Five-Unit Apartment
For Sale
$325,000
17614 Elwood Junction Road, Neosho, MO 64850
MULTI_FAMILY - Neosho, MO
Property Size3,250 SF
Lot Size0.47 Acres
Price / SF$100
Days on Market66
Property Features for 17614 Elwood Junction Road
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 1, Bathroom 5, Bathroom 4, Bathroom 2, Bathroom 3
Elementary school
Central
Middle school
Neosho
Elementary school district
Neosho
Middle school district
Neosho
High school district
Neosho
Directions
Hwy 59 and Bus Hwy 60 intersection, west to Elwood Junction Rd, north to property on left.
Subdivision
37 -Diamond/Neosho Area
Standard status
Active
APN
15-2.0-09-000-000-006.000
Size
3,250 SF
Lot size
0.47 Acres
Taxes and HOA fees
Tax Annual Amount
1234
Utilities
Heating system
Other (Heating), Central, Electric (Heating)
Cooling system
Central Air, Wall Unit(s)
Building Details
Year built
1967
Floors in Building
2
Number of units
5
Flooring type
Vinyl, Carpet
Roof type
Metal
Listing Agency:
SHOW-ME REAL ESTATE
(417) 451-7000
Listed By:
Liz Summitt · License #2003032122
(417) 850-5540
Added: May 26
Changed: Jul 28
Last Checked: Jul 30 at 12:06PM
MLS# 262824
Copyright © 2026 Ozark Gateway Association of Realtors. 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 five-unit apartment complex offers 3 one-bedroom, one-bath units and one 3-bedroom unit. All units are currently rented. Tenants are metered separately for electric, and the property is supported by a well unit (with 6 total units tied to the well setup as stated). The landlord pays water and trash for the units. According to the listing, combined rent collected is $3,250 per month, with 3 units set up on HUD payments.
The property is located east of Neosho on a dead-end road and is described as near Hwy 59 for commuting access. The lot is nearly half an acre, providing a compact residential income setup within Newton County, Missouri.
Unit 4 is configured as a 3BD, while the remaining units are 1BD 1BA.
The property is located east of Neosho on a dead-end road and is described as near Hwy 59 for commuting access. The lot is nearly half an acre, providing a compact residential income setup within Newton County, Missouri.
Unit 4 is configured as a 3BD, while the remaining units are 1BD 1BA.
Key Highlights
- 5‑unit apartment complex east of Neosho near Hwy 59, located down a dead‑end road
- Combined rent collected of $3,250 per month; all units currently rented
- All units metered separately for electric plus well unit (6 total metering); landlord pays water and trash
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
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 - Five independently metered units with a well supply and landlord-paid water and trash.
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 east of Neosho near Hwy 59, located down a dead‑end road; Combined rent collected of $3,250 per month; all units currently rented; All units metered separately for electric plus well unit (6 total metering); landlord pays water and trash
