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20-Unit Brick Multifamily with In-Ground Pool
For Sale
$3,395,000

19824 State Highway 112, Cassville, MO 65625

MULTI_FAMILY - Cassville, MO

Lot Size19.70 Acres
Days on Market11

Property Features for 19824 State Highway 112

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bedrooms 40
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 7, Bedroom 34, Bedroom 28, Bedroom 27, Bedroom 17, Bedroom 2, Bedroom 4, Bedroom 25, Bedroom 20, Bedroom 9, Bedroom 6, Bedroom 24, Bedroom 30, Bedroom 5, Bedroom 23, Bedroom 32, Bedroom 10, Bedroom 3, Bedroom 33, Bedroom 35, Bathroom 1, Bedroom 14, Bedroom 29, Bedroom 21, Bedroom 38, Bedroom 12, Bedroom 16, Bedroom 19, Bedroom 11, Bedroom 15, Bedroom 31, Bedroom 1, Bedroom 26, Bedroom 18, Bedroom 13, Bedroom 37, Bedroom 39, Bedroom 36, Bedroom 40, Bedroom 8, Bedroom 22
Appliances Range, Dishwasher, Refrigerator
Elementary school Cassville
Middle school Cassville
High school Cassville
Directions From Cassville, go south on Highway 112 for 2.6 miles. Property is on the left (east) side of the highway.
Standard status Active
APN 23-2.0-04-000-000-0049.000
Lot size 19.70 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7749

Utilities

Utilities Water Available
Sewer type Cesspool
Cooling system Ceiling Fan(s), Wall Unit(s)
Water source Private

Amenities

pool
hot tub
covered outdoor dining area
gas firepit
pond

Building Details

Year built 1991
Number of units 20
Building materials Brick, Frame
Roof type Shingle
Listing Agency: Midwest Land Group
Listed By: Scott Sudkamp · License #2017032819
Added: Jul 24 Changed: Aug 1 Last Checked: Aug 3 at 10:06AM
MLS# 60329778

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 20-unit brick multifamily complex includes six duplexes and an 8-plex. The property is built with low-maintenance brick exterior and offers all-electric units. Unit sizes range from 750 to 900 SF. Updates include new roofs on all units, new mini-split HVAC systems, and new windows. Current occupancy is consistently 90-100%, with a waiting list of interested tenants. The complex is served by private water and a cesspool sewer system.

The site totals 19.7 acres and also includes the owner’s home. The residence is a 3/2.5 single story built in 1991 and has been extensively remodeled and updated. Outdoor amenities include an 18x36' in-ground heated pool, a large hot tub, a covered outdoor dining area, and a gas firepit. A large detached garage provides additional parking and storage, and there is also a newer 1200 SF shop on the property. The property has highway access to the west and a county road access to the east.

The current cap rate is 5.3%.

Key Highlights

  • 20‑unit multifamily complex with six duplexes and an 8‑plex
  • All‑electric units, low‑maintenance brick exterior, and units updated with new roofs, mini‑splits, and windows
  • Unit sizes range from 750‑900 SF

Property Analytics

Current Use

Hartland Apartments Apartment Building

Suggested Use

Top Pick Auto Parts Store Storage Facility Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Spa & Massage Center

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

20
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 65625, MO

8,298
Population
3,637
Households
2.3
Avg Household Size
41
Median Age
14%
College-Educated
86%
High-School Grad
157.1 sq mi
ZIP Area
53
Density / Sq Mi
$61,327
Median Household Income
$35,447
Median Earnings
$711
Median Rent
$161,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Residential-zoned 20-unit brick complex with an 18x36 heated in-ground pool and recently updated all-electric units.
Where is this apartment building located?
The property is located at 19824 State Highway 112 Cassville, MO.
What is the asking price?
The asking price for this property is $3,395,000.
What are key features of this property?
This property features: 20‑unit multifamily complex with six duplexes and an 8‑plex; All‑electric units, low‑maintenance brick exterior, and units updated with new roofs, mini‑splits, and windows; Unit sizes range from 750‑900 SF
More about this property
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