Building Details

Year Built 1960

Year Renovated 2024

Buildings 6

Stories 1

Units 12

Tenancy Multi

Listing Agency: Platinum Realty

Listed By: Justin Beebe · License #2014025113 Show Phone

Source: Crexi

Added: Aug 27 Changed: Sep 1 Last Checked: Sep 1 at 10:04PM

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Investment Insights

Based on property information with market context.

Located at 300 Oak Street in Freeman, Missouri, this apartment property includes six duplex buildings with 12 two-bedroom, one-bathroom units. Each single-story residence has a living area, eat-in kitchen, direct exterior access, individual HVAC and water heating, and washer and dryer hookups. The approximately 2.74-acre site includes open green space, a gravel parking area, and about two parking spaces per unit, plus additional parking.

Renovation work completed in 2023 and 2024 addressed roofs and gutters, windows, HVAC systems, electrical panels, flooring, cabinetry, appliances, lighting, plumbing fixtures, doors, and interior and exterior paint. Additional improvements included insulation, bathroom updates, crawlspace waterproofing, sump pumps, select water heater replacements, and parking-area work. Occupancy is approximately 95%, tenants pay their own utilities, and lease expirations are staggered through 2026 and 2027.

Key Highlights

• 12 two‑bedroom, one‑bathroom units across six duplex buildings
• Approximately 2.74 acres with open green space and off‑street parking
• Renovation program completed in 2023 and 2024

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply HVAC Service Storage Facility Garden Center

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

12

Residential units

Location Intelligence

Trade Area within ½ mile

31

Businesses Nearby

Explore this area Business Placement

Demographics for 64746, MO

1,479

Population

658

Households

2.2

Avg Household Size

46

Median Age

22%

College-Educated

93%

High-School Grad

31.1 sq mi

ZIP Area

48

Density / Sq Mi

$77,270

Median Household Income

$59,453

Median Earnings

$1,043

Median Rent

$197,600

Median Home Value

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?

Apartment building - Six duplex buildings provide single-story rental homes with private entrances, individual systems, and off-street parking.

Where is this apartment building located?

The property is located at 300 Oak Street Freeman, MO.

What is the asking price?

The asking price for this property is $1,290,000.

What are key features of this property?

This property features: 12 two‑bedroom, one‑bathroom units across six duplex buildings; Approximately 2.74 acres with open green space and off‑street parking; Renovation program completed in 2023 and 2024