Neosho Multifamily Income
For Sale
$325,000
17614 Elwood Junction Road, Neosho, MO 64850
MULTI_FAMILY - Neosho, MO
Property SizeContact for details
Lot Size0.47 Acres
Days on Market98
Property Features for 17614 Elwood Junction Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
Newton-Not in List
Elementary school
Central
Middle school
Neosho
High school
Neosho
Directions
Hwy 59 and business hwy 60, west to Elwood Junction, north to property on left
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
Legal 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
Utilities
Heating system
Space Heater, Central
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
(417) 451-7000
Listed By:
Liz Summitt · License #2003032122
(417) 850-5540
Added: May 26
Changed: Aug 4
Last Checked: Aug 31 at 11:06AM
MLS# 60324748
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
Current Use
Lease Details
5
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 64850, MO
24,586
Population
10,004
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
203.3 sq mi
ZIP Area
121
Density / Sq Mi
$60,945
Median Household Income
$35,610
Median Earnings
$762
Median Rent
$161,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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.
