NOT LISTED FOR SALE
1 Bed
-- Bath
726 Sq Ft
-- Built

About This Home

Built in the early 1900’s, the three buildings are located in Springfield, Missouri at 423 E Elm Street, 722 S Jefferson Avenue & 728 S Jefferson Avenue. All three buildings were originally built as multiple dwelling apartments and have been consistently used as such through the years. The buildings are included on the National Register of Historic Places because of their contribution as part of Springfield’s compelling inventory of intact early period multiple-dwelling apartment buildings. Built over 80 years ago to fill the housing demands for easy access to mass transportation and commercial business interests, the buildings stand today as a testimony of the continued need for affordable, accessible, quality housing in thriving downtown Springfield. The existing units (72 efficiencies) were converted into 12 efficiency units with one bath and 40 one-bedroom units with one bath. The rental rates include water, trash and sewer paid. Each unit has central heating and air conditioning, washer/dryer, dishwasher, garbage disposal, range and oven, refrigerator, microwave, carpeting, and mini-blinds. Every household is provided wireless Internet access to allow for a technology accessible opportunity. In addition to modern units, the property provides a landscaped community patio area for the residents to enjoy a quiet place to relax. By utilizing our already local, experienced management and maintenance staffs, the property is professionally managed, ensuring its continued viability for many years to come. Accordingly, the project serves as much needed multi-family housing that encourages the continued growth of commercial and retail developments crucial to the balance of an economic and prosperous downtown infrastructure.

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 Change Sq Ft Price
04/04/2025 04/04/25 Off Market $700 -- --
08/08/2023 08/08/23 For Rent $700 0.0% --
07/13/2023 07/13/23 For Rent $700 0.0% --
06/19/2023 06/19/23 For Rent $700 0.0% --
08/23/2022 08/23/22 For Rent $700 -- --

Tax History Compared to Growth

Source: Public Records

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