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Duplex with Garage

1443 W Rainey Street, Ozark, MO 65721

For Sale
$279,995
Pending

Residential Income, Ozark, MO

Property Size1,760 SF
Lot Size0.21 Acres
Days on Market51

Property Features for 1443 W Rainey Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Duplex
Bedrooms 4
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1
Appliances Range, Disposal, Dishwasher
Subdivision Oak Hill Place
View City
Elementary school OZ South
Middle school Ozark
High school Ozark
Directions From Hwy 65 and Hwy 14, go East and turn right on 15th st, first road is Rainey.
Standard status Pending
APN 110834001001147000
Size 1,760 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2107

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central
Cooling system Ceiling Fan(s)

Building Details

Year built 1996
Number of units 2
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Keller Williams Local · Keller Williams Realty
Listed By: Tyler Richardson · License MO #2014032729
Added: Sep 25 Changed: Nov 9 Last Checked: Nov 14 at 1:06AM
MLS# 60334842

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.

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Investment Insights

Based on property information with market context.

This duplex in Ozark contains 1,760 square feet and was built in 1996. The described layout has two bedrooms, one and a half bathrooms, and a one-car garage. Interior features include a range, disposal, and dishwasher; the building has vinyl siding, central heating, ceiling fans, and a composition roof.

The property occupies a 0.21-acre lot at 1443 W Rainey Street. Public sewer serves the site, and natural gas is available.

Key Highlights

  • 1,760 square feet on a 0.21‑acre lot
  • Two bedrooms, one and a half bathrooms, and a one‑car garage
  • Built in 1996

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,953
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,060 $319.1K
Cap Rate 7%
$227,900 $227.9K
Cap Rate 9%
$177,256 $177.3K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$24.3K $13.80/SF
− Vacancy
−$1.5K −$0.85/SF
EGI
$22.8K $12.95/SF
− OpEx
−$6.8K −$3.88/SF
NOI
$16.0K $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 Rate 5%
$319,060
Cap Rate 7%
$227,900
Cap Rate 9%
$177,256

Alternative Uses

Best Use
Multifamily LT 5
$227.9K
$199.4K – $265.9K (±1% cap)
NOI $15,953 @ 7.0% cap · market cap 5.70%
Second Best
Apartment 5plus
$203.3K
$177.9K – $237.1K (±1% cap)
NOI $14,228 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$265.6K
$232.4K – $309.9K (±1% cap)
NOI $18,595 @ 7.0% cap · market cap 6.64%
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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

222
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

Frequently Asked Questions

What type of property is this?
Duplex - The two-bedroom, one-and-a-half-bath layout includes a single-car garage.
Where is this duplex located?
The property is located at 1443 W Rainey Street Ozark, MO.
What is the asking price?
The asking price for this property is $279,995.
What are key features of this property?
This property features: 1,760 square feet on a 0.21‑acre lot; Two bedrooms, one and a half bathrooms, and a one‑car garage; Built in 1996
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