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8-Unit Apartment Property
New
For Sale
$767,000

111 & 121 Elm Street, Washburn, MO 65772

Residential Income, Washburn, MO

Property Size8,000 SF
Lot Size2.50 Acres
Price / SF$95.88
Days on Market3

Property Features for 111 & 121 Elm Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 14
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 6, Bedroom 10, Bedroom 9, Bedroom 11, Bedroom 13, Bedroom 5, Bedroom 12, Bedroom 3, Bedroom 7, Bathroom 1, Bedroom 8, Bedroom 1, Bedroom 14, Bedroom 4, Bedroom 2
Appliances Range, Dishwasher, Refrigerator
Elementary school Southwest
Middle school Washburn
High school Southwest
Directions Heading northeast on State Hwy 37 N, turn left onto Oak St, then left on Elm St. The property will be at the end of the road on the right.
Standard status Active
APN 24-8.0-27-000-000-0038.022
Size 8,000 SF
Lot size 2.50 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2909

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Heat Pump (Heating), Central
Cooling system Central Air

Building Details

Year built 1995
Number of units 8
Building materials Vinyl Siding
Roof type Metal, Shingle
Buildings 2
Listing Agency: Keller Williams Market Pro
Listed By: Salmonsen Team
Added: Oct 26 Changed: Oct 28 Last Checked: Oct 28 at 8:06AM
MLS# 60337077

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.

Rey
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Investment Insights

Based on property information with market context.

This 8,000-square-foot apartment property consists of two quadplexes on 2.5 acres. The eight-unit mix includes 2 one-bedroom and 6 two-bedroom apartments. The buildings were constructed in 1995 and have vinyl siding, central air conditioning, and central or heat-pump heating. Appliances include ranges, dishwashers, and refrigerators. Improvements include a parking lot completed in 2025, LVP flooring installed across the units from 2022 to 2025, and updated HVAC systems in specified units in 2021 and 2022. Building 121 also has replacement windows; gutters and a master key system were added during 2021–2022.

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. Water is available, and the property connects to public sewer.

Key Highlights

  • Two quadplexes with 8 units: 2 one‑bedroom and 6 two‑bedroom apartments
  • 8,000 square feet on 2.5 acres; built in 1995
  • 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Apartment building - Two buildings offer a mix of one- and two-bedroom residences, with central air conditioning and central or heat-pump heating.
Where is this apartment building located?
The property is located at 111 & 121 Elm Street 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 quadplexes with 8 units: 2 one‑bedroom and 6 two‑bedroom apartments; 8,000 square feet on 2.5 acres; built in 1995; New parking lot completed in 2025
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