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Sarcoxie Duplex: Investment Opportunity

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
2300 E 7th, Joplin, MO
Listed by The Millard Team, Pam Millard · License #2017033526
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 (±1% cap)
NOI $16,222 @ 7.0% cap · market cap 6.76%
Second Best
Apartment 5plus
$214.3K
$187.5K – $250.0K (±1% cap)
NOI $14,998 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$573.3K
$501.6K – $668.8K (±1% cap)
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

Suggested Use

Building Supply HVAC Service Law Firm Storage Facility (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Barber Shop Florist (Bike/Boat/Book/etc) Store Pharmacy

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

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.
Contact an agent
More about this property
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