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Newer Duplex with Finished Basement
New
For Sale
$625,000

1418-1420 S Atlas Court, Ozark, MO 65721

Residential Income, Ozark, MO

Property Size4,996 SF
Lot Size0.16 Acres
Price / SF$125.10
Days on Market2

Property Features for 1418-1420 S Atlas Court

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-2
Rooms Basement
Interior features Apply To All Units, Washer/Dryer Hookup, Utility Room, Finished Basement, Carpet
Exterior features Balcony
Appliances Range, Disposal, Dishwasher, Microwave
Subdivision Cedar Village
View City
Elementary school OZ South
Middle school Ozark
High school Ozark
Directions Hwy 65 south to W. South st towards sparta, turn left on Treetop Ct, Left on Kirkwood, and right on atlas ct.
Standard status Active
APN 110827004009001026
Size 4,996 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2022

Utilities

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

Building Details

Year built 2022
Number of units 2
Building materials Brick, Vinyl Siding, Stone
Roof type Composition
Listing Agency: Keller Williams Local · Keller Williams Realty
Listed By: Tyler Richardson · License #2014032729
Added: Sep 9 Last Checked: Sep 10 at 1:06AM
MLS# 60333509

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.

Investment Insights

Based on property information with market context.

Built in 2022, this duplex includes 4,996 square feet on a 0.16-acre lot. The property features a four-bedroom, two-bathroom layout, finished basement space, a utility room, washer and dryer hookups, and carpeted interiors. A balcony adds outdoor space, while brick, vinyl siding, and stone contribute to the exterior construction. The kitchen is equipped with a range, disposal, dishwasher, and microwave.

Central heating, central air, and ceiling fans support year-round comfort. The property is served by public sewer and has a composition roof. R-2 zoning and a location in Ozark, Missouri, round out the basic property profile.

Key Highlights

  • Duplex built in 2022
  • 4,996 square feet on a 0.16‑acre lot
  • Four‑bedroom, two‑bathroom layout

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,284
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.25%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$905,680 $905.7K
Cap Rate 7%
$646,914 $646.9K
Cap Rate 9%
$503,156 $503.2K
Market Conditions
NOI Build-Up for 4,996 SF 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.
Gross rent
$68.9K $13.80/SF
− Vacancy
−$4.3K −$0.85/SF
EGI
$64.7K $12.95/SF
− OpEx
−$19.4K −$3.88/SF
NOI
$45.3K $9.06/SF
Area
Christian County, 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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$905,680
Cap Rate 7%
$646,914
Cap Rate 9%
$503,156

Alternative Uses

Best Use
Multifamily LT 5
$646.9K
$566.1K – $754.7K (±1% cap)
NOI $45,284 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$577.0K
$504.9K – $673.1K (±1% cap)
NOI $40,388 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$754.1K
$659.8K – $879.7K (±1% cap)
NOI $52,784 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Grocery & Convenience Store Gym & Fitness Center

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

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

258
Businesses Nearby

Demographics for 65721, MO

32,975
Population
13,467
Households
2.4
Avg Household Size
36
Median Age
35%
College-Educated
93%
High-School Grad
95.9 sq mi
ZIP Area
344
Density / Sq Mi
$76,552
Median Household Income
$41,653
Median Earnings
$991
Median Rent
$253,700
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with a functional layout, low-maintenance materials, and central heating and cooling.
Where is this duplex located?
The property is located at 1418-1420 S Atlas Court Ozark, MO.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Duplex built in 2022; 4,996 square feet on a 0.16‑acre lot; Four‑bedroom, two‑bathroom layout
More about this property
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