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    106 W South St Neosho, MO 64850

    For Sale
    $279,900

    MULTI_FAMILY - Other - Neosho, MO

    Property size:
    2,288 SF
    Lot size:
    0.35 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 9 at 8:06 pm

    Property Features for 106 W South St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 5
    Bedrooms
    5
    Bathrooms
    2
    APN
    15-9.0-30-002-028-034.000
    Basement
    Finished, Full
    Size
    2,288 SF
    Lot size
    0.35 Acres

    Utilities

    Heating system
    Central, Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    2
    Number of units
    2
    Flooring type
    Concrete
    Roof type
    Shingle
    Architectural style
    Other

    Paramount Real Estate Partners, LLC (417) 626-5540 [email protected]

    Listing agent Michael J Scott (417) 627-5540 License #2008026516

    Listing date Nov 10, 2025

    MLS# 255379 Listing URL

    Copyright © 2025 Ozark Gateway Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Multi-Family Investment Opportunity

    This recently remodeled multi-family property presents a turnkey investment opportunity, featuring two updated units designed for reliable rental appeal. The upstairs unit provides 3 bedrooms and 1 bath, while the downstairs unit offers 2 bedrooms and 1 bath. Newer mechanicals and appliances in both units contribute to reduced maintenance costs and enhanced long-term value. A detached 2-car garage is currently rented, generating additional income, with bonus space below that holds potential for storage or future development. Situated on a 0.35-acre lot, the property encompasses a total of 2288 square feet. Located in Neosho, Missouri, this property offers modern updates and multiple income streams.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Neosho
    County
    Newton
    State
    Missouri
    Longitude
    -94.369755
    Latitude
    36.858397

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    FAQs

    What type of property is this?
    Duplex - Turnkey multi-family property with updated units and income potential.
    Where is this duplex located?
    The property is located at 106 W South St Neosho, MO.
    What is the asking price?
    The asking price for this property is $279,900.
    What are key features of this property?
    This property features: - Turnkey investment property with two updated units.; - Multiple income streams: two rental units plus garage rental.; - Newer mechanicals and appliances in both units.
    (417) 627-5540
    Request Owner's contact information
    106 W South St Neosho, MO 64850
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    Neosho, MO 64850
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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
    106 W South St Neosho, MO 64850
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