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Mixed-Use Property with Shop
New
For Sale
$475,000

1259 N Business 49, Neosho, MO 64850

MultiFamily, Neosho, MO

Property Size4,544 SF
Lot Size0.74 Acres
Price / SF$104.53
Days on Market1

Property Features for 1259 N Business 49

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 1, Bedroom 3, Bedroom 7, Bedroom 5
Elementary school G.W. Carver
Middle school Neosho
Elementary school district Neosho
Middle school district Neosho
High school district Neosho
Directions Take exit 27 toward Mo-86/I-49/Racine/Neosho. Turn right onto E. Highway 86 and go for .2 mi. Take the 2nd exit from roundabout onto E. Hwy 86. Continue on N Business 49. Go .4 mi. 1259 N Business will be on your left
Subdivision 13 - Neosho Area
Standard status Active
APN 16.6.0-14-003-001-001.004
Size 4,544 SF
Lot size 0.74 Acres

Taxes and HOA fees

Tax Annual Amount 2168

Utilities

Heating system Central, Electric (Heating)
Cooling system Central Air

Building Details

Floors in Building 1
Number of units 2
Flooring type Wood, Vinyl
Roof type Composition, Metal
Listing Agency: 1 Percent Lists Missouri Real Estate
Listed By: Billie Jean Baum · License #2026034577
Added: Oct 17 Last Checked: Oct 17 at 8:06PM
MLS# 265902

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 4,544-square-foot mixed-use property combines a three-bedroom, two-bath primary residence with a two-bedroom, one-bath duplex and a large shop. The duplex provides rental income, while the shop includes RV storage potential. Wood and vinyl flooring, central heating, electric heat, central air, and composition and metal roofing are among the property’s reported features.

The 0.74-acre site is located along Business 49 in Neosho, Missouri, with access to the interstate. C-3 commercial zoning applies to the property.

Key Highlights

  • C‑3 commercial zoning
  • 4,544 square feet across multiple buildings
  • 0.74‑acre property along Business 49

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Auto Parts Store Hair Salon Big Box & Wholesale 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

3
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby

Demographics for 64850, MO

24,586
Population
10,004
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
203.3 sq mi
ZIP Area
121
Density / Sq Mi
$60,945
Median Household Income
$35,610
Median Earnings
$762
Median Rent
$161,700
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

Frequently Asked Questions

What type of property is this?
Mixed-use property - C-3 commercial zoning and a combination of residential, duplex, and shop space support multiple income streams.
Where is this mixed-use property located?
The property is located at 1259 N Business 49 Neosho, MO.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: C‑3 commercial zoning; 4,544 square feet across multiple buildings; 0.74‑acre property along Business 49
More about this property
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