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    1042-1052 Commercial St Springfield, MO 65803

    For Sale
    $225,000

    Package Single Family Homes - Springfield, MO

    Lot size:
    0.17 Acres
    Days on Market:
    181
    Last Refresh:
    Dec 7 at 6:06 am

    Property Features for 1042-1052 Commercial St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    INC
    APN
    1312404038
    Lot size
    0.17 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1886
    Number of units
    3
    Architectural style
    Other

    Greater Springfield Realty, LLC (Keller Williams) (417) 883-4900 [email protected]

    Listing agent Adam Graddy (417) 883-4900 License #2004014961

    Listing date Jun 10, 2025

    MLS# 60289987 Listing URL

    Copyright © 2025 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Springfield, MO - Home Package

    This package features three single-family homes located in Springfield, MO. The properties generate a total monthly rental income of $2,425. The package includes one 3-bedroom, 2-bathroom home and two 2-bedroom, 1-bathroom homes. The properties are located on a lot with a size of 0.17 acres and are zoned INC.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.303324
    Latitude
    37.227884

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    FAQs

    What type of property is this?
    Single family property - Package of three single-family homes generating monthly rental income.
    Where is this single family property located?
    The property is located at 1042-1052 Commercial St Springfield, MO.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Package of 3 single-family homes.; - Generates $2,425 of monthly rent.; - **Includes one 3-bedroom/2-bathroom home.**
    (417) 883-4900
    Request Owner's contact information
    1042-1052 Commercial St Springfield, MO 65803
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    Springfield, MO 65803
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1042-1052 Commercial St Springfield, MO 65803
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