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Neosho Multifamily Income Opportunity

17614 Elwood Junction Road Neosho, MO 64850

17614 Elwood Junction Road, Neosho, MO, 64850
$325,000
For Sale
$325,000

MULTI_FAMILY - Neosho, MO

Lot Size0.47 Acres
Days on Market53

Property Features for 17614 Elwood Junction Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
APN
15-2.0-09-000-000-006.000
Lot size
0.47 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
Pt Nw1/4 Ne1/4 Beg 774' W E Ln Nw1/4 Ne1/4 N 150' E 70' S To Rd Rw Sw To Pob & Beg 774' W E Ln Nw1/4 Ne1/4 N 150' W 50' S To Rd Rw Ne1/4 To Pob
Tax Annual Amount
1234

Utilities

Heating system
Central, Space Heater
Cooling system
Central Air
Water source
Well

Building Details

Year built
1967
Number of units
5
Building materials
Frame
Roof type
Metal
Listing Agency Show-Me Real Estate
1101 South Neosho Blvd Suite A, Neosho, MO
Listed by Liz Summitt · License #2003032122
Added: May 26 Checked: Jul 17 at 2:06 am
MLS# 60324748 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.


Investment Insights

Based on property information with market context.

This is a five-unit apartment complex located outside of Neosho, Missouri, near Highway 59, offering convenient commuting access. The property is situated on a dead-end road and occupies a lot size of approximately 0.47 acres. The complex generates a combined monthly rental income of $3250. Each unit is separately metered for electricity, including an additional meter for the well, totaling six meters. The landlord is responsible for water and trash services for all units. Currently, three units are set up to receive HUD payments. All units are currently rented, presenting an immediate income opportunity. One unit features three bedrooms, while the remaining four units each contain one bedroom and one bathroom.

Key Highlights

  • Great income opportunity with $3250 monthly rent.
  • All units currently rented.
  • 3 units set up on HUD payments.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Building Supply (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Department Store

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

FAQs

What type of property is this?
Apartment building - Five-unit apartment complex near Hwy 59, currently fully rented.
Where is this apartment building located?
The property is located at 17614 Elwood Junction Road Neosho, MO.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Great income opportunity with $3250 monthly rent.; All units currently rented.; 3 units set up on HUD payments.
Contact an agent
More about this property
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