Walkout Duplex with Greenway
New
For Sale
$445,000
2781 S Meadowlark Avenue, Springfield, MO 65807
Residential, Springfield, MO
Property Size3,914 SF
Lot Size0.24 Acres
Price / SF$113.69
Days on Market1
Property Features for 2781 S Meadowlark Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
6
Full bathrooms
5
Half bathrooms
1
Rooms
Bedroom 2, Bathroom 6, Bedroom 1, Basement, Bathroom 1, Family Room, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 5, Bedroom 4, Bathroom 4
Parking features
Driveway, Garage, Open
Window features
Blinds
Patio and Porch features
Porch, Patio
Interior features
Walk-in Shower, Laminate Counters, High Ceilings, Walk-In Closet(s)
Fireplace
1
Basement
Finished, Full, Concrete, Walk-Out Access
Appliances
Dishwasher, Free-Standing Electric Oven, Dryer, Washer, Microwave, Refrigerator, Disposal
Subdivision
South Creek
Lot features
Landscaping
View
City
Elementary school
SGF-Sherwood
Middle school
SGF-Carver
High school
SGF-Parkview
Directions
From Battlefield and Golden, head north on Golden to Edgewood and turn left (west). Follow Edgewood as it curves to the left and becomes Meadowlark. The duplex is located in the cul-de-sac at the far corner.
Standard status
Active
APN
1804202136
Size
3,914 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SOUTH CREEK 2ND ADD REPL LOTS 16, 17 & 18 LOT 2
Tax Annual Amount
2896
Legal Description
SOUTH CREEK 2ND ADD REPL LOTS 16, 17 & 18 LOT 2
Utilities
Sewer type
Public Sewer
Heating system
Central, Fireplace(s), Forced Air
Cooling system
Central Air, Ceiling Fan(s)
Amenities
gas fireplaces
back deck
Building Details
Year built
2001
Floors in Building
2
Flooring type
Laminate, Tile, Carpet
Building materials
Frame, Vinyl Siding, Concrete
Roof type
Asbestos Shingle
Listing Agency:
ReeceNichols - Springfield
(417) 883-6666
Listed By:
Hieu Dang
(417) 419-6488
Added: Oct 22
Last Checked: Oct 22 at 11:06AM
MLS# 60336675
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.
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Investment Insights
Based on property information with market context.
This 2001 duplex contains two residences, each with two bedrooms and two separate living areas. Unit 2781 has three full bathrooms, two gas fireplaces, and an attached two-car garage; Unit 2783 has two full bathrooms, a half bath, and its own attached two-car garage. Both units include finished walkout basement areas. The property also has a back deck and a 0.24-acre lot.
The backyard overlooks the South Creek Greenway Trail and South Creek in southwest Springfield. Recent work includes HVAC and water heater updates, vinyl plank flooring in Unit 2783, and a new AC unit, carpet, and bedroom closet in Unit 2781.
The backyard overlooks the South Creek Greenway Trail and South Creek in southwest Springfield. Recent work includes HVAC and water heater updates, vinyl plank flooring in Unit 2783, and a new AC unit, carpet, and bedroom closet in Unit 2781.
Key Highlights
- Two‑unit duplex with 4 bedrooms total
- 0.24‑acre lot overlooking the South Creek Greenway Trail and South Creek
- Four attached garage spaces, with two assigned to each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,476
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$709,520
$709.5K
Cap Rate 7%
$506,800
$506.8K
Cap Rate 9%
$394,178
$394.2K
Market Conditions
NOI Build-Up for 3,914 SF
Gross rent
$54.0K $13.80/SF
− Vacancy
−$3.3K −$0.85/SF
EGI
$50.7K $12.95/SF
− OpEx
−$15.2K −$3.88/SF
NOI
$35.5K $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%
$709,520
Cap Rate 7%
$506,800
Cap Rate 9%
$394,178
Alternative Uses
Best Use
Multifamily LT 5
$506.8K
$443.5K – $591.3K
NOI $35,476 @ 7.0% cap · market cap 7.97%
Second Best
Apartment 5plus
$452.0K
$395.5K – $527.4K
NOI $31,641 @ 7.0% cap · market cap 7.11%
Theoretical Best
Office A
$590.8K
$516.9K – $689.2K
NOI $41,353 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
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Business Placement
Demographics for 65807, MO
55,168
Population
28,546
Households
1.9
Avg Household Size
36
Median Age
33%
College-Educated
94%
High-School Grad
21.0 sq mi
ZIP Area
2,627
Density / Sq Mi
$50,271
Median Household Income
$33,510
Median Earnings
$994
Median Rent
$174,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two attached residences offer separate living areas, private garages, and outdoor space overlooking the South Creek Greenway Trail and South Creek.
Where is this duplex located?
The property is located at 2781 S Meadowlark Avenue Springfield, MO.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Two‑unit duplex with 4 bedrooms total; 0.24‑acre lot overlooking the South Creek Greenway Trail and South Creek; Four attached garage spaces, with two assigned to each residence
