Residential Income Home on
310 E Commercial Street Mansfield, MO 65704
310 E Commercial Street, Mansfield, MO, 65704
$99,000
For Sale
$99,000
SINGLE_FAMILY - Mansfield, MO
Property Size1,845 SF
Lot Size0.09 Acres
Price / SF$53.66
Days on Market49
Property Features for 310 E Commercial Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- APN
- 24-5.0-21-1-008-018.00
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PT LOT 44 OF NETTLETON'S 3RD ADD DESC AS BEG AT SCOR LOT 44 -NW75'FOR TPOB-NW25'-NE156'-SE25'-SW156 'TO TPOB
- Tax Annual Amount
- 469
Utilities
- Utilities
- Water Available
Building Details
- Year built
- 1940
Listing agency
Keller Williams
(417) 883-4900
Listed by
Tammy L Barrett · License #2006028327
(417) 349-1981
Added: Jun 3 Updated: Jun 16 at 10:17AM Checked: Jul 21 at 7:06PM
MLS# 60325343
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 property offers flexibility as either a residence with business use or a residential income setup. Public remarks note the home is approximately 1,845 square feet and is situated “right on the square,” with activity in the area contributing to consistent foot traffic.
The property is located at 310 E Commercial Street in Mansfield, Missouri, described as being on Main Street and near the post office, which can drive additional traffic. The home is also described as needing a new roof.
With its dual-use framing in the remarks, this is a straightforward option for an owner seeking their own space or for an investor evaluating rental income potential, subject to the roof replacement noted in the listing information.
The property is located at 310 E Commercial Street in Mansfield, Missouri, described as being on Main Street and near the post office, which can drive additional traffic. The home is also described as needing a new roof.
With its dual-use framing in the remarks, this is a straightforward option for an owner seeking their own space or for an investor evaluating rental income potential, subject to the roof replacement noted in the listing information.
Key Highlights
- 1845 sq ft commercial space right on the square in Mansfield
- Year built: 1940
- Utilities: water available
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.7k | $9.60 |
| − Vacancy | −$1.4k | −$0.77 |
| EGI | $16.3k | $8.83 |
| − OpEx | −$7.3k | −$3.97 |
| NOI | $9.0k | $4.86 |
1,845 SF · lease $9.60/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$128.0K
$112.0K – $149.4K
NOI $8,962 @ 7.0% cap · market cap 9.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$520.6K
$455.5K – $607.4K
NOI $36,443 @ 7.0% cap · market cap 36.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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United States Postal ...
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FAQs
What type of property is this?
Single family property - Residential income or owner-occupant option on a high-traffic commercial street, with a home that needs a new roof.
Where is this single family property located?
The property is located at 310 E Commercial Street Mansfield, MO.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: 1845 sq ft commercial space right on the square in Mansfield; Year built: 1940; Utilities: water available
