Listing Agency: ReeceNichols - Springfield

Listed By: Jan Preston · License #MO 1999086007

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 1:09PM

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Investment Insights

Based on property information with market context.

This triplex is a multifamily property configured with three residential units. The asset is located at 1470 North Grant Avenue in Springfield, Missouri, within ZIP code 65802.

Key Highlights

• Three‑unit multifamily configuration
• 1470 North Grant Avenue address
• Springfield, MO 65802 location

Property Analytics

Property Profile

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Real Estate Agency Accounting Firm Carpet & Flooring Store (Bike/Boat/Book/etc) 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

Location Intelligence

Trade Area within ½ mile

983

Businesses Nearby

Explore this area Business Placement

Demographics for 65802, MO

48,233

Population

20,199

Households

2.4

Avg Household Size

35

Median Age

26%

College-Educated

89%

High-School Grad

61.4 sq mi

ZIP Area

786

Density / Sq Mi

$51,080

Median Household Income

$34,298

Median Earnings

$900

Median Rent

$162,400

Median Home Value

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?

Triplex - Multifamily asset comprising separate residential units.

Where is this triplex located?

The property is located at 1470 North Grant Avenue Springfield, MO.

What are key features of this property?

This property features: Three‑unit multifamily configuration; 1470 North Grant Avenue address; Springfield, MO 65802 location