Duplex with 1-Bed and Studio
For Sale
$120,000
2040 N Prospect Avenue, Springfield, MO 65803
MULTI_FAMILY - Springfield, MO
Property SizeContact for details
Lot Size0.16 Acres
Days on Market135
Property Features for 2040 N Prospect Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
INC
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1, Bathroom 1
Interior features
Washer/Dryer Hookup
Subdivision
Hobart's
View
City
Elementary school
SGF-Boyd
Middle school
SGF-Reed
High school
SGF-Hillcrest
Directions
From Kearney & Glenstone, go W on Kearney to Prospect, go S on Prospect, house on the left. Sign in yard.
Standard status
Active
APN
1207211005
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
HOBART'S 4TH ADD LOTS 41 & 42 BLK 7
Tax Annual Amount
656
Legal Description
HOBART'S 4TH ADD LOTS 41 & 42 BLK 7
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Wall Unit(s)
Building Details
Year built
1904
Number of units
2
Building materials
Vinyl Siding
Roof type
Asphalt
Listing Agency:
Valiant Group Real Estate
(417) 893-9983
Listed By:
Amber Jones
(417) 893-9983
Added: Apr 10
Changed: Aug 5
Last Checked: Aug 22 at 5:06AM
MLS# 60320426
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 duplex presents a two-unit income configuration. Side A offers a spacious 1 bed, 1 bath layout with a bonus loft area. Unit B is a studio with 1 bath. Both sides are described as needing some improvement, with opportunity for updates and sweat equity.
The property is located at 2040 N Prospect Avenue in Springfield, Missouri (Greene County). It is zoned INC.
With two separate dwelling units on one parcel, the building offers an investor-friendly setup for value-add renovations and continued rental income potential.
The property is located at 2040 N Prospect Avenue in Springfield, Missouri (Greene County). It is zoned INC.
With two separate dwelling units on one parcel, the building offers an investor-friendly setup for value-add renovations and continued rental income potential.
Key Highlights
- Duplex with 2 rental units: Side A (1 bed, 1 bath plus bonus loft area) and Side B (studio with 1 bath)
- Central heating and central air, plus wall unit(s) cooling
- Washer/dryer hookup available
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
557
Businesses Nearby
Explore this area
Business Placement
Demographics for 65803, MO
42,007
Population
19,659
Households
2.1
Avg Household Size
38
Median Age
22%
College-Educated
91%
High-School Grad
93.4 sq mi
ZIP Area
450
Density / Sq Mi
$46,539
Median Household Income
$33,537
Median Earnings
$890
Median Rent
$158,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex with a 1-bed/1-bath plus loft and an additional studio/1-bath under INC zoning.
Where is this duplex located?
The property is located at 2040 N Prospect Avenue Springfield, MO.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Duplex with 2 rental units: Side A (1 bed, 1 bath plus bonus loft area) and Side B (studio with 1 bath); Central heating and central air, plus wall unit(s) cooling; Washer/dryer hookup available
