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    2038 N Douglas Ave Springfield, MO 65803

    Sponsored
    For Sale
    $460,000

    MULTI_FAMILY - Springfield, MO

    Property size:
    1,054 SF
    Lot size:
    0.21 Acres
    Days on Market:
    16
    Last Refresh:
    Jan 7 at 2:06 am

    Property Features for 2038 N Douglas Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    INC
    Rooms
    Bedroom 3, Bedroom 7, Bedroom 9, Bedroom 1, Bedroom 12, Bathroom 1, Bedroom 4, Bedroom 6, Bedroom 8, Bedroom 5, Bedroom 2, Bedroom 10, Bedroom 11
    Bedrooms
    12
    Bathrooms
    1
    APN
    1311124007
    Interior features
    Apply To All Units, Washer/Dryer Hookup
    Appliances
    Range
    Size
    1,054 SF
    Lot size
    0.21 Acres

    Utilities

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

    Building Details

    Year built
    1908
    Number of units
    5
    Building materials
    Vinyl Siding
    Roof type
    Composition

    Greater Springfield Realty, LLC (Keller Williams) (417) 883-4900 [email protected]

    Listing agent Wes Litton (417) 986-4330

    Listing date Dec 23, 2025

    MLS# 60311943 Listing URL

    Copyright © 2025 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.

    Overview

    Springfield Multi-Family Investment Opportunity

    This offering presents an investor opportunity in Springfield, MO, featuring a package of five single-family homes. These properties provide immediate cash flow, with month-to-month tenants already in place. The homes are located within Springfield, offering convenient management and strong rental demand. The properties consist of a mix of three-bedroom, one-bathroom and two-bedroom, one-bathroom layouts. The total lot size is 0.21 acres. The properties are zoned INC. The package is suited for investors seeking to scale quickly with stabilized income and flexibility for future value-add opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.298906
    Latitude
    37.234553

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    FAQs

    What type of property is this?
    Single family property - Five single-family homes in Springfield, MO with immediate cash flow.
    Where is this single family property located?
    The property is located at 2038 N Douglas Ave Springfield, MO.
    What is the asking price?
    The asking price for this property is $460,000.
    What are key features of this property?
    This property features: - Turnkey investment: 5 single-family homes with tenants already in place for immediate cash flow.; - Portfolio Scaling: Opportunity to quickly scale with stabilized income.; - Convenient Management: All properties are located within Springfield, MO.
    (541) 621-0923
    Request Owner's contact information
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    Springfield, MO 65803
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2038 N Douglas Ave Springfield, MO 65803
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