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    421 W 3Rd St Joplin, MO 64801

    For Sale
    $1,115,000

    MULTI_FAMILY - Other - Joplin, MO

    Property size:
    10,916 SF
    Lot size:
    0.31 Acres
    Days on Market:
    50
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 421 W 3Rd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-3
    Rooms
    Bedroom 10, Bathroom 3, Basement, Bedroom 2, Bathroom 5, Bathroom 11, Bedroom 9, Bathroom 8, Bedroom 11, Bathroom 17, Bathroom 9, Bedroom 16, Bedroom 13, Bathroom 15, Bedroom 6, Bedroom 7, Bathroom 14, Bedroom 3, Bedroom 14, Bathroom 12, Bathroom 10, Bathroom 13, Bathroom 18, Bathroom 19, Bedroom 12, Bathroom 2, Bedroom 19, Bedroom 1, Bedroom 17, Bathroom 7, Bathroom 16, Bedroom 5, Bathroom 4, Bedroom 4, Bathroom 1, Bedroom 8, Bedroom 18, Bathroom 6, Bedroom 15
    Bedrooms
    19
    Bathrooms
    19
    APN
    33-008948-0000
    Size
    10,916 SF
    Lot size
    0.31 Acres

    Utilities

    Heating system
    Hot Water(Heating), Floor Furnace, Radiant
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    19
    Flooring type
    Vinyl, Wood, Carpet
    Roof type
    Composition, Rolled Hot Mop
    Architectural style
    Other

    GLENN GROUP LLC (417) 434-4845

    Listing agent Luke Gibson (417) 434-4845 License #2015033987

    Listing date Oct 17, 2025

    MLS# 255821 Listing URL

    Copyright © 2025 Ozark Gateway Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Joplin Multifamily Investment Opportunity

    This centrally located multifamily property in Joplin, MO, presents an investment opportunity with four well-maintained buildings. The property comprises a total of 19 units, each thoughtfully designed as a 1-bedroom, 1-bath apartment. The property has a strong history of consistent occupancy, delivering stable cash flow and long-term rental demand. Its central location provides convenient access to shopping, dining, and transportation, making it attractive to tenants seeking both comfort and convenience. The property, situated on a 0.31-acre lot, is ideal for investors looking to expand or diversify their portfolio in a high-demand rental market. The property is zoned R-3. The building size totals 10916 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm 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
    Joplin
    County
    Jasper
    State
    Missouri
    Longitude
    -94.517486
    Latitude
    37.088984

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    FAQs

    What type of property is this?
    Apartment building - Centrally located 19-unit multifamily property with consistent occupancy and stable cashflow.
    Where is this apartment building located?
    The property is located at 421 W 3Rd St Joplin, MO.
    What is the asking price?
    The asking price for this property is $1,115,000.
    What are key features of this property?
    This property features: - Stable cash flow and long-term rental demand due to consistent occupancy.; - Central location provides convenient access to shopping, dining, and transportation.; - Multifamily property with four well-maintained buildings totaling 19 units.
    (417) 434-4845
    Request Owner's contact information
    421 W 3Rd St Joplin, MO 64801
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    Joplin, MO 64801
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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
    421 W 3Rd St Joplin, MO 64801
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