Two-Unit Duplex with
For Sale
$235,000
Pending
2970 W Roxbury St Unit A & B, Springfield, MO 65807
Each residence offers two bedrooms, one bathroom, and a private one-car garage.
Property Size1,848 SF
Days on Market22
Property Features for 2970 W Roxbury St Unit A & B
General Information
Standard status
Pending
Size
1,848 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
needs a decent amount of cosmetic updates and repairs
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1980
Listing Agency:
Valiant Group Real Estate
Listed By:
Amber Jones
(417) 893-9983
Source:
Trilakeshomesearch
Added: Sep 16
Changed: Oct 1
Last Checked: Oct 5 at 7:13PM
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 Valiant Group Real Estate
Investment Insights
Based on property information with market context.
This 1980 duplex contains two residences, each with a two-bedroom, one-bathroom layout and a one-car garage. The building totals 1,848 square feet. One side requires light touch-up work, while the other needs more substantial cosmetic repairs and updates.
The property is offered in its current condition or with seller-completed rehabilitation. In either case, the two-unit configuration and garage space are part of the property.
The property is offered in its current condition or with seller-completed rehabilitation. In either case, the two-unit configuration and garage space are part of the property.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,848‑square‑foot duplex built in 1980
- One‑car garage serving each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,750
Cap Rate
7.13%
Suggested Prices Based on Cap Rates
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
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 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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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
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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 private one-car garage.
Where is this duplex located?
The property is located at 2970 W Roxbury St Unit A & B 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 residences, each with 2 bedrooms and 1 bathroom; 1,848‑square‑foot duplex built in 1980; One‑car garage serving each residence
