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Three-Unit Triplex
For Sale
$240,000

1504 N Summit Ave, Springfield, MO 65803

Multifamily property with three two-bedroom units near schools, parks, local amenities, and downtown attractions.

Property Size2,809 SF
Price / SF$85.44
Days on Market47

Property Features for 1504 N Summit Ave

General Information

Standard status Active
Size 2,809 SF
Property subtype Residential Income

Units

Unit Mix 3 x 2BR
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,325
Listing Agency: Keller Williams
Listed By: Wes Litton
Source: Exprealty
Added: Jul 7 Changed: Aug 21 Last Checked: Aug 22 at 11:35AM

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 Keller Williams

Investment Insights

Based on property information with market context.

This 2,809-square-foot triplex contains three residential units, with two bedrooms in each unit. The configuration provides a straightforward multifamily layout within a single income-producing property.

Located at 1504 N Summit Ave in Springfield, MO, the property is near local amenities, schools, parks, and downtown attractions. Its setting combines access to everyday services with proximity to established community destinations.

Key Highlights

  • Three‑unit triplex configuration
  • Each unit includes two bedrooms
  • 2,809 square feet of property size

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Nail Salon Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith

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

936
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Multifamily property with three two-bedroom units near schools, parks, local amenities, and downtown attractions.
Where is this triplex located?
The property is located at 1504 N Summit Ave Springfield, MO.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Three‑unit triplex configuration; Each unit includes two bedrooms; 2,809 square feet of property size
More about this property
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