Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    106 West South St Neosho, MO 64850

    For Sale
    $279,900

    Residential Multi Family, Other - Neosho, MO

    Property size:
    2,288 SF
    Days on Market:
    27
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 106 West South St

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Size
    2,288 SF

    Building Details

    Architectural style
    Other

    NextHome, Inc

    Listing agent Mike Scott (417) 627-5540 License #2008026516,PersonLicenseNumber

    Listing date Nov 10, 2025

    MLS# 255379 Listing URL

    Copyright © 2025 NextHome, Inc. 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 Property in Neosho

    This multi-family property presents a turnkey investment opportunity, featuring two recently remodeled units designed for 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 are installed in both units, which may reduce maintenance costs and enhance long-term value. A detached 2-car garage is currently rented, generating additional income. The property also includes bonus space below the garage, which could be used for storage or future development. The property is located in Neosho, MO 64850. The property size is 2288 square feet.
    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
    -94.36975861
    Latitude
    36.85839844

    Nearby Similar for Sale

    • $440,000
      4,635 SF

      Remodeled Triplex and Manufactured Home

      Two income properties: remodeled triplex and 3bd/2bth manufactured home.
      13174 Owens Ln, Neosho, MO 64850
      View Details
    • New
      $389,000
      3,832 SF

      Neosho Commercial Building For Sale

      Commercial building with multiple office spaces, reception area, and breakroom.
      4301 Doniphan Dr, Neosho, MO 64850
      View Details
    • $495,000
      50.00 Acres

      Neosho Land with Nursery Setup

      50-acre land with waterfront, greenhouse, and nursery setup.
      18284 Gazelle Dr, Neosho, MO 64850
      View Details
    • $599,000
      12,000 SF

      Neosho Warehouse and Office Space

      12,000 SF warehouse and office in Neosho Industrial District.
      841 Francis Ave, Neosho, MO 64850
      View Details
    • $489,471
      58.00 Acres

      Prime Agricultural Land in Neosho

      58 acres near I-49, ideal for farming or development.
      Gazelle Dr, Neosho, MO 64850
      View Details
    • $279,900
      2,288 SF

      Remodeled Multi-Family Investment Opportunity

      Turnkey multi-family property with updated units and income potential.
      106 W South St, Neosho, MO 64850
      View Details

    FAQs

    What type of property is this?
    Duplex - Turnkey investment: remodeled multi-family with rental income potential.
    Where is this duplex located?
    The property is located at 106 West 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 detached garage rental.; - Recently remodeled with newer mechanicals and appliances, reducing maintenance.
    (417) 627-5540
    Request Owner's contact information
    106 West South St Neosho, MO 64850
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    106 West South St
    Neosho, MO 64850
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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 West South St Neosho, MO 64850
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.