Remodeled Corner Duplex with
1755 S Montebello Avenue Springfield, MO 65807
New
For Sale
$249,000
MULTI_FAMILY - Springfield, MO
Property Size1,590 SF
Lot Size0.24 Acres
Price / SF$156.60
Days on Market4
Property Features for 1755 S Montebello Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Residential
Bedrooms
4
Bathrooms
1
Rooms
Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 1
Parking features
On Street
Interior features
Utility Room, Washer/Dryer Hookup
Appliances
Range
Standard status
Active
APN
1326406008
Size
1,590 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
WEDGEWOOD HGTS LOT 8 BLK G
Tax Annual Amount
1111
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1954
Number of units
2
Building materials
Brick, Vinyl Siding
Roof type
Composition
Listing Agency:
Murney Associates - Primrose
(417) 823-2300
Listed By:
Brooke Evans · License #2018038803
(417) 844-6363
Added: Jul 27
Changed: Jul 29
Last Checked: Jul 30 at 7:06AM
MLS# 60329865
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.
Totally remodeled duplex located at 1753–1755 S Montebello Avenue. The property features two separate units with a clean, modern look throughout the exterior and interior, designed to support multi-family occupancy with independent living spaces.
Set on a corner lot in Springfield, Missouri, the layout provides additional visibility and easier parking. A carport is located on the west corner of the lot, offering covered parking beneath.
With residential zoning, this updated duplex is configured for two-unit rental use and can accommodate scenarios where one unit is owner-occupied while the other is leased, or where both units are rented.
Set on a corner lot in Springfield, Missouri, the layout provides additional visibility and easier parking. A carport is located on the west corner of the lot, offering covered parking beneath.
With residential zoning, this updated duplex is configured for two-unit rental use and can accommodate scenarios where one unit is owner-occupied while the other is leased, or where both units are rented.
Key Highlights
- Totally remodeled duplex with two separate units on a corner lot at 1753‑1755 South Montebello Avenue
- Central heating and central air for comfortable year‑round living in each unit
- Appliances include a range; washer/dryer hookups and a utility room included
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.9k | $13.80 |
| − Vacancy | −$1.4k | −$0.85 |
| EGI | $20.6k | $12.95 |
| − OpEx | −$6.2k | −$3.88 |
| NOI | $14.4k | $9.06 |
1,590 SF · lease $13.80/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$205.9K
$180.2K – $240.2K
NOI $14,412 @ 7.0% cap · market cap 5.79%
Second Best
Apartment 5plus
$183.6K
$160.7K – $214.2K
NOI $12,854 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$240.0K
$210.0K – $280.0K
NOI $16,799 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Totally remodeled duplex on a corner lot with two separate units and a carport on the west corner.
Where is this duplex located?
The property is located at 1755 S Montebello Avenue Springfield, MO.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Totally remodeled duplex with two separate units on a corner lot at 1753‑1755 South Montebello Avenue; Central heating and central air for comfortable year‑round living in each unit; Appliances include a range; washer/dryer hookups and a utility room included
