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Duplex with Loft Unit
For Sale
$95,000

2040 N Prospect Avenue #A & B, Springfield, MO 65803

Two residences offer distinct layouts, with improvement work remaining.

Property SizeContact for details
Days on Market207

Property Features for 2040 N Prospect Avenue #A & B

General Information

Standard status Active
Property subtype Residential Income
Zoning INC

Property Condition

Severity Repairs Needed
Evidence Both sides could use some love,

Units

Unit Mix 1 x 1BR/1BA, 1 x studio/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $655

Amenities

Washer/Dryer Hookup

Building Details

Year Built 1904
Units 2
Listing Agency: Valiant Group Real Estate
Listed By: Amber Jones
Source: Jimhutchesonrealtors
Added: Apr 10 Changed: Oct 29 Last Checked: Oct 29 at 2:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Valiant Group Real Estate

Rey
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Investment Insights

Based on property information with market context.

This two-unit duplex includes a one-bedroom, one-bath residence with a loft area and a separate studio with one bath. Built in 1904, the property is zoned INC and requires renovation work.

Key Highlights

  • Two‑unit duplex with a one‑bedroom residence and a studio
  • One‑bedroom unit includes one bath and a loft area
  • Studio unit has one bath

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residences offer distinct layouts, with improvement work remaining.
Where is this duplex located?
The property is located at 2040 N Prospect Avenue #A & B Springfield, MO.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Two‑unit duplex with a one‑bedroom residence and a studio; One‑bedroom unit includes one bath and a loft area; Studio unit has one bath
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Includes: Price & PSF · Cap rate · Location · Zoning

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