Triplex with Appliance
For Sale
$405,000
1860-70-80 S Pike Avenue, Bolivar, MO 65613
Residential Income, Bolivar, MO
Property Size3,343 SF
Lot Size0.63 Acres
Price / SF$121.15
Days on Market76
Property Features for 1860-70-80 S Pike Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R4
Bedrooms
9
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 9, Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 8, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 6
Interior features
Carpet, Washer/Dryer Hookup
Appliances
Range, Disposal, Dishwasher, Dryer, Washer, Refrigerator
Subdivision
Porter Place
Elementary school
Bolivar
Middle school
Bolivar
High school
Bolivar
Directions
From Bolivar square, drive South on Springfield Ave to Aldrich Rd. Turn West on Aldrich Rd to Pike St. Turn South on Pike to Bradford St. Turn West on Bradford to duplex in the cul-de-sac.
Standard status
Active
APN
11-0.6-14-000-000-001.006
Size
3,343 SF
Lot size
0.63 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2297
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air
Amenities
washer/dryer hookups
washer/dryer
full kitchen appliance package
Building Details
Year built
2003
Number of units
3
Building materials
Brick, Vinyl Siding
Roof type
Composition
Listing Agency:
Stellar Real Estate Co.
(417) 777-7740
Listed By:
Jeremy Scowden
(417) 234-7391
Added: Jul 24
Changed: Oct 5
Last Checked: Oct 7 at 1:06AM
MLS# 60329728
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 2003 triplex contains three 3-bedroom, 2-bathroom units within 3,343 square feet. Each residence includes washer and dryer hookups, with the washer and dryer conveying, along with a range, disposal, dishwasher, dryer, washer, and refrigerator. Central heating, central air, and ceiling fans serve the units. Brick and vinyl siding complete the exterior, while public sewer and a composition roof support the property’s basic infrastructure.
Set on 0.63 acres at 1860-70-80 S Pike Avenue in Bolivar, Missouri, the property is near Southwest Baptist University and other Bolivar amenities. R4 zoning and the three-unit configuration provide a defined residential income property format. The offering includes three separately configured residences within one multifamily asset.
Set on 0.63 acres at 1860-70-80 S Pike Avenue in Bolivar, Missouri, the property is near Southwest Baptist University and other Bolivar amenities. R4 zoning and the three-unit configuration provide a defined residential income property format. The offering includes three separately configured residences within one multifamily asset.
Key Highlights
- Three 3‑bedroom, 2‑bathroom units
- 3,343 square feet on 0.63 acres
- Built in 2003 with R4 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,301
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,020
$606.0K
Cap Rate 7%
$432,871
$432.9K
Cap Rate 9%
$336,678
$336.7K
Market Conditions
NOI Build-Up for 3,343 SF
Gross rent
$46.1K $13.80/SF
− Vacancy
−$2.8K −$0.85/SF
EGI
$43.3K $12.95/SF
− OpEx
−$13.0K −$3.88/SF
NOI
$30.3K $9.06/SF
Area
Polk County, 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 Rate 5%
$606,020
Cap Rate 7%
$432,871
Cap Rate 9%
$336,678
Alternative Uses
Best Use
Multifamily LT 5
$432.9K
$378.8K – $505.0K
NOI $30,301 @ 7.0% cap · market cap 7.48%
Second Best
Apartment 5plus
$386.1K
$337.8K – $450.4K
NOI $27,025 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$504.6K
$441.5K – $588.7K
NOI $35,320 @ 7.0% cap · market cap 8.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
367
Businesses Nearby
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Business Placement
Demographics for 65613, MO
17,890
Population
7,327
Households
2.4
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
184.9 sq mi
ZIP Area
97
Density / Sq Mi
$56,919
Median Household Income
$31,765
Median Earnings
$828
Median Rent
$197,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units include central HVAC, washer and dryer hookups, and kitchen appliances that convey with the property.
Where is this triplex located?
The property is located at 1860-70-80 S Pike Avenue Bolivar, MO.
What is the asking price?
The asking price for this property is $405,000.
What are key features of this property?
This property features: Three 3‑bedroom, 2‑bathroom units; 3,343 square feet on 0.63 acres; Built in 2003 with R4 zoning
