5-Unit Apartment
For Sale
$325,000
17614 Elwood Junction Road, Neosho, MO 64850
Fully occupied apartment property with separately metered electric service and a mix of one- and three-bedroom units.
Property SizeContact for details
Days on Market98
Property Features for 17614 Elwood Junction Road
General Information
Standard status
Active
Property subtype
Residential Income
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
4 x 1BR/1BA, 1 x 3BR
Multifamily Units
5
Additional Details
Gross Income
$39,000
Taxes and HOA fees
Annual Taxes
$1,233
Building Details
Year Built
1967
Units
5
Listing Agency:
Show-Me Real Estate
(417) 850-5540
Listed By:
Liz Summitt · License #2003032122
(417) 850-5540
Source:
Shannon-associates
Added: May 26
Changed: Aug 31
Last Checked: Aug 31 at 2:51AM
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 Show-Me Real Estate
Investment Insights
Based on property information with market context.
This 5-unit apartment property was built in 1967 and sits on nearly half an acre. The unit mix includes one three-bedroom unit and four one-bedroom, one-bath units. Every unit is currently rented, and three units are set up for HUD payments.
Electricity is separately metered for each apartment, with an additional meter serving the well unit, for six meters in total. The landlord pays water and trash for all units. The property is positioned near Hwy 59 outside Neosho and is located along a dead-end road.
Electricity is separately metered for each apartment, with an additional meter serving the well unit, for six meters in total. The landlord pays water and trash for all units. The property is positioned near Hwy 59 outside Neosho and is located along a dead-end road.
Key Highlights
- 5‑unit apartment complex on nearly half an acre
- Unit 4 has 3 BD; the other 4 units are 1BD 1BA
- All units currently rented
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 64850, MO
24,586
Population
10,004
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
203.3 sq mi
ZIP Area
121
Density / Sq Mi
$60,945
Median Household Income
$35,610
Median Earnings
$762
Median Rent
$161,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied apartment property with separately metered electric service and a mix of one- and three-bedroom units.
Where is this apartment building located?
The property is located at 17614 Elwood Junction Road Neosho, MO.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 5‑unit apartment complex on nearly half an acre; Unit 4 has 3 BD; the other 4 units are 1BD 1BA; All units currently rented
