Building Details

Year Built 1960

Year Renovated 2024

Buildings 6

Units 12

Listing Agency: Platinum Realty LLC b***@hotmail.com Show Phone

Listed By: Justin Beebe · License #2014025113 Show Phone

Source: Community-realty

Added: Aug 14 Changed: Aug 23 Last Checked: Aug 23 at 12:18PM

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Investment Insights

Based on property information with market context.

This multifamily property comprises six duplex buildings containing 12 single-story, two-bedroom units on approximately 2.74 acres. Each residence has one bathroom, a living room, eat-in kitchen, individual HVAC and water heating, washer and dryer hookups, and direct exterior access. The property includes off-street gravel parking, with approximately two spaces per unit and additional parking available.

Renovation work completed in 2023 and 2024 addressed roofs, gutters, windows, electrical panels, flooring, cabinetry, appliances, lighting, plumbing fixtures, doors, and interior and exterior paint. Improvements also included insulation, bathroom updates, crawlspace waterproofing, sump pumps, select water heater replacements, and parking-area work. Located at 300 Oak Street in Freeman, Missouri, the property was approximately 95% occupied, with tenants responsible for their own utilities. Lease expirations extend through 2026 and 2027.

Key Highlights

• 12 two‑bedroom, one‑bathroom units in 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

Duplexes

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

95%

Occupancy

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 - Twelve two-bedroom residences across six duplex buildings offer individual systems, exterior entrances, and shared open space.

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 $1,350,000.

What are key features of this property?

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