1107-1109 Grove Street, Carthage, MO 64836
- Added:
- Jun 10, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 12 at 11:06 pm
Property Features for 1107-1109 Grove Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Laundry Room, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Basement
- Interior features
- W/D Hookup, Granite Counters
- Basement
- Unfinished, Full
- Standard status
- Active
- APN
- 14200430006008000
- Size
- 1,536 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1065
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Ceiling Fan(s), Central Air
Building Details
- Year built
- 1977
- Floors in Building
- 1
- Flooring type
- Vinyl
- Roof type
- Composition
- Additional Structures
- Storage
Listing agent Jared Moser (417) 592-0357
Listing office ReeceNichols - Neosho 1010 W. Harmony, Kimberling City, MO (417) 451-4155
Listing date Jun 10, 2026
Copyright © 2026 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.
HighLights
- One‑level duplex with two 2‑bedroom, 1‑bath units
- Left unit has a long‑term tenant paying $800/month
- Right unit was recently renovated and is ready for a new tenant or owner occupant
- Full unfinished basement beneath each unit for additional storage and potential future finished space (subject to buyer verification)
- Basement includes existing electrical and some plumbing infrastructure
- Central heat and central air; granite counters; vinyl flooring; composition roof (built 1977)
Overview
The property is located at 1107-1109 Grove Street in Carthage, Missouri. It sits on 0.29 acres and totals 1,536 square feet of building area.
For buyers seeking a two-unit residential income property, the current occupancy on one side can support immediate rental utilization, while the renovated unit offers leasing or owner-occupant flexibility. The basements may appeal to tenants or owners looking for practical storage and the possibility of future improvement, subject to buyer verification and required approvals.
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 | $20.3k | $13.20 |
| − Vacancy | −$1.5k | −$1.00 |
| EGI | $18.7k | $12.20 |
| − OpEx | −$5.6k | −$3.66 |
| NOI | $13.1k | $8.54 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Carthage
- County
- Jasper
- State
- Missouri
- Longitude
- -94.325171
- Latitude
- 37.174749
