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6-Unit Apartment Building with Expansion Lot
For Sale
$475,000

310 E Franklin Street, Clinton, MO 64507

Well-maintained multifamily property with varied unit sizes, individual HVAC, and shared laundry facilities.

Property SizeContact for details
Days on Market179

Property Features for 310 E Franklin Street

General Information

Standard status Active
Property subtype Apartment

Units

Unit Mix 4 x 2BR, 2 x 1BR
Multifamily Units 6

Additional Details

Gross Income $52,500
Highway Access Yes

Amenities

onsite laundry
Window Unit(s)
Natural Gas
Composition

Building Details

Year Built 1965
Buildings 1
Stories 2
Listing Agency: Key Partners LLC
Listed By: Serena Bales · License #2018041942
Source: Kw
Added: Mar 21 Changed: Sep 13 Last Checked: Sep 15 at 12:03PM

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 Key Partners LLC

Investment Insights

Based on property information with market context.

This 6-unit apartment property in Clinton includes four 2-bedroom apartments and two 1-bedroom apartments. Each unit has its own furnace and rooftop AC, while residents pay electric and gas. Shared amenities include onsite laundry with two washers and three dryers. The building was constructed in 1965 and has a TPO roof approximately two years old, along with updated plumbing in the lower level.

A partially finished 7th basement unit is framed and includes new plumbing, electrical service, and an egress window. The property also includes an additional commercial lot, with the stated potential to accommodate 4–6 more units. Its location provides access to Highway 7 and Highway 13 and places the property just minutes from Golden Valley Memorial Healthcare, local employers, shopping, and downtown Clinton.

Key Highlights

  • 6‑unit property with four 2‑bedroom units and two 1‑bedroom units
  • Partially finished 7th basement unit has framing, new plumbing, electrical, and an egress window
  • Additional commercial lot with potential for 4–6 more units

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Pharmacy Grocery & Convenience Store Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

504
Businesses Nearby

Demographics for 64507, MO

14,133
Population
6,017
Households
2.3
Avg Household Size
34
Median Age
23%
College-Educated
91%
High-School Grad
55.8 sq mi
ZIP Area
253
Density / Sq Mi
$63,014
Median Household Income
$35,058
Median Earnings
$890
Median Rent
$134,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Well-maintained multifamily property with varied unit sizes, individual HVAC, and shared laundry facilities.
Where is this apartment building located?
The property is located at 310 E Franklin Street Clinton, MO.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 6‑unit property with four 2‑bedroom units and two 1‑bedroom units; Partially finished 7th basement unit has framing, new plumbing, electrical, and an egress window; Additional commercial lot with potential for 4–6 more units
More about this property
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