Six-Unit Rental
811-813 W 8th Street Joplin, MO 64801
811-813 W 8th Street, Joplin, MO, 64801
$525,000
For Sale
$525,000
MULTI_FAMILY - Other - Joplin, MO
Property Size1,800 SF
Lot Size0.92 Acres
Price / SF$291.67
Days on Market48
Property Features for 811-813 W 8th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 14
- Bathrooms
- 6
- Rooms
- Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 9, Bedroom 1, Bedroom 6, Bathroom 6, Bedroom 3, Bathroom 5, Bedroom 12, Bathroom 1, Bedroom 8, Bedroom 5, Bedroom 11, Bedroom 10, Bedroom 7, Bedroom 14, Bedroom 13, Bedroom 4
- Fencing
- Partial, Chain Link
- Basement
- Crawl Space
- Standard status
- Active
- Size
- 1,800 SF
- Lot size
- 0.92 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3109
Utilities
- Heating system
- Central, Natural Gas, Electric (Heating)
- Cooling system
- Window Unit(s), Ceiling Fan(s), Central Air
Building Details
- Floors in Building
- 2
- Number of units
- 6
- Flooring type
- Wood, Ceramic
- Roof type
- Composition, Rolled Hot Mop, Shingle
- Architectural style
- Other
Listing agency
KELLER WILLIAMS REALTY ELEVATE
(417) 623-9900
Listed by
indi Real Estate, Ryan Flanagan · License #2011018352
(417) 592-0966
Added: Jun 5 Updated: Jun 15 at 12:10PM Checked: Jul 22 at 11:06PM
MLS# 263182
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This for-sale multifamily package includes six total residential units arranged as two duplexes and two single-family homes. The unit mix features five 2-bedroom, 1-bath units and one 3-bedroom, 1-bath home, offering a diversified floorplan lineup for prospective tenants. All units are currently fully occupied, and the seller reports $5,345 per month in gross rental income, including pet fee income. Lawn care is currently provided by the seller to help maintain curb appeal.
The duplex components are located at 811 & 813 W 8th Street and 720 & 722 S Jackson Avenue. The single-family homes are located at 716 S Jackson Avenue and 730 S Jackson Avenue, rounding out the portfolio as a compact, address-specific collection within Joplin, Missouri.
For investors or buyers seeking an immediately operating rental asset, this package provides steady, in-place occupancy with a blend of 2- and 3-bedroom options. The combination of multiple rental types within one purchase also helps broaden tenant appeal while keeping management focused on a single consolidated offering.
The duplex components are located at 811 & 813 W 8th Street and 720 & 722 S Jackson Avenue. The single-family homes are located at 716 S Jackson Avenue and 730 S Jackson Avenue, rounding out the portfolio as a compact, address-specific collection within Joplin, Missouri.
For investors or buyers seeking an immediately operating rental asset, this package provides steady, in-place occupancy with a blend of 2- and 3-bedroom options. The combination of multiple rental types within one purchase also helps broaden tenant appeal while keeping management focused on a single consolidated offering.
Key Highlights
- 6‑unit multifamily package: two duplexes (811 & 813 W 8th St; 720 & 722 S Jackson Ave) plus two single‑family homes (716 & 730 S Jackson Ave).
- Unit mix: five 2‑bed, 1‑bath units and one 3‑bed, 1‑bath unit.
- All six units fully occupied and generating $5,345/month in gross rental income, including pet fee income.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.8k | $13.20 |
| − Vacancy | −$1.8k | −$1.00 |
| EGI | $22.0k | $12.20 |
| − OpEx | −$6.6k | −$3.66 |
| NOI | $15.4k | $8.54 |
1,800 SF · lease $13.20/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$219.5K
$192.1K – $256.1K
NOI $15,368 @ 7.0% cap · market cap 2.93%
Second Best
Apartment 5plus
$203.0K
$177.6K – $236.8K
NOI $14,208 @ 7.0% cap · market cap 2.71%
Theoretical Best
Office A
$543.1K
$475.2K – $633.6K
NOI $38,016 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey 6-unit portfolio of duplexes and single-family homes, fully occupied and generating monthly gross rental income.
Where is this duplex located?
The property is located at 811-813 W 8th Street Joplin, MO.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 6‑unit multifamily package: two duplexes (811 & 813 W 8th St; 720 & 722 S Jackson Ave) plus two single‑family homes (716 & 730 S Jackson Ave).; Unit mix: five 2‑bed, 1‑bath units and one 3‑bed, 1‑bath unit.; All six units fully occupied and generating $5,345/month in gross rental income, including pet fee income.
