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    Updated Four-Plex Income Property Title is generated by Realmo AI

    201-204 Sweet Gum, Kirbyville, MO 65679

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    Claim this Listing
    New
    For Sale
    $620,000

    MULTI_FAMILY - Kirbyville, MO

    Property size:
    3,260 SF
    Price / SF:
    $190/SF
    Added:
    Jun 4, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 4 at 8:06 pm

    Property Features for 201-204 Sweet Gum

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R-3
    Interior features
    Apply To All Units, Washer/Dryer Hookup
    Appliances
    Range, Dishwasher, Dryer, Water Softener, Washer, Refrigerator, Microwave
    Standard status
    Active
    APN
    09-4.0-20-000-000-076.000
    Size
    3,260 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    BRANSON EAST APARTMENTS BRANSON EAST APARTMENTS- LT 3
    Tax Annual Amount
    1065

    Utilities

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

    Building Details

    Year built
    1993

    We can help!

    Listing Contact
    Ann Marie Geshka

    Listing agent Ann Marie Geshka License #2025032473

    Listing office Murney Associates - Primrose 1625 E. Primrose, Springfield, MO

    Listing date Jun 4, 2026

    MLS# 60325417 Listing URL

    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.

    HighLights

    • Updated four‑plex built in 1993
    • Major renovations completed between 2018–2023, including new cabinets, countertops, appliances, HVAC, water heaters and softeners, bathrooms, and flooring
    • Unit amenities include washer/dryer hookup and utilities with water available and public sewer
    • Appliances include range, dishwasher, microwave, refrigerator, washer, and dryer
    • Central air and ceiling fans, with ceiling heating
    • Tenants and fully furnished property per remarks

    Overview

    This updated four-plex offers four residential units in a single property designed for income use. Public remarks note major renovations completed between 2018 and 2023, including new cabinets, countertops, appliances, HVAC systems, water heaters and softeners, bathrooms, and flooring. The property is described as tenant-occupied and furnished, supporting an immediately usable residential setup.

    The property is located in Kirbyville, Missouri, at 201-204 Sweet Gum. It is described as being just minutes away from Branson Landing, placing it within the local area’s entertainment and retail corridor.

    With four separate units under one ownership structure and a renovation scope covering key building systems and finishes, this property may fit buyers seeking a turnkey residential income asset. The information provided supports consideration of an operator or investor who wants furnished units with current tenancy, along with improvements to major components such as HVAC, water heating, and interior finishes. Zoning is listed as R-3, which should be reviewed for use consistency and any future plans.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Law Firm Auto Repair Shop Hotel & Motel Storage Facility Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Kirbyville
    County
    Taney
    State
    Missouri
    Longitude
    -93.118503
    Latitude
    36.631127

    Nearby Similar for Sale

    • $849,900
      1,500 SF

      Newer Warehouse with Office Units

      Three-year-old warehouse with office and bathroom in each unit.
      125 Mandolin Drive, Kirbyville, MO 65679
      View Details
    • $520,000

      Four-Plex Investment Property

      Well-maintained four-plex with four fully furnished, currently occupied units in Kirbyville.
      601-604 Twin Oaks Drive, Kirbyville, MO 65679
      View Details

    FAQs

    What type of property is this?
    Quadplex - Updated four-unit residential property with extensive improvements, featuring multiple HVAC and furnished, tenant-occupied units.
    Where is this quadplex located?
    The property is located at 201-204 Sweet Gum Kirbyville, MO.
    What is the asking price?
    The asking price for this property is $620,000.
    What are key features of this property?
    This property features: Updated four‑plex built in 1993; Major renovations completed between 2018–2023, including new cabinets, countertops, appliances, HVAC, water heaters and softeners, bathrooms, and flooring; Unit amenities include washer/dryer hookup and utilities with water available and public sewer
    (417) 763-1265
    We can help!
    Listing Contact
    Ann Marie Geshka
    Real Estate License ID: 2025032473
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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