Like New Four-Plex
412 S Court Street Seymour, MO 65746
412 S Court Street, Seymour, MO, 65746
$515,000
Pending
For Sale
$515,000
Pending
Four-plex with modern design, stylish finishes, and energy efficiency.
Property Size4,150 SF
Days on Market464
Property Features for 412 S Court Street
General Information
- Standard status
- Pending
- Size
- 4,150 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2023
Listing agency
Century Realty, SIQ, Inc.
(417) 531-2391
Listed by
Philip Reed · License #2012012793
(417) 531-2391
Source
Exitrealty
Added: Apr 14, 2025 Updated: Jul 10 at 1:43PM Checked: Jul 21 at 4:26AM
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 Century Realty, SIQ, Inc.
Investment Insights
Based on property information with market context.
This four-plex unit offers an investment opportunity with over 4,000 square feet of living space under one roof. Each of the four units features a spacious layout with 3 bedrooms and approximately 1,050 square feet of living space, along with a full bath. The modern design includes a large open living area and a kitchen equipped with bar seating. All appliances are included. The units are adorned with luxury vinyl plank flooring, dark gray cabinets, and stainless steel appliances. All bedrooms are well-sized, with one featuring a walk-in closet and the other two equipped with large double-door closets. The main bath includes a 4-foot single vanity and a tub/shower combo. A dedicated laundry closet off the kitchen adds to the functionality of each unit. These units are designed to be energy efficient. There is a covered front patio area, along with parking for residents and guests. Each unit features solid wood doors, stained trim, and a neutral paint color. This property is located in Seymour, MO.
Key Highlights
- Like‑new four‑plex unit built in 2023, offering a modern investment opportunity.
- Each unit features a spacious 3‑bedroom layout with approximately 1,050 sq ft of living space.
- Modern design with open living area, kitchen with bar seating, and included appliances.
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 | $57.3k | $13.80 |
| − Vacancy | −$3.5k | −$0.85 |
| EGI | $53.7k | $12.95 |
| − OpEx | −$16.1k | −$3.88 |
| NOI | $37.6k | $9.06 |
4,150 SF · lease $13.80/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$537.4K
$470.2K – $626.9K
NOI $37,616 @ 7.0% cap · market cap 7.30%
Second Best
Apartment 5plus
$479.3K
$419.4K – $559.2K
NOI $33,549 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$626.4K
$548.1K – $730.8K
NOI $43,846 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-plex with modern design, stylish finishes, and energy efficiency.
Where is this quadplex located?
The property is located at 412 S Court Street Seymour, MO.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Like‑new four‑plex unit built in 2023, offering a modern investment opportunity.; Each unit features a spacious 3‑bedroom layout with approximately 1,050 sq ft of living space.; Modern design with open living area, kitchen with bar seating, and included appliances.
