Search
Remodeled Brick Duplex Property
For Sale
$234,999

1348 E Arlington Street, Springfield, MO 65803

Residential, Springfield, MO

Property Size1,443 SF
Lot Size0.15 Acres
Price / SF$162.85
Days on Market101

Property Features for 1348 E Arlington Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bonus Room, Den, Bedroom 2, Bathroom 1, Bedroom 1
Parking features Driveway, Garage
Window features Double Pane Windows
Patio and Porch features Porch, Deck
Interior features High Speed Internet, W/D Hookup, Marble Counters, Laminate Counters, Tray Ceiling(s), Walk-In Closet(s), Walk-in Shower
Exterior features Rain Gutters
Fencing Privacy
Appliances Dishwasher, Gas Water Heater, Free-Standing Electric Oven, Microwave, Disposal
Subdivision Woodland Hills
Elementary school SGF-Truman
Middle school SGF-Pleasant View
High school SGF-Hillcrest
Directions North On Glenstone, Past 44, Left @ Hickory Ridge , Left On Delaware-to Arlington.
Standard status Active
APN 1206213078
Size 1,443 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Woodland Hills II Amd Plat Lots 25 Thru 41 Lot 30
Tax Annual Amount 1136
Legal Description Woodland Hills II Amd Plat Lots 25 Thru 41 Lot 30

Utilities

Sewer type Public Sewer
Heating system Central, Forced Air
Cooling system Ceiling Fan(s), Central Air

Building Details

Year built 1987
Floors in Building 1
Flooring type Vinyl, Tile
Building materials Vinyl Siding, Brick Full
Roof type Composition, Shingle
Architectural style Ranch
Buildings 1
Listing Agency: Real Broker, LLC
Listed By:
Added: Jul 23 Changed: Oct 31 Last Checked: Oct 31 at 12:06PM
MLS# 60329541

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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,443-square-foot ranch-style duplex property on a 0.15-acre lot has been completely remodeled and features brick construction, a shingle composition roof, and a low-maintenance layout. Interior improvements include new appliances, updated bathrooms, LVP flooring throughout, marble and laminate countertops, walk-in shower, and a bonus room that can serve as a sunroom, office, or potential third bedroom. The home also includes two bedrooms, two bathrooms, a den, central heating and cooling, washer/dryer hookups, and high-speed internet access. Exterior features include a deck, porch, privacy fencing, rain gutters, driveway parking, and a garage.

Built in 1987, the property is located in the Woodland Hills subdivision with access to public sewer. It offers quick access to I-44 and Mission University, with McDaniel Lake, Fellows Lake, Valley Water Mill Park, and several golf facilities nearby. The roof was fully replaced in March 2026.

Key Highlights

  • Completely remodeled 1,443‑square‑foot ranch‑style duplex property
  • 0.15‑acre lot in the Woodland Hills subdivision
  • Roof fully replaced in March 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,079
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,580 $261.6K
Cap Rate 7%
$186,843 $186.8K
Cap Rate 9%
$145,322 $145.3K
Market Conditions
NOI Build-Up for 1,443 SF
Gross rent
$19.9K $13.80/SF
− Vacancy
−$1.2K −$0.85/SF
EGI
$18.7K $12.95/SF
− OpEx
−$5.6K −$3.88/SF
NOI
$13.1K $9.06/SF
Area
Springfield, MO
Vacancy
6.17%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,580
Cap Rate 7%
$186,843
Cap Rate 9%
$145,322

Alternative Uses

Best Use
Multifamily LT 5
$186.8K
$163.5K – $218.0K (±1% cap)
NOI $13,079 @ 7.0% cap · market cap 5.57%
Second Best
Apartment 5plus
$166.6K
$145.8K – $194.4K (±1% cap)
NOI $11,665 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$217.8K
$190.6K – $254.1K (±1% cap)
NOI $15,246 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

89
Businesses Nearby

Demographics for 65803, MO

42,007
Population
19,659
Households
2.1
Avg Household Size
38
Median Age
22%
College-Educated
91%
High-School Grad
93.4 sq mi
ZIP Area
450
Density / Sq Mi
$46,539
Median Household Income
$33,537
Median Earnings
$890
Median Rent
$158,200
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?
Duplex - Updated ranch-style property with flexible bonus space, modern finishes, and convenient access to I-44.
Where is this duplex located?
The property is located at 1348 E Arlington Street Springfield, MO.
What is the asking price?
The asking price for this property is $234,999.
What are key features of this property?
This property features: Completely remodeled 1,443‑square‑foot ranch‑style duplex property; 0.15‑acre lot in the Woodland Hills subdivision; Roof fully replaced in March 2026
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved