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Two-Unit Duplex with Open Living Area
For Sale
$440,000

296 & 298 Forest Ln, Branson, MO 65616

Both residences offer single-level layouts, vaulted living room ceilings, and patio or deck access from the dining areas.

Property Size2,460 SF
Price / SF$178.86
Days on Market16

Property Features for 296 & 298 Forest Ln

General Information

Standard status Active
Size 2,460 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

back patio/deck access

Building Details

Year Built 2003
Listing Agency: ReeceNichols - Branson
Listed By: Emily Christenson · License #2016039577
Source: Trilakeshomesearch
Added: Oct 1 Changed: Oct 15 Last Checked: Oct 14 at 11:09PM

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 ReeceNichols - Branson

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Investment Insights

Based on property information with market context.

This two-unit duplex contains 2,460 square feet across both sides and was built in 2003. Each residence has a one-level floor plan with an open kitchen and dining area, a vaulted ceiling in the living room, and access to a rear patio or deck from the dining room. Both sides are tenant occupied, and showings require 24 hours’ notice.

The property is located within Branson school districts and has no HOA fees. The included parcel is identified as 18-1.0-12-004-001-005.045.

Key Highlights

  • 2,460 square feet across both sides of the duplex
  • Two one‑level residences with open kitchen and dining areas
  • Vaulted ceilings in both living rooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,339
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,780 $446.8K
Cap Rate 7%
$319,129 $319.1K
Cap Rate 9%
$248,211 $248.2K
Market Conditions
NOI Build-Up for 2,460 SF
Gross rent
$34.5K $14.04/SF
− Vacancy
−$2.6K −$1.07/SF
EGI
$31.9K $12.97/SF
− OpEx
−$9.6K −$3.89/SF
NOI
$22.3K $9.08/SF
Area
Taney County, MO
Vacancy
7.60%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,780
Cap Rate 7%
$319,129
Cap Rate 9%
$248,211

Alternative Uses

Best Use
Multifamily LT 5
$319.1K
$279.2K – $372.3K (±1% cap)
NOI $22,339 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$283.8K
$248.3K – $331.1K (±1% cap)
NOI $19,866 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$480.8K
$420.7K – $560.9K (±1% cap)
NOI $33,653 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply HVAC Service Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby

Demographics for 65616, MO

27,562
Population
16,419
Households
1.7
Avg Household Size
43
Median Age
30%
College-Educated
90%
High-School Grad
76.5 sq mi
ZIP Area
360
Density / Sq Mi
$60,253
Median Household Income
$29,892
Median Earnings
$975
Median Rent
$243,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Both residences offer single-level layouts, vaulted living room ceilings, and patio or deck access from the dining areas.
Where is this duplex located?
The property is located at 296 & 298 Forest Ln Branson, MO.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 2,460 square feet across both sides of the duplex; Two one‑level residences with open kitchen and dining areas; Vaulted ceilings in both living rooms
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