815-837 W 4th Street Joplin, MO 64801
MULTI_FAMILY - Joplin, MO
Property Features for 815-837 W 4th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Zoning
- R-3
- Bedrooms
- 24
- Bathrooms
- 24
- Rooms
- Bedroom 7, Bathroom 16, Bathroom 17, Bedroom 4, Bathroom 10, Bedroom 20, Bedroom 22, Bathroom 22, Bathroom 3, Bathroom 7, Bathroom 1, Bedroom 17, Bedroom 15, Bedroom 18, Bedroom 8, Bathroom 18, Bathroom 21, Bedroom 3, Bedroom 9, Bedroom 11, Bathroom 4, Bathroom 2, Bathroom 6, Bedroom 2, Bathroom 20, Bedroom 1, Bedroom 10, Bathroom 24, Bedroom 24, Bathroom 15, Bedroom 13, Bathroom 5, Bathroom 14, Bedroom 16, Bathroom 12, Bedroom 14, Bedroom 5, Bathroom 23, Bathroom 19, Bathroom 13, Bathroom 11, Bathroom 9, Bedroom 12, Bedroom 21, Bedroom 23, Bathroom 8, Bedroom 19, Bedroom 6
- Standard status
- Pending
- Size
- 14,088 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2759
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air, Window Unit(s)
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 24
- Flooring type
- Wood, Carpet, Vinyl
- Roof type
- Rolled Hot Mop
Listing agent Luke Gibson License #2015033987 (417) 359-6868
Listing office GLENN GIBSON COMMERCIAL REAL ESTATE 2650 E 32nd Street Ste. 221, JOPLIN, MO (417) 825-8213
Listing date Jun 3, 2026
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.
Located at 815–837 W 4th Street in Joplin, the property is positioned just minutes from Downtown Joplin. The listing notes access to major employers as well as shopping, dining, and entertainment options in the downtown area.
With consistent unit mix across the community, the asset may appeal to investors or operators looking for a straightforward residential income property featuring 1-bedroom floorplans. The offering is presented as turnkey, with the emphasis placed on maintained buildings, unit functionality, and professional management for ongoing operations.
Key Highlights
- Three‑building multifamily complex with 24 total units
- All units are 1‑bedroom, 1‑bath layouts
- Minutes from Downtown Joplin, MO (based on provided remarks)
Local Financial Insights For Apartment 5plus
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 | $219.8k | $15.60 |
| − Vacancy | −$17.6k | −$1.25 |
| EGI | $202.2k | $14.35 |
| − OpEx | −$91.0k | −$6.46 |
| NOI | $111.2k | $7.89 |
