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Three-Unit Residential Income Property
New
For Sale
$215,000

1504 N Summit Avenue, Springfield, MO 65803

Residential Income, Springfield, MO

Property Size2,809 SF
Lot Size0.19 Acres
Price / SF$76.54
Days on Market1

Property Features for 1504 N Summit Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning INC
Bedrooms 6
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 3, Bathroom 1
Parking features On Street
Interior features Carpet
Appliances Range
Subdivision North Springfield OP
View City
Elementary school SGF-Boyd
Middle school SGF-Pipkin
High school SGF-Central
Directions Head North on National Ave, turn onto Division St and then North onto Summit
Standard status Active
APN 1312412010
Size 2,809 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description North Springfield O P W 123 Ft Lot 9 Blk 3
Tax Annual Amount 1326
HOA Fee $2,774 Annually
Legal Description North Springfield O P W 123 Ft Lot 9 Blk 3

Utilities

Utilities Water Available
Sewer type Public Sewer
Cooling system Window Unit(s)

Building Details

Year built 1941
Number of units 3
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Keller Williams Local · Keller Williams Realty
Listed By: Wes Litton
Added: Oct 19 Last Checked: Oct 19 at 9:06PM
MLS# 60336603

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 triplex contains three units, each configured with two bedrooms. The 2,809-square-foot building was constructed in 1941 and sits on a 0.19-acre parcel. Interior and building details include carpet, range appliances, vinyl siding, composition roofing, and window-unit cooling.

Located in Springfield, the property is zoned INC. Water is available, and the site is served by public sewer. Parking is available on the street.

Key Highlights

  • Three units, each with two bedrooms
  • 2,809‑square‑foot building on a 0.19‑acre parcel
  • Built in 1941; zoned INC

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - Each residence contains two bedrooms, with on-street parking available.
Where is this triplex located?
The property is located at 1504 N Summit Avenue Springfield, MO.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Three units, each with two bedrooms; 2,809‑square‑foot building on a 0.19‑acre parcel; Built in 1941; zoned INC
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