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Three-Unit Multifamily Property
For Sale
$219,900

1701-1709 E Chestnut Street, Springfield, MO 65802

Residential Income, Springfield, MO

Property SizeContact for details
Lot Size0.22 Acres
Days on Market277

Property Features for 1701-1709 E Chestnut Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-TH
Bedrooms 3
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 1
Interior features Washer/Dryer Hookup
Subdivision Hayden's
Elementary school SGF-Weller
Middle school SGF-Pipkin
High school Central
Directions From the exit of Highway 65 and Chestnut Expressway, head west on E Chestnut Expressway. Just past the intersection of Chestnut and Glenstone, turn right onto E Chestnut St. Homes are located on the right.
Standard status Active
APN 88-12-18-411-059
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description HAYDENS ADD LOTS 92 93 & 94 (EX HWY)
Tax Annual Amount 992
Legal Description HAYDENS ADD LOTS 92 93 & 94 (EX HWY)

Utilities

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

Building Details

Year built 1944
Number of units 3
Building materials Brick, Vinyl Siding
Roof type Composition
Listing Agency: Murney Associates - Primrose
Listed By: Brea Hunter · License #2019018397
Added: Dec 31, 2025 Changed: Sep 13 Last Checked: Oct 4 at 9:06PM
MLS# 60312414

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.

This multifamily property includes three neighboring bungalow residences, each configured with one bedroom and one bathroom. The units are occupied and professionally managed, with washer/dryer hookups, public sewer service, composition roofing, and a mix of brick and vinyl siding. The property is offered as-is, with no seller repairs planned.

Recent improvements include new roofs and chimney removal across the residences. One unit has a high-efficiency furnace, while the other two feature mini-split heating and cooling systems. One residence has also received a full interior refresh with luxury vinyl plank flooring, updated doors, trim, lighting, blinds, bathroom fixtures, and a window air-conditioning unit.

The three homes sit on 0.22 acres at 1701-1709 E Chestnut Street in Springfield, Missouri. Built in 1944, the property carries R-TH zoning and is identified within the 65802 postal area.

Key Highlights

  • Three one‑bedroom, one‑bathroom bungalow residences at 1701‑1709 E Chestnut Street
  • 0.22‑acre multifamily property with R‑TH zoning
  • All three residences have new roofs and removed chimneys

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Skin Care Clinic Accounting Firm (Bike/Boat/Book/etc) Store Grocery & Convenience Store Furniture & Home Goods Barber Shop

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

601
Businesses Nearby

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
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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Occupied bungalow-style residences with updated roofing, varied HVAC systems, and professional management in Springfield.
Where is this multifamily property located?
The property is located at 1701-1709 E Chestnut Street Springfield, MO.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Three one‑bedroom, one‑bathroom bungalow residences at 1701‑1709 E Chestnut Street; 0.22‑acre multifamily property with R‑TH zoning; All three residences have new roofs and removed chimneys
More about this property
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