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    Tenant-Occupied Duplex on Corner Lot Title is generated by Realmo AI

    1201 1203 S 3rd Avenue, Ozark, MO 65721

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    New
    Pending
    $229,000

    DUPLEX - Ozark, MO

    Property size:
    1,526 SF
    Lot size:
    0.18 Acres
    Added:
    Jun 9, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 13 at 1:06 am

    Property Features for 1201 1203 S 3rd Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 1
    Standard status
    Pending
    APN
    11-0.7-26-003-003-018.001
    Size
    1,526 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1060

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1970
    Floors in Building
    1

    We can help!

    Listing Contact
    Dennis J Hilton

    Listing agent Dennis J Hilton

    Listing office Hilton Realtors 7203 Hwy N, MO

    Listing date Jun 9, 2026

    MLS# 60325883 Listing URL

    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.

    HighLights

    • Income‑producing duplex with tenants in both sides
    • Central heating and central air conditioning
    • Built in 1970
    • Public sewer service available
    • Duplex has multiple bedrooms and two bathrooms

    Overview

    This duplex consists of two side-by-side residences at 1201 and 1203 S 3rd Avenue. The property is tenant-occupied on both sides, providing an income-producing rental setup. It sits on a corner lot and totals 1,526 square feet on 0.18 acres.

    Located in Ozark, Missouri, the duplex is described as being just south of the square and offers “great access” per the listing remarks. The corner-lot configuration can be advantageous for entry and overall site orientation. The property is offered for sale with showings by appointment only.

    For buyers seeking a straightforward residential income property, this duplex offers two occupied units in a single package. With tenants already in place in both sides, it may suit an owner-operator or investor looking to maintain current occupancy. Prospective purchasers should plan to review lease details and operating considerations during the appointment-only showing process.

    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 $21.1k $13.80
    − Vacancy −$1.3k −$0.85
    EGI $19.8k $12.95
    − OpEx −$5.9k −$3.88
    NOI $13.8k $9.06
    1,526 SF · lease $13.80/SF/yr · vacancy 6.17% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $197.6K
    $172.9K – $230.5K (±1% cap)
    NOI $13,832 @ 7.0% cap · market cap 6.04%
    Second Best
    Apartment 5plus
    $176.2K
    $154.2K – $205.6K (±1% cap)
    NOI $12,336 @ 7.0% cap · market cap 5.39%
    Theoretical Best
    Office A
    $230.3K
    $201.5K – $268.7K (±1% cap)
    NOI $16,123 @ 7.0% cap · market cap 7.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Ozark
    County
    Christian
    State
    Missouri
    Longitude
    -93.20437
    Latitude
    37.009833

    FAQs

    What type of property is this?
    Duplex - Duplex with tenants in both units, situated on a corner lot south of the square in Ozark, Missouri.
    Where is this duplex located?
    The property is located at 1201 1203 S 3rd Avenue Ozark, MO.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: Income‑producing duplex with tenants in both sides; Central heating and central air conditioning; Built in 1970
    More about this property
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