Brick
For Sale
$250,000
2747 E Mcdaniel Street #A & B, Springfield, MO 65802
One residence is positioned for renovation, while both units include appliances and the property has received crawlspace moisture-control upgrades.
Property Size1,825 SF
Price / SF$136.99
Days on Market42
Property Features for 2747 E Mcdaniel Street #A & B
General Information
Standard status
Active
Size
1,825 SF
Property subtype
Residential Income
Zoning
INC
Property Condition
Severity
Repairs Needed
Evidence
ready for some TLC
Site & Location
Neighborhood
Zone 1
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,264
Amenities
appliances
Apply To All Units
Washer/Dryer Hookup
Carpet
Building Details
Building Size
1,825 SF
Year Built
1985
Buildings
1
Units
2
Construction
all-brick
Listing Agency:
Maples Properties, LLC
(417) 883-9100
Listed By:
Becky S Bergmann · License #SA00097534
(417) 849-6790
Source:
Jimhutchesonrealtors
Added: Sep 21
Changed: Oct 30
Last Checked: Oct 30 at 2:13PM
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 Maples Properties, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,825-square-foot, all-brick duplex at 2747 E McDaniel Street includes two units, each equipped with appliances. Unit A requires renovation work. The property was built in 1985 and is zoned INC.
Recent improvements include replacement garage doors and crawlspace encapsulation, supported by sump pumps and dehumidifiers. The building also has aluminum gutters and soffits, and the crawlspace work carries a warranty.
Recent improvements include replacement garage doors and crawlspace encapsulation, supported by sump pumps and dehumidifiers. The building also has aluminum gutters and soffits, and the crawlspace work carries a warranty.
Key Highlights
- 1,825‑square‑foot duplex with two residential units
- All‑brick construction; built in 1985
- Unit A requires renovation work
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,542
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,840
$330.8K
Cap Rate 7%
$236,314
$236.3K
Cap Rate 9%
$183,800
$183.8K
Market Conditions
NOI Build-Up for 1,825 SF
Gross rent
$25.2K $13.80/SF
− Vacancy
−$1.6K −$0.85/SF
EGI
$23.6K $12.95/SF
− OpEx
−$7.1K −$3.88/SF
NOI
$16.5K $9.06/SF
Area
Springfield, MO
Vacancy
6.17%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,840
Cap Rate 7%
$236,314
Cap Rate 9%
$183,800
Alternative Uses
Best Use
Multifamily LT 5
$236.3K
$206.8K – $275.7K
NOI $16,542 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$210.8K
$184.4K – $245.9K
NOI $14,753 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$275.5K
$241.0K – $321.4K
NOI $19,282 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
369
Businesses Nearby
Explore this area
Business Placement
Demographics for 65802, MO
48,233
Population
20,199
Households
2.4
Avg Household Size
35
Median Age
26%
College-Educated
89%
High-School Grad
61.4 sq mi
ZIP Area
786
Density / Sq Mi
$51,080
Median Household Income
$34,298
Median Earnings
$900
Median Rent
$162,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is positioned for renovation, while both units include appliances and the property has received crawlspace moisture-control upgrades.
Where is this duplex located?
The property is located at 2747 E Mcdaniel Street #A & B Springfield, MO.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,825‑square‑foot duplex with two residential units; All‑brick construction; built in 1985; Unit A requires renovation work
