Sarcoxie Duplex: Investment
1201 Franklin Street Sarcoxie, MO 64862
1201 Franklin Street, Sarcoxie, MO, 64862
$239,900
For Sale
$239,900
MULTI_FAMILY - Sarcoxie, MO
Property Size1,900 SF
Lot Size0.23 Acres
Price / SF$126.26
Days on Market293
Property Features for 1201 Franklin Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- Size
- 1,900 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1553
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump
Building Details
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Roof type
- Shingle
Listing Agency
CHARLES BURT REALTORS
(417) 782-1234
2300 E 7th, Joplin, MO
Listed by
The Millard Team, Pam Millard · License #2017033526
(417) 437-5888
Added: Sep 29, 2025 Checked: Jul 18 at 10:06 am
MLS# 255421
Listing URL
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This well-maintained duplex in Sarcoxie, Missouri, presents an investment opportunity. The property includes units with 3 bedrooms and 1 bath. The building is currently generating rental income, with all units occupied at $1000 per month. The property size is 1900 square feet and the lot size is 0.23 acres.
Key Highlights
- Steady rental income of $1000 per month per unit.
- Fully occupied duplex.
- Well‑maintained property.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.1k | $13.20 |
| − Vacancy | −$1.9k | −$1.00 |
| EGI | $23.2k | $12.20 |
| − OpEx | −$7.0k | −$3.66 |
| NOI | $16.2k | $8.54 |
1,900 SF · lease $13.20/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$231.7K
$202.8K – $270.4K
NOI $16,222 @ 7.0% cap · market cap 6.76%
Second Best
Apartment 5plus
$214.3K
$187.5K – $250.0K
NOI $14,998 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$573.3K
$501.6K – $668.8K
NOI $40,128 @ 7.0% cap · market cap 16.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained duplex in Sarcoxie, MO, generating steady rental income.
Where is this duplex located?
The property is located at 1201 Franklin Street Sarcoxie, MO.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Steady rental income of $1000 per month per unit.; Fully occupied duplex.; Well‑maintained property.