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8-Duplex Rental Property
For Sale
$1,950,000

309 N Airport Road, Strafford, MO 65757

MULTI_FAMILY - Strafford, MO

Lot Size0.46 Acres
Days on Market48

Property Features for 309 N Airport Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning INC
Subdivision Greene-Not in List
Elementary school Strafford
Middle school Strafford
High school Strafford
Directions From I-44 exit onto 125, head north, turn left onto E Evergreen, and then right onto Airport Rd, the duplexes will be on the left after hickory.
Standard status Active
APN 1034402037
Lot size 0.46 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Strafford Irr .46A M/L Beg 548.96 Ft W & 852.57 Ft S Ne Cor Nw1/4 Se1/434/30/20 W 266 Ft S 75 Ft E 266 Ft N To Beg
Tax Annual Amount 2980
HOA Fee $1,600 Annually
Legal Description Strafford Irr .46A M/L Beg 548.96 Ft W & 852.57 Ft S Ne Cor Nw1/4 Se1/434/30/20 W 266 Ft S 75 Ft E 266 Ft N To Beg

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air

Building Details

Year built 1996
Number of units 16
Listing Agency: Home Sweet Home Realty & Associates, LLC
Listed By: Galyna Lukovenko
Added: Jun 16 Changed: Jul 17 Last Checked: Aug 2 at 2:06PM
MLS# 60326526

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 offering is an 8-duplex, 16-door rental property in Strafford, MO. The portfolio is currently operating with strong occupancy, with only one unit vacant at the time of listing. The property is presented as well maintained and is configured as eight separate duplex units, providing multiple doors for rental income in a single acquisition.

The listing includes the addresses 309, 311, 401, and 403, and is located at 309 N Airport Road in Strafford (Greene County). The property sits on approximately 0.46 acres and is designated with zoning of INC.

For investors or buyers looking for a multifamily asset with multiple rental doors, this structure offers straightforward unit-level leasing within a single ownership group. With only one unit available, an operator can plan around current occupancy while addressing the turnover needs of the vacant unit. The presence of multiple duplex buildings under one listing can also appeal to buyers seeking manageable scale within the same property footprint.

Key Highlights

  • 8‑plex (16 doors) rental property in Strafford
  • Only one unit currently vacant for strong current occupancy
  • Year built 1996

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods Spa & Massage 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

16
Residential units
93.8%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

242
Businesses Nearby

Demographics for 65757, MO

7,962
Population
3,130
Households
2.5
Avg Household Size
41
Median Age
24%
College-Educated
94%
High-School Grad
83.4 sq mi
ZIP Area
95
Density / Sq Mi
$76,809
Median Household Income
$48,256
Median Earnings
$1,007
Median Rent
$231,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained 8-duplex rental property with one currently vacant unit for stabilized occupancy management.
Where is this apartment building located?
The property is located at 309 N Airport Road Strafford, MO.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 8‑plex (16 doors) rental property in Strafford; Only one unit currently vacant for strong current occupancy; Year built 1996
More about this property
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