Remodeled Apartment
For Sale
$799,900
515 Nebraska Avenue, West Plains, MO 65775
The multi-family property includes private decks, updated finishes, on-site parking, and outdoor green space.
Property Size4,800 SF
Lot Size0.48 Acres
Price / SF$166.65
Days on Market595
Property Features for 515 Nebraska Avenue
General Information
Standard status
Active
Size
4,800 SF
Lot size
0.48 Acres
Property subtype
Commercial
Zoning
Multi-family
Net Operating Income
$76,000
Financials
Asking Price
$799,900
Cap Rate
9.5%
Gross Income
$95,800
Units
Unit Mix
1 x 2BR/1BA (850 sf), 5 x 1BR/1BA (600 sf), 1 x 1BR/1BA (450 sf)
Multifamily Units
7
Amenities
Private Deck
outdoor green space
Building Details
Building Size
4,800 SF
Year Built
1972
Units
8
Listing Agency:
United Country Missouri Ozarks Realty Inc.
(417) 256-1000
Listed By:
Kimberly Grennan · License #2006013557
(417) 293-7277
Source:
Cappyharrisrealtors
Added: Mar 11, 2025
Changed: Oct 25
Last Checked: Oct 26 at 3:36AM
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 United Country Missouri Ozarks Realty Inc.
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Investment Insights
Based on property information with market context.
This 4,800-square-foot apartment property occupies a 0.48-acre site in West Plains. The building was converted from a former church and remodeled, with luxury vinyl flooring, quartz countertops, and a private deck in the units. Appliances are included, and the property has an on-site parking area and outdoor green space. The zoning is multi-family.
The property is located at 515 Nebraska Avenue in West Plains, Missouri. Downtown West Plains, Missouri State University–West Plains, Ozarks Healthcare, restaurants, shopping, and essential services are identified as nearby destinations.
The property is located at 515 Nebraska Avenue in West Plains, Missouri. Downtown West Plains, Missouri State University–West Plains, Ozarks Healthcare, restaurants, shopping, and essential services are identified as nearby destinations.
Key Highlights
- 4,800‑square‑foot apartment property on a 0.48‑acre lot
- Converted from a former church and remodeled
- Units feature luxury vinyl flooring, quartz countertops, and private decks
Property Analytics
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Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
749
Businesses Nearby
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Business Placement
Demographics for 65775, MO
24,519
Population
11,310
Households
2.2
Avg Household Size
41
Median Age
19%
College-Educated
87%
High-School Grad
442.2 sq mi
ZIP Area
55
Density / Sq Mi
$48,854
Median Household Income
$33,830
Median Earnings
$776
Median Rent
$177,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - The multi-family property includes private decks, updated finishes, on-site parking, and outdoor green space.
Where is this apartment building located?
The property is located at 515 Nebraska Avenue West Plains, MO.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 4,800‑square‑foot apartment property on a 0.48‑acre lot; Converted from a former church and remodeled; Units feature luxury vinyl flooring, quartz countertops, and private decks
