Duplex With 2-Car
For Sale
$299,900
115 Cavanaugh Place, Branson, MO 65616
DUPLEX - Branson, MO
Property Size1,712 SF
Price / SF$175.18
Days on Market111
Property Features for 115 Cavanaugh Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 1, Bathroom 3, Basement, Bedroom 1, Bedroom 4
Parking features
Driveway, Garage
Patio and Porch features
Porch
Interior features
Jetted Tub, Soaking Tub, High Ceilings, W/D Hookup
Basement
Finished, Partial, Interior Entry
Appliances
Dishwasher, Free-Standing Electric Oven, Microwave, Electric Water Heater
Subdivision
Underhill Heights
Elementary school
Branson Buchanan
Middle school
Branson
High school
Branson
Directions
Victor Church Road to Cavanaugh Place, Unit is 2nd on the Left.
Standard status
Active
APN
08-3.0-05-000-000-027.002
Size
1,712 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
Underhill Heights Underhill Heights- Lt 2; Replat Of Crabwell Corners - PT LT 2
Tax Annual Amount
1096
HOA Fee
$78 Monthly
Legal Description
Underhill Heights Underhill Heights- Lt 2; Replat Of Crabwell Corners - PT LT 2
Utilities
Sewer type
Septic Tank
Heating system
Heat Pump (Heating), Forced Air, Central
Cooling system
Ceiling Fan(s), Central Air
Water source
Well
Amenities
back deck
Building Details
Year built
2010
Floors in Building
1
Flooring type
Carpet, Tile, Hardwood
Building materials
Vinyl Siding
Roof type
Metal
Listing Agency:
Currier & Company
(417) 336-1300
Listed By:
Cole Currier
(417) 336-1300
Added: May 2
Changed: Aug 15
Last Checked: Aug 20 at 7:06PM
MLS# 60322454
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This well-maintained duplex offers a functional layout with four bedrooms and three bathrooms, plus a 2-car garage. The home is finished with vinyl siding and a metal roof, and includes a porch and a back deck for outdoor relaxing. Interior highlights include high ceilings and a jetted tub and soaking tub, along with tile, carpet, and hardwood flooring. The property also features W/D hookup and includes a dishwasher, free-standing electric oven, microwave, and electric water heater.
Heating is provided by central systems and a heat pump with forced air, with central air and ceiling fans for cooling. Parking is available via the garage and driveway. The home is served by a well and a septic tank.
Built in 2010, the property totals 1,712 square feet and is described as low-maintenance living, with HOA support for lawn care.
Heating is provided by central systems and a heat pump with forced air, with central air and ceiling fans for cooling. Parking is available via the garage and driveway. The home is served by a well and a septic tank.
Built in 2010, the property totals 1,712 square feet and is described as low-maintenance living, with HOA support for lawn care.
Key Highlights
- 1,712 square feet duplex built in 2010
- Four bedrooms and three bathrooms with high‑ceiling interior layout
- 2‑car garage plus porch and back deck
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,547
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$310,940
$310.9K
Cap Rate 7%
$222,100
$222.1K
Cap Rate 9%
$172,744
$172.7K
Market Conditions
NOI Build-Up for 1,712 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$24.0K $14.04/SF
− Vacancy
−$1.8K −$1.07/SF
EGI
$22.2K $12.97/SF
− OpEx
−$6.7K −$3.89/SF
NOI
$15.5K $9.08/SF
Area
Taney County, MO
Vacancy
7.60%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$310,940
Cap Rate 7%
$222,100
Cap Rate 9%
$172,744
Alternative Uses
Best Use
Multifamily LT 5
$222.1K
$194.3K – $259.1K
NOI $15,547 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$197.5K
$172.8K – $230.4K
NOI $13,826 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$334.6K
$292.8K – $390.3K
NOI $23,420 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 65616, MO
27,562
Population
16,419
Households
1.7
Avg Household Size
43
Median Age
30%
College-Educated
90%
High-School Grad
76.5 sq mi
ZIP Area
360
Density / Sq Mi
$60,253
Median Household Income
$29,892
Median Earnings
$975
Median Rent
$243,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with a 2-car garage, porch, and low-maintenance living supported by HOA lawn care.
Where is this duplex located?
The property is located at 115 Cavanaugh Place Branson, MO.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1,712 square feet duplex built in 2010; Four bedrooms and three bathrooms with high‑ceiling interior layout; 2‑car garage plus porch and back deck
