schools

  • Elementary School: Oak Grove
  • High School: Oak Grove

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
06/04/2026 06/04/26 For Sale $550,000 -- $101 / Sq Ft
Source: Heartland MLS

Source: Heartland MLS

MLS Number: 2624093

Heartland MLS
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