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Brick Duplex With Screened Patio
New
For Sale
$225,000

1333 W Edgewood Street, Springfield, MO 65807

Residential, Springfield, MO

Property Size1,259 SF
Lot Size0.14 Acres
Price / SF$178.71
Days on Market2

Property Features for 1333 W Edgewood Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1
Parking features Driveway, Garage, Open
Window features Skylight(s), Double Pane Windows
Interior features Internet - Cable, W/D Hookup, Central Vacuum
Exterior features Cable Access
Appliances Dishwasher, Gas Water Heater, Free-Standing Electric Oven, Dryer, Washer, Microwave, Refrigerator, Disposal
Subdivision Greene-Not in List
Lot features Curbs, Easements, Level
View City
Elementary school SGF-Mark Twain
Middle school SGF-Carver
High school SGF-Parkview
Directions Kansas Exp. to East on Susnet then No on Fort to L on Edgewood to Home. OR S. Fort and W. Battlefield travel N on S. Fort t Sunset turn West to Home.
Standard status Active
APN 1802210031
Size 1,259 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Sunset Coves Phase I Lot 1
Tax Annual Amount 1266
HOA Fee $575 Annually
Legal Description Sunset Coves Phase I Lot 1

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central, Forced Air
Cooling system Central Air, Ceiling Fan(s)

Amenities

screened patio
open floor plan
formal dining room
sun tunnels
underground sprinkler system
ceiling fans
storm doors
central vacuum system

Building Details

Year built 1998
Floors in Building 1
Flooring type Engineered, Vinyl
Building materials Brick Full
Roof type Composition
Architectural style Other
Listing Agency: Century 21 Integrity Group · Century 21 Real Estate
Listed By: Tammy L Hall · License #2002018197
Added: Aug 21 Last Checked: Aug 22 at 7:06PM
MLS# 60332085

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 1998 brick duplex property offers 1,259 square feet on a 0.14-acre lot. The residence includes two bedrooms, two bathrooms, an open floor plan, formal dining area, and a screened rear patio. A two-car garage, driveway, underground sprinkler system, central vacuum, three sun tunnels, and ceiling fans add practical functionality. The roof is approximately eight years old, and a vapor barrier was installed in 2020.

Located in Springfield, Missouri, the property is served by public sewer and has cable availability. Included appliances consist of a refrigerator, washer, dryer, dishwasher, microwave, disposal, and free-standing electric oven. Central heating and air conditioning support year-round comfort, while brick construction and composition roofing provide durable exterior materials.

Key Highlights

  • 1,259‑square‑foot duplex property on a 0.14‑acre lot
  • Two bedrooms and two bathrooms with an open floor plan
  • Two‑car garage, driveway, and underground sprinkler system

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
$11,412
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
5.07%
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%
$228,240 $228.2K
Cap Rate 7%
$163,029 $163.0K
Cap Rate 9%
$126,800 $126.8K
Market Conditions
NOI Build-Up for 1,259 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
$17.4K $13.80/SF
− Vacancy
−$1.1K −$0.85/SF
EGI
$16.3K $12.95/SF
− OpEx
−$4.9K −$3.88/SF
NOI
$11.4K $9.06/SF
Area
Springfield, MO
Vacancy
6.17%
Lease Rate
$13.80 /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%
$228,240
Cap Rate 7%
$163,029
Cap Rate 9%
$126,800

Alternative Uses

Best Use
Multifamily LT 5
$163.0K
$142.7K – $190.2K (±1% cap)
NOI $11,412 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$145.4K
$127.2K – $169.6K (±1% cap)
NOI $10,178 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$190.0K
$166.3K – $221.7K (±1% cap)
NOI $13,302 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Electrical Service (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

636
Businesses Nearby

Demographics for 65807, MO

55,168
Population
28,546
Households
1.9
Avg Household Size
36
Median Age
33%
College-Educated
94%
High-School Grad
21.0 sq mi
ZIP Area
2,627
Density / Sq Mi
$50,271
Median Household Income
$33,510
Median Earnings
$994
Median Rent
$174,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Low-maintenance brick property with an open layout, private garage, and screened outdoor living area.
Where is this duplex located?
The property is located at 1333 W Edgewood Street Springfield, MO.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 1,259‑square‑foot duplex property on a 0.14‑acre lot; Two bedrooms and two bathrooms with an open floor plan; Two‑car garage, driveway, and underground sprinkler system
More about this property
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