Two-Unit Duplex with
New
For Sale
$235,000
Pending
2970 W Roxbury Street, Springfield, MO 65807
Residential, Springfield, MO
Property Size1,848 SF
Lot Size0.28 Acres
Days on Market6
Property Features for 2970 W Roxbury Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2, Master Bedroom, Bedroom 4
Parking features
Driveway, Garage
Exterior features
Rain Gutters
Fencing
Privacy, Chain Link
Appliances
Dishwasher, Free-Standing Electric Oven, Refrigerator
Subdivision
Village West
View
City
Elementary school
SGF-Jeffries
Middle school
SGF-Carver
High school
SGF-Parkview
Directions
From Battlefield and Golden, go S on Golden to Roxbury, go E on Roxbury, duplex is on the right, sign in the yard.
Standard status
Pending
APN
1809103049
Size
1,848 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Village West 3rd Add Lot 27
Tax Annual Amount
1503
Legal Description
Village West 3rd Add Lot 27
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1980
Floors in Building
1
Flooring type
Carpet, Laminate
Building materials
Vinyl Siding
Roof type
Asphalt, Composition
Listing Agency:
Valiant Group Real Estate
Listed By:
Amber Jones
(417) 893-9983
Added: Sep 22
Changed: Sep 27
Last Checked: Sep 27 at 12:06PM
MLS# 60334574
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-unit residential property contains 1,848 square feet on a 0.28-acre lot. Built in 1980, the duplex has two bedrooms, one bathroom, and a one-car garage on each side. Current condition differs between the units: one side needs only light touchup, while the other requires cosmetic updates and repairs.
The property includes vinyl siding, asphalt composition roofing, central heating and central air, public sewer service, and driveway parking. Interior features include carpet and laminate flooring, along with dishwashers, free-standing electric ovens, and refrigerators. Chain-link and privacy fencing, rain gutters, and garage parking are also present. The property is located on W Roxbury Street in Springfield, Missouri.
The property includes vinyl siding, asphalt composition roofing, central heating and central air, public sewer service, and driveway parking. Interior features include carpet and laminate flooring, along with dishwashers, free-standing electric ovens, and refrigerators. Chain-link and privacy fencing, rain gutters, and garage parking are also present. The property is located on W Roxbury Street in Springfield, Missouri.
Key Highlights
- Two‑unit duplex with 1,848 square feet of building area
- Each side includes 2 bedrooms, 1 bathroom, and a 1‑car garage
- Situated on a 0.28‑acre lot in Springfield, Missouri
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
$16,750
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
7.13%
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%
$335,000
$335.0K
Cap Rate 7%
$239,286
$239.3K
Cap Rate 9%
$186,111
$186.1K
Market Conditions
NOI Build-Up for 1,848 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
$25.5K $13.80/SF
− Vacancy
−$1.6K −$0.85/SF
EGI
$23.9K $12.95/SF
− OpEx
−$7.2K −$3.88/SF
NOI
$16.8K $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%
$335,000
Cap Rate 7%
$239,286
Cap Rate 9%
$186,111
Alternative Uses
Best Use
Multifamily LT 5
$239.3K
$209.4K – $279.2K
NOI $16,750 @ 7.0% cap · market cap 7.13%
Second Best
Apartment 5plus
$213.4K
$186.7K – $249.0K
NOI $14,939 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$278.9K
$244.1K – $325.4K
NOI $19,525 @ 7.0% cap · market cap 8.31%
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
180
Businesses Nearby
Explore this area
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
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 - Each residence offers two bedrooms, one bathroom, and a dedicated garage with separate living space.
Where is this duplex located?
The property is located at 2970 W Roxbury Street Springfield, MO.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,848 square feet of building area; Each side includes 2 bedrooms, 1 bathroom, and a 1‑car garage; Situated on a 0.28‑acre lot in Springfield, Missouri
