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Duplex with One-Level Living
New
For Sale
$440,000

296 & 298 Forest Lane, Branson, MO 65616

Residential, Branson, MO

Property Size2,460 SF
Lot Size0.48 Acres
Price / SF$178.86
Days on Market3

Property Features for 296 & 298 Forest Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 6
Window features Double Pane Windows
Patio and Porch features Patio
Exterior features Rain Gutters
Appliances Dishwasher, Free-Standing Electric Oven, Refrigerator
Subdivision Woodland Estates
Elementary school Branson Cedar Ridge
Middle school Branson
High school Branson
Directions From Branson take HWY 76 W go Left on Fall Creek rd. for 4.5 miles. Left on Maple Leaf into Woodland Estates. Turn right on Forest Lane.
Standard status Active
APN 18-1.0-12-004-001-005.046
Size 2,460 SF
Lot size 0.48 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2186

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Ceiling Fan(s), Central Air

Building Details

Year built 2003
Floors in Building 1
Flooring type Vinyl
Building materials Vinyl Siding
Listing Agency: ReeceNichols - Branson
Listed By: Emily Christenson · License #2016039577
Added: Oct 2 Changed: Oct 4 Last Checked: Oct 4 at 1:06PM
MLS# 60335433

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 two-sided duplex contains 2,460 square feet on a 0.484-acre lot. The one-level floor plan includes vaulted living-room ceilings and an open kitchen and dining area, with patio or deck access from the dining space. Vinyl siding and flooring, central heating and air conditioning, and ceiling fans are among the property’s features. The kitchens include dishwashers, electric ovens, and refrigerators. The building was constructed in 2003, and public sewer serves the property.

The duplex is tenant occupied and located within the Branson school districts. The neighborhood has no HOA fees. The sale includes parcel 18-1.0-12-004-001-005.045.

Key Highlights

  • Two‑sided duplex totaling 2,460 square feet
  • 0.484‑acre lot; parcel 18‑1.0‑12‑004‑001‑005.045 included
  • One‑level layout with vaulted living‑room ceilings

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
$22,339
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
5.08%
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%
$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 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
$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 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%
$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.

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
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences feature an open kitchen-and-dining arrangement, with patio access from the dining area.
Where is this duplex located?
The property is located at 296 & 298 Forest Lane 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: Two‑sided duplex totaling 2,460 square feet; 0.484‑acre lot; parcel 18‑1.0‑12‑004‑001‑005.045 included; One‑level layout with vaulted living‑room ceilings
More about this property
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