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Triplex with Separate Two-Unit Building
For Sale
$219,900

1920 S Connor Avenue, Joplin, MO 64804

MultiFamily, Joplin, MO

Property Size2,374 SF
Lot Size0.14 Acres
Price / SF$92.63
Days on Market52

Property Features for 1920 S Connor Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 4
Basement Crawl Space
Elementary school Cecil Floyd
Middle school North
Elementary school district Joplin
Middle school district Joplin
High school district Joplin
Directions From 20th/Main - Head South to Connor. House on the corner of 20th and S Connor
Subdivision 01 - Joplin City - NW
Standard status Active
Size 2,374 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 709

Utilities

Heating system Natural Gas, Central
Cooling system Window Unit(s), Central Air

Building Details

Year built 1920
Number of units 3
Flooring type Wood
Roof type Composition
Listing Agency: KELLER WILLIAMS REALTY ELEVATE
Listed By: Pink Homes, Brian Pink · License #2018018296
Added: Aug 17 Changed: Oct 5 Last Checked: Oct 7 at 6:06AM
MLS# 264560

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 triplex contains 2,374 square feet across a 2-bedroom, 1-bath main home and a separate structure with two 1-bedroom, 1-bath residences. The property was built in 1920 and occupies 0.14 acres. Wood flooring is present, with natural gas and central heating; cooling includes central air and window units. The roof is composition.

Located at 1920 S Connor Avenue in Joplin, the property has three residential units, with a distinct two-building configuration. Inspection reports are in hand.

Key Highlights

  • Three residential units: one 2‑bedroom, 1‑bath home and two 1‑bedroom, 1‑bath units
  • 2,374 square feet across a main home and a separate two‑unit building
  • 0.14‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,739
Cap Rate
8.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,780 $374.8K
Cap Rate 7%
$267,700 $267.7K
Cap Rate 9%
$208,211 $208.2K
Market Conditions
NOI Build-Up for 2,374 SF
Gross rent
$37.0K $15.60/SF
− Vacancy
−$3.0K −$1.25/SF
EGI
$34.1K $14.35/SF
− OpEx
−$15.3K −$6.46/SF
NOI
$18.7K $7.89/SF
Area
Jasper County, MO
Vacancy
8.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,780
Cap Rate 7%
$267,700
Cap Rate 9%
$208,211

Alternative Uses

Best Use
Multifamily LT 5
$289.6K
$253.4K – $337.8K (±1% cap)
NOI $20,269 @ 7.0% cap · market cap 9.22%
Second Best
Apartment 5plus
$267.7K
$234.2K – $312.3K (±1% cap)
NOI $18,739 @ 7.0% cap · market cap 8.52%
Theoretical Best
Office A
$716.3K
$626.7K – $835.7K (±1% cap)
NOI $50,139 @ 7.0% cap · market cap 22.80%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Real Estate Agency Carpet & Flooring Store Acupuncture

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

544
Businesses Nearby

Demographics for 64804, MO

38,078
Population
16,844
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
91%
High-School Grad
91.4 sq mi
ZIP Area
417
Density / Sq Mi
$62,081
Median Household Income
$34,780
Median Earnings
$886
Median Rent
$171,500
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three residences are arranged across a main home and a separate building.
Where is this triplex located?
The property is located at 1920 S Connor Avenue Joplin, 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 residential units: one 2‑bedroom, 1‑bath home and two 1‑bedroom, 1‑bath units; 2,374 square feet across a main home and a separate two‑unit building; 0.14‑acre lot
More about this property
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