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Two-Building Quadplex Property
For Sale
$767,000

111 & 121 Elm St, Washburn, MO 65772

Eight rental units include a mix of one- and two-bedroom layouts, with one unit currently vacant.

Property Size8,000 SF
Price / SF$95.88
Days on Market20

Property Features for 111 & 121 Elm St

General Information

Standard status Active
Size 8,000 SF
Property subtype Multi-Family
Occupancy 86%

Units

Unit Mix 2 x 1BR, 6 x 2BR
Multifamily Units 8

Additional Details

Highway Access Yes
Tenant in Place Yes

Building Details

Year Built 1995
Buildings 2
Listing Agency: Keller Williams Market Pro
Listed By: Salmonsen Team
Source: Trilakeshomesearch
Added: Oct 18 Changed: Nov 4 Last Checked: Nov 4 at 2:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Market Pro

Rey
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Investment Insights

Based on property information with market context.

The property comprises two quadplex buildings with eight units: two one-bedroom apartments and six two-bedroom apartments. One unit is vacant. Built in 1995, the buildings have received updates over time, including LVP flooring across all units from 2022 to 2025, HVAC replacements at 111 Unit 1 in 2021 and 121 Units 1 and 2 in 2022, replacement windows at 121, new gutters from 2021 to 2022, and a master key system installed during that period. A new parking lot was completed in 2025.

The property is adjacent to the Southwest School District office, Washburn School, and Southwest High School. Hwy 31 is 0.2 miles away, and Dollar General is approximately 0.5 miles away.

Key Highlights

  • Two quadplex buildings contain eight units: 2 one‑bedroom and 6 two‑bedroom apartments
  • One unit is currently vacant
  • New parking lot completed in 2025

Property Analytics

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Lease Details

8
Residential units
86%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

54
Businesses Nearby

Demographics for 65772, MO

2,028
Population
1,174
Households
1.7
Avg Household Size
41
Median Age
10%
College-Educated
91%
High-School Grad
77.7 sq mi
ZIP Area
26
Density / Sq Mi
$58,242
Median Household Income
$40,744
Median Earnings
$625
Median Rent
$172,400
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Eight rental units include a mix of one- and two-bedroom layouts, with one unit currently vacant.
Where is this quadplex located?
The property is located at 111 & 121 Elm St Washburn, MO.
What is the asking price?
The asking price for this property is $767,000.
What are key features of this property?
This property features: Two quadplex buildings contain eight units: 2 one‑bedroom and 6 two‑bedroom apartments; One unit is currently vacant; New parking lot completed in 2025
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