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    2048 S Florence Ave Springfield, MO 65807

    For Sale
    $1,100,000

    MULTI_FAMILY - Springfield, MO

    Lot size:
    0.31 Acres
    Days on Market:
    102
    Last Refresh:
    Dec 15 at 9:06 am

    Property Features for 2048 S Florence Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    INC
    Rooms
    Bedroom 1, Bedroom 23, Bedroom 6, Bedroom 11, Bedroom 9, Bedroom 18, Bedroom 20, Bedroom 22, Bedroom 21, Bathroom 1, Bedroom 7, Bedroom 19, Bedroom 14, Bedroom 15, Bedroom 2, Bedroom 13, Bedroom 4, Bedroom 8, Bedroom 17, Bedroom 5, Bedroom 10, Bedroom 16, Bedroom 3, Bedroom 12
    Bedrooms
    23
    Bathrooms
    1
    APN
    1336114043
    Appliances
    Range, Disposal, Dishwasher, Refrigerator
    Lot size
    0.31 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1972
    Number of units
    12
    Building materials
    Brick
    Roof type
    Asphalt

    EXP Realty, LLC (913) 908-8001 [email protected]

    Listing agent Juan Du (310) 913-5502

    Listing date Sep 5, 2025

    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 Multifamily Building Near Mercy

    This 12-unit apartment building is located across from Mercy in Springfield, Missouri. The property includes eleven 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit. It features 15+ paved parking spaces located in the back of the building. A new roof and new windows have been installed. Most of the units have been remodeled within the past 3 years. Eleven units feature vinyl plank flooring, while one unit has tile. Some units are equipped with new furnaces and AC. The first-level units have newer cabinets and granite countertops. An on-site coin laundry provides additional income, and a washer and dryer are included. The property is zoned INC and sits on a 0.31-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -93.277717
    Latitude
    37.177039

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    FAQs

    What type of property is this?
    Apartment building - 12-unit apartment building, ideal for traveling nurse rentals.
    Where is this apartment building located?
    The property is located at 2048 S Florence Ave Springfield, MO.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - 12-unit apartment building across from Mercy Hospital; - New roof and new windows; - Eleven 2-bedroom/1-bathroom units; one 1-bedroom/1-bathroom unit
    (310) 913-5502
    Request Owner's contact information
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    Springfield, MO 65807
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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
    2048 S Florence Ave Springfield, MO 65807
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