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1860-70-80 S Pike Avenue, Bolivar, MO, 65613
Three-Unit Triplex Investment

1860-70-80 S Pike Avenue Bolivar, MO 65613

New
For Sale
$415,000

MULTI_FAMILY - Bolivar, MO

Property Size3,343 SF
Lot Size0.63 Acres
Price / SF$124.14
Days on Market1

Property Features for 1860-70-80 S Pike Avenue

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R4
Bedrooms
9
Bathrooms
2
Rooms
Bedroom 9, Bedroom 4, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 7, Bedroom 1, Bedroom 5, Bedroom 8, Bedroom 2, Bedroom 3
Interior features
Carpet, Washer/Dryer Hookup
Appliances
Range, Disposal, Dishwasher, Dryer, Washer, Refrigerator
Standard status
Active
APN
11-0.6-14-000-000-001.006
Size
3,343 SF
Lot size
0.63 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2297

Utilities

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

Building Details

Year built
2003
Number of units
3
Building materials
Brick, Vinyl Siding
Roof type
Composition
Listing Agency: Stellar Real Estate Co.
Listed By: Jeremy Scowden
Added: Jul 24 Last Checked: Jul 24 at 11:06PM
MLS# 60329728

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 well-maintained triplex offers three spacious units, each with three bedrooms and two bathrooms. The property includes washer and dryer hookups, with the washer and dryer conveying, along with a full kitchen appliance package in each unit.

The address is 1860-70-80 S Pike Avenue in Bolivar, Missouri, in Polk County. The property is minutes from Southwest Baptist University and other Bolivar amenities.

The listing is zoned R4. The lot size is 0.63 acres and the total property size is 3,343 square feet. Most recently, the units have rented for $1,000 per month each.

Key Highlights

  • Triplex built in 2003 with three 3‑bedroom, 2‑bathroom units
  • Each unit has washer/dryer hookups with washer and dryer included
  • Appliance package in each unit includes range, refrigerator, dishwasher, disposal, washer, and dryer

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 $46.1k $13.80
− Vacancy −$2.8k −$0.85
EGI $43.3k $12.95
− OpEx −$13.0k −$3.88
NOI $30.3k $9.06
3,343 SF · lease $13.80/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$432.9K
$378.8K – $505.0K (±1% cap)
NOI $30,301 @ 7.0% cap · market cap 7.30%
Second Best
Apartment 5plus
$386.1K
$337.8K – $450.4K (±1% cap)
NOI $27,025 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$504.6K
$441.5K – $588.7K (±1% cap)
NOI $35,320 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Dental Office Law Firm HVAC Service Electrical Service Kitchen & Bath Showroom Grocery & Convenience Store Parking Lot & Garage Bakery Plumbing Service Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Well-maintained triplex with three 3-bedroom, 2-bath units and in-unit washer and dryer included.
Where is this triplex located?
The property is located at 1860-70-80 S Pike Avenue Bolivar, MO.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Triplex built in 2003 with three 3‑bedroom, 2‑bathroom units; Each unit has washer/dryer hookups with washer and dryer included; Appliance package in each unit includes range, refrigerator, dishwasher, disposal, washer, and dryer
More about this property
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