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    2420 E Blaine St Springfield, MO 65803

    For Sale
    $1,500,000

    Other - Springfield, MO

    Property size:
    11,050 SF
    Lot size:
    1.22 Acres
    Days on Market:
    156
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 2420 E Blaine St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Apartments
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    18
    APN
    88-12-08-410-066
    Parking features
    Paved or Surfaced
    Exterior features
    Level, Fencing
    Fencing
    Fenced
    Size
    11,050 SF
    Lot size
    1.22 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1952
    Number of units
    13
    Roof type
    Flat
    Architectural style
    Other

    Murney Associates, LLC (417) 575-1205 [email protected]

    Listing agent Langston Group (417) 823-2300 License #2017005672

    Listing date Jul 9, 2025

    MLS# 60261518 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

    Renovated Multifamily Property in Springfield

    This is a 13-unit apartment building located in Springfield, MO. The property has been fully renovated from the studs up. The building contains five two-bedroom, one-bathroom units; four one-bedroom, one-bathroom units; and four three-bedroom, two-bathroom units. Each unit features laminate vinyl plank flooring, double-pane vinyl windows, laminate kitchen counters, an oven, a dishwasher, and a refrigerator. Some units have coin-operated washer and dryer hookups in a utility closet, while others have in-unit laundry. The property includes an oversized designated parking area, common areas, and a fully fenced pet park with a wooden privacy fence. Smoke detectors and sprinklers are installed throughout the building. The property is located near essential businesses and neighboring properties have been recently remodeled. The building is located at 2420 E Blaine St, Springfield, MO 65803 and contains 11,050 square feet on a 1.22-acre lot. The property is zoned for apartments.
    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 Daycare Center 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
    -93.246775
    Latitude
    37.228164

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    FAQs

    What type of property is this?
    Apartment building - Recently renovated 13-unit apartment building near essential businesses.
    Where is this apartment building located?
    The property is located at 2420 E Blaine St Springfield, MO.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Fully renovated 13-unit apartment building with recent construction completion.; - Cash-flowing property at or near 100% occupancy.; - Diverse unit mix: Featuring 5 two-bedroom, 4 one-bedroom, and 4 three-bedroom units.
    (417) 823-2300
    Request Owner's contact information
    2420 E Blaine St Springfield, MO 65803
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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
    2420 E Blaine St Springfield, MO 65803
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