Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2420 E Blaine St Springfield, MO 65803

    For Sale
    $1,500,000

    Multi Family - Springfield, MO

    Lot size:
    1.22 Acres
    Days on Market:
    153
    Last Refresh:
    Dec 8 at 11:06 am

    Property Features for 2420 E Blaine St

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Zoning
    Apartments
    APN
    88-12-08-410-066
    Parking features
    Paved or Surfaced
    Interior features
    Utility Room, Washer/Dryer Hookup
    Appliances
    Dishwasher, Dryer, Refrigerator, Washer
    Lot size
    1.22 Acres

    Utilities

    Heating system
    Central, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1952
    Number of units
    13
    Building materials
    Aluminum Siding, Block, Frame, Vinyl Siding
    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# 60261517 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 Multi-Family Investment Opportunity

    This turn-key, thirteen-unit apartment building is located at 2420 E Blaine St, Springfield, MO 65803. The property, situated on a 1.22-acre lot, features five two-bedroom, one-bathroom units, four one-bedroom, one-bathroom units, and four three-bedroom, two-bathroom units. The entire building has been fully renovated from the studs up, with construction recently completed. Units feature laminate vinyl plank flooring, double-pane vinyl windows, laminate kitchen counters, and spacious layouts. Each unit is equipped with an oven, dishwasher, and refrigerator. Some units have coin-operated washer and dryer, while others have in-unit laundry. The property includes an oversized designated parking area, a utility closet, smoke detectors, and sprinklers. Common areas are available for tenants. A fully fenced wooden privacy pet park is located on-site. The property is located near essential businesses and surrounded by recently remodeled neighboring properties. The property is intended for apartments and multifamily residential income. The zoning is 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
    37.228163

    Nearby Similar for Sale

    • $995,000
      5,490 SF

      Secluded Estate with Vineyard

      Move-in ready estate on 10 acres near Springfield, MO.
      6487 N Farm Road 171, Springfield, MO 65803
      View Details
    • $275,000
      1,935 SF

      Historic Route 66 Renovated Home

      Renovated home with commercial potential on Historic Route 66.
      1020 W College St, Springfield, MO 65806
      View Details
    • $699,000
      3,743 SF

      Commercial Street Lofts For Sale

      Renovated lofts on Commercial Street, licensed for short term rentals.
      311 W Commercial St, Springfield, MO 65803
      View Details
    • $1,500,000
      11,050 SF

      Renovated Multifamily Property in Springfield

      Recently renovated 13-unit apartment building near essential businesses.
      2420 E Blaine St, Springfield, MO 65803
      View Details
    • $1,375,000
      0.40 Acres

      Renovated Multi-Family Near MSU

      Six-unit apartment building near MSU, renovated in 2016 and 2025.
      1315 E Elm St, Springfield, MO 65802
      View Details
    • $699,000
      6,690 SF

      Historic Office Building in Springfield

      Converted office building in historic district, near downtown and university.
      1201 E Walnut St, Springfield, MO 65802
      View Details

    FAQs

    What type of property is this?
    Apartment building - Thirteen-unit apartment building fully renovated and near 100% occupancy.
    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 from the studs up.; - Cash-flowing property at or near 100% occupancy.; - Attractive mix of unit types: 5x 2-bed/1-bath, 4x 1-bed/1-bath, 4x 3-bed/2-bath.
    (417) 823-2300
    Request Owner's contact information
    2420 E Blaine St Springfield, MO 65803
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2420 E Blaine St
    Springfield, MO 65803
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.