For Sale
$189,900
Pending
1212-1214 E Furnace, Joplin, MO 64801
MultiFamily, Joplin, MO
Property Size1,730 SF
Lot Size0.21 Acres
Days on Market19
Property Features for 1212-1214 E Furnace
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
Basement
Crawl Space
Elementary school
McKinley
Middle school
East
Elementary school district
Joplin
Middle school district
Joplin
High school district
Joplin
Directions
From 4th St. and Main St., go East on 4th St. to High Ave., North on High Ave. to Furnace St., West on Furnace St. to sign
Subdivision
02 - Joplin City - NE
Standard status
Pending
Size
1,730 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Annual Amount
475
Utilities
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Building Details
Year built
1987
Number of units
2
Flooring type
Ceramic, Carpet
Roof type
Composition
Listing Agency:
KELLER WILLIAMS REALTY ELEVATE
(417) 623-9900
Listed By:
Carlin Team · License #1999127953
(417) 553-4013
Added: Oct 19
Changed: Nov 5
Last Checked: Nov 6 at 7:06AM
MLS# 266267
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.
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Investment Insights
Based on property information with market context.
This Joplin duplex contains 1,730 square feet across a 0.21-acre lot. Room details identify four bedrooms and two bathrooms. The building dates to 1987 and has a composition roof.
Central heating and central air conditioning serve the property. Interior finishes include ceramic and carpet flooring.
Central heating and central air conditioning serve the property. Interior finishes include ceramic and carpet flooring.
Key Highlights
- 1,730 square feet on a 0.21‑acre lot
- Four bedrooms and two bathrooms
- Built in 1987
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,770
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,400
$295.4K
Cap Rate 7%
$211,000
$211.0K
Cap Rate 9%
$164,111
$164.1K
Market Conditions
NOI Build-Up for 1,730 SF
Gross rent
$22.8K $13.20/SF
− Vacancy
−$1.7K −$1.00/SF
EGI
$21.1K $12.20/SF
− OpEx
−$6.3K −$3.66/SF
NOI
$14.8K $8.54/SF
Area
Jasper County, MO
Vacancy
7.60%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,400
Cap Rate 7%
$211,000
Cap Rate 9%
$164,111
Alternative Uses
Best Use
Multifamily LT 5
$211.0K
$184.6K – $246.2K
NOI $14,770 @ 7.0% cap · market cap 7.78%
Second Best
Apartment 5plus
$195.1K
$170.7K – $227.6K
NOI $13,656 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$522.0K
$456.7K – $609.0K
NOI $36,538 @ 7.0% cap · market cap 19.24%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
273
Businesses Nearby
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Business Placement
Demographics for 64801, MO
35,234
Population
17,460
Households
2
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
57.5 sq mi
ZIP Area
613
Density / Sq Mi
$51,360
Median Household Income
$31,103
Median Earnings
$884
Median Rent
$176,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - The property includes central heating and air conditioning, with ceramic and carpet flooring.
Where is this duplex located?
The property is located at 1212-1214 E Furnace Joplin, MO.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: 1,730 square feet on a 0.21‑acre lot; Four bedrooms and two bathrooms; Built in 1987
