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Duplex Property With Garage
For Sale
$299,900
Pending

115 Cavanaugh Place, Branson, MO 65616

Residential, Branson, MO

Property Size1,712 SF
Days on Market144

Property Features for 115 Cavanaugh Place

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 2, Bathroom 3, Basement, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2
Parking features Garage, Driveway
Patio and Porch features Porch
Interior features Jetted Tub, Soaking Tub, High Ceilings, W/D Hookup
Basement Interior Entry, Finished, Partial
Appliances Dishwasher, Free-Standing Electric Oven, Microwave, Electric Water Heater
Subdivision Underhill Heights
Elementary school Branson Buchanan
Middle school Branson
High school Branson
Directions Victor Church Road to Cavanaugh Place, Unit is 2nd on the Left.
Standard status Pending
APN 08-3.0-05-000-000-027.002
Size 1,712 SF

Taxes and HOA fees

Tax Year 2025
Tax Description Underhill Heights Underhill Heights- Lt 2; Replat Of Crabwell Corners - PT LT 2
Tax Annual Amount 1096
HOA Fee $78 Monthly
Legal Description Underhill Heights Underhill Heights- Lt 2; Replat Of Crabwell Corners - PT LT 2

Utilities

Sewer type Septic Tank
Heating system Central, Heat Pump (Heating), Forced Air
Cooling system Ceiling Fan(s), Central Air
Water source Well

Amenities

back deck

Building Details

Year built 2010
Floors in Building 1
Flooring type Carpet, Tile, Hardwood
Building materials Vinyl Siding
Roof type Metal
Listing Agency: Currier & Company
Listed By: Cole Currier · License #2012035467
Added: May 2 Changed: Sep 17 Last Checked: Sep 22 at 3:06AM
MLS# 60322454

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.

Investment Insights

Based on property information with market context.

This 1,712-square-foot duplex property, built in 2010, offers four bedrooms and three bathrooms within a functional layout. Interior features include high ceilings, a jetted tub, a soaking tub, and a washer and dryer hookup. Hardwood, tile, and carpet flooring are paired with vinyl siding, a metal roof, central air, and heat pump heating. The property also includes a two-car garage, driveway parking, and a back porch.

Located in Branson, the property is approximately 9 minutes from Branson Hills shopping and provides access to Highway 65, with Springfield about 40 minutes away. Ozark mountain views and a well-maintained setting add to the surrounding character. Water is supplied by a well, and wastewater service is provided by a septic tank. HOA lawn care is included.

Key Highlights

  • 1,712‑square‑foot property with four bedrooms and three bathrooms
  • Two‑car garage plus driveway parking
  • Approximately 9 minutes from Branson Hills shopping

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,547
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.18%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$310,940 $310.9K
Cap Rate 7%
$222,100 $222.1K
Cap Rate 9%
$172,744 $172.7K
Market Conditions
NOI Build-Up for 1,712 SF 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.
Gross rent
$24.0K $14.04/SF
− Vacancy
−$1.8K −$1.07/SF
EGI
$22.2K $12.97/SF
− OpEx
−$6.7K −$3.89/SF
NOI
$15.5K $9.08/SF
Area
Taney County, MO
Vacancy
7.60%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$310,940
Cap Rate 7%
$222,100
Cap Rate 9%
$172,744

Alternative Uses

Best Use
Multifamily LT 5
$222.1K
$194.3K – $259.1K (±1% cap)
NOI $15,547 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$197.5K
$172.8K – $230.4K (±1% cap)
NOI $13,826 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$334.6K
$292.8K – $390.3K (±1% cap)
NOI $23,420 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Garden Center Storage Facility Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 65616, MO

27,562
Population
16,419
Households
1.7
Avg Household Size
43
Median Age
30%
College-Educated
90%
High-School Grad
76.5 sq mi
ZIP Area
360
Density / Sq Mi
$60,253
Median Household Income
$29,892
Median Earnings
$975
Median Rent
$243,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Four-bedroom, three-bath property with a functional layout, outdoor living area, and HOA-maintained lawn care.
Where is this duplex located?
The property is located at 115 Cavanaugh Place Branson, MO.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1,712‑square‑foot property with four bedrooms and three bathrooms; Two‑car garage plus driveway parking; Approximately 9 minutes from Branson Hills shopping
More about this property
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