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    10-Unit Apartment Building with Garages Title is generated by Realmo AI

    311 S Hampton Avenue, Springfield, MO 65806

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    Claim this Listing
    For Sale
    $1,299,900

    MULTI_FAMILY - Springfield, MO

    Property size:
    9,162 SF
    Lot size:
    0.59 Acres
    Price / SF:
    $141/SF
    Added:
    Jun 10, 2026
    Days on Market:
    18
    Last Refresh:
    Jun 27 at 3:06 pm

    Property Features for 311 S Hampton Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    INC
    Bedrooms
    20
    Bathrooms
    2
    Rooms
    Bedroom 6, Bedroom 9, Bedroom 2, Bedroom 12, Bedroom 15, Bedroom 7, Bedroom 13, Bedroom 16, Bedroom 17, Bedroom 18, Bedroom 20, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 11, Bedroom 10, Bedroom 19, Bathroom 1, Bedroom 4, Bedroom 14, Bedroom 8, Bedroom 3
    Parking features
    On Street
    Interior features
    Apply To All Units, Washer/Dryer Hookup
    Exterior features
    Balcony
    Appliances
    Range, Refrigerator
    Standard status
    Active
    APN
    1324113119
    Size
    9,162 SF
    Lot size
    0.59 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    0.59A M/L Beg 200 Ft N Nw Cor Walnut & Hampton Sts N 168 Ft W 153 Ft S 113 Ft E 3 Ft S 55 Ft W 150 Ft To Beg 24/29/22
    Tax Annual Amount
    1259

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2015
    Number of units
    10
    Building materials
    Vinyl Siding
    Roof type
    Composition

    We can help!

    Contact an agent
    Gideon Valley Real Estate

    Listing agent Gideon Valley Real Estate License #2015006628

    Listing office Murney Associates - Primrose 1625 E. Primrose, Springfield, MO

    Listing date Jun 10, 2026

    MLS# 60325971 Listing URL

    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.


    Overview

    This 2015-built apartment building offers a total of 10 residential units. Each unit is configured with 2 bedrooms and 2 bathrooms, and the property includes attached garages that provide protected parking and additional storage space for residents.

    The property is located at 311 S Hampton Avenue in Springfield, Missouri, in Greene County. The listing notes the complex is within walking distance of downtown Springfield, Hammons Baseball Field, and Missouri State University, supporting convenient access to local employment, events, and campus-related activity. Zoning is listed as INC.

    For buyers or operators seeking a small multifamily asset with updated unit layouts, this property’s consistent 2-bedroom, 2-bath design and attached garage amenity are central considerations. The building is described as formerly operating as student housing, which may align with tenant profiles looking for in-unit space combined with protected parking.

    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 $144.0k $15.72
    − Vacancy −$9.4k −$1.02
    EGI $134.7k $14.70
    − OpEx −$60.6k −$6.61
    NOI $74.1k $8.08
    9,162 SF · lease $15.72/SF/yr · vacancy 6.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.06M
    $925.8K – $1.23M (±1% cap)
    NOI $74,066 @ 7.0% cap · market cap 5.70%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.38M
    $1.21M – $1.61M (±1% cap)
    NOI $96,799 @ 7.0% cap · market cap 7.45%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hampton Townhomes Apartment Complex

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.278712
    Latitude
    37.207486

    FAQs

    What type of property is this?
    Apartment building - 2015-built 10-unit complex offering 2 bed/2 bath units and attached garages in an income-focused setup.
    Where is this apartment building located?
    The property is located at 311 S Hampton Avenue Springfield, MO.
    What is the asking price?
    The asking price for this property is $1,299,900.
    More about this property
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