NOT LISTED FOR SALE
32 Beds
-- Bath
-- Sq Ft
0.52 Acres

Last Sold April 16, 2024

91 Days on Market

Highlights

  • City View
  • Laundry Facilities
  • Boiler Heating System

About This Home

As of April 2024

Premier Investment Opportunity! 17-Unit Apartment Complex Adjacent to Missouri State University Campus

Welcome to an incredible real estate investment opportunity that combines location, income potential, and value appreciation in one package! This 17-unit apartment complex, nestled right next to the prestigious Missouri State University Campus, offers an outstanding chance to capitalize on the growing demand for student housing.
- Unbeatable Location: Location is everything, and this property boasts an unbeatable one! Situated adjacent to the Missouri State University Campus, students will love the convenience of walking to classes, making this a prime choice for them.

- Income Potential: Maximize your return on investment with the convenience of onsite laundry facilities. Not only does this make life easier for your tenants, but it also provides an additional income stream, increasing your overall revenue.

- Ample Parking: Forget about the parking hassles that often come with city living. This complex offers onsite paved parking, providing tenants with a secure and hassle-free parking experience.

- Recent Exterior Renovations: Aesthetics matter, and this property has undergone recent exterior renovations, ensuring that it stands out and maintains its appeal. The modern and fresh appearance will attract tenants seeking a contemporary living space.

- Rent Increase Potential: With its prime location and recent renovations, you have the opportunity to quickly raise unit rents. Take advantage of the strong demand for convenient, well-maintained housing in this area and watch your income grow.

Investors, this is your chance to secure a prime piece of real estate in a location that is consistently in demand. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a promising opportunity, this 17-unit apartment complex has the potential to deliver impressive returns.

Last Agent to Sell the Property

Kody Gideon

ReeceNichols - Springfield License #2015006628 Listed on: 01/23/2024

ReeceNichols - Springfield

Last Buyer's Agent

Christopher Weich

Christopher Weich Realty License #2006032622

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,250

Year Built

  • Built in 1967

Lot Details

  • 0.52

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Schools

  • Rountree Elementary School
  • Parkview High School

Additional Features

  • City Views
  • Oven or Range
  • 0.52 Acre Lot
  • Boiler Heating System

Community Details

  • 17 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 881324108009

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,250

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Lot Size Acres: 0.52
  • Water Body Name: None
  • Subdivision Name: N/A
  • Garage Yn: No
  • Year Built: 1967
  • Appliances Refrigerators: Yes
  • Water: Yes
  • Appliances Oven Range: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator

Exterior Features

  • View: City
  • Waterfront: No
  • General Property Description:WaterfrontView: None
  • Construction:Vinyl Siding2: Yes
  • Construction:Brick5: Yes

Garage/Parking

  • Parking Features: Paved Area, Street
  • Parking:Street: Yes
  • Parking:Paved Area: Yes

Utilities

  • Heating: Boiler
  • Sewer: City Sewer
  • Heating Yn: Yes
  • Water Source: City Water
  • Utilities Electricity: Yes

Association/Amenities

  • Amenities:Central Laundry: Yes

Schools

  • Middle Or Junior School: SGF-Jarrett

Lot Info

  • Zoning: multi-family
  • Lot Size Sq Ft: 22651.2
  • Parcel #: 881324108009
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5250.01

Multi Family

  • Number Of Units Total: 17

MLS Schools

  • Elementary School: SGF-Rountree
  • High School: SGF-Parkview

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2024 04/16/24 Sold -- -- --
02/05/2024 02/05/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $1,450,000 0.0% --
01/14/2024 01/14/24 Pending -- -- --
01/05/2024 01/05/24 Price Changed $1,450,000 -6.5% --
12/23/2023 12/23/23 For Sale $1,550,000 0.0% --
12/14/2023 12/14/23 Pending -- -- --
11/06/2023 11/06/23 For Sale $1,550,000 +29.2% --
09/09/2019 09/09/19 Sold -- -- -- View Prior Sale
06/21/2019 06/21/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $1,200,000 +23.4% --
07/27/2018 07/27/18 Sold -- -- -- View Prior Sale
05/09/2018 05/09/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $972,775 -- $72 / Sq Ft
Source: Southern Missouri Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Missouri Regional MLS

MLS Number: 60255869

Southern Missouri Regional MLS