Brick Duplex with Encapsulated
New
For Sale
$250,000
2747 E Mcdaniel Street, Springfield, MO 65802
Residential Income, Springfield, MO
Property Size1,825 SF
Lot Size0.19 Acres
Price / SF$136.99
Days on Market7
Property Features for 2747 E Mcdaniel Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
INC
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1
Parking features
On Street
Interior features
Apply To All Units, Washer/Dryer Hookup, Carpet
Appliances
Range, Dishwasher, Refrigerator
Subdivision
Glenwood Square
View
City
Elementary school
SGF-Bingham
Middle school
SGF-Hickory Hills
High school
SGF-Glendale
Directions
From Highway 65 and Chestnut Expressway, g0 west to light at Cedarbrook Ave and turn left. Take first right onto McDaniel, duplexes on the right.Lockbox at 2751A to show.
Standard status
Active
APN
1221205137
Size
1,825 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Glenwood Square 1st Addition
Tax Annual Amount
1264
Legal Description
Glenwood Square 1st Addition
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Central
Cooling system
Attic Fan, Ceiling Fan(s), Central Air
Amenities
appliances
garage doors
Building Details
Year built
1985
Number of units
2
Building materials
Brick
Roof type
Asphalt
Listing Agency:
Maples Properties, LLC
(417) 883-9100
Listed By:
Becky S Bergmann · License #SA00097534
(417) 849-6790
Added: Sep 21
Changed: Sep 27
Last Checked: Sep 27 at 4:06PM
MLS# 60334616
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 1,825-square-foot duplex in Springfield contains two units and dates to 1985. Brick construction is complemented by aluminum gutters and soffits. Each unit has appliances, washer and dryer hookups, carpet, and access to on-street parking. The property has central forced-air heat and central air conditioning, along with ceiling and attic fans.
A completed crawlspace encapsulation includes sump pumps and dehumidifiers, with a warranty. The 0.19-acre property is served by public sewer and has an asphalt roof. One unit is identified as needing improvements, while the adjacent duplex at 2751 A & B is also available for purchase.
A completed crawlspace encapsulation includes sump pumps and dehumidifiers, with a warranty. The 0.19-acre property is served by public sewer and has an asphalt roof. One unit is identified as needing improvements, while the adjacent duplex at 2751 A & B is also available for purchase.
Key Highlights
- Two‑unit duplex with 1,825 square feet
- Brick construction; built in 1985
- 0.19‑acre lot in Springfield, MO
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,542
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
560
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two rental units include appliances, washer and dryer hookups, and recently replaced garage doors.
Where is this duplex located?
The property is located at 2747 E Mcdaniel Street 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: Two‑unit duplex with 1,825 square feet; Brick construction; built in 1985; 0.19‑acre lot in Springfield, MO
