Updated Patio-Style
New
For Sale
$230,000
3150 S Sagamont Avenue, Springfield, MO 65807
Residential, Springfield, MO
Property Size1,119 SF
Lot Size0.07 Acres
Price / SF$205.54
Days on Market3
Property Features for 3150 S Sagamont Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Dining Room, Bonus Room, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
Parking features
Garage, Driveway, Open
Window features
Double Pane Windows, Blinds, Drapes
Interior features
Walk-in Shower, Vaulted Ceiling(s), Quartz Counters, Walk-In Closet(s)
Accessibility
Accessible Approach with Ramp
Appliances
Electric Cooktop, Gas Water Heater, Dryer, Washer, Microwave, Refrigerator, Disposal, Dishwasher
Subdivision
Wren Hollow
Lot features
Paved Frontage
Elementary school
SGF-Horace Mann
Middle school
SGF-Carver
High school
SGF-Kickapoo
Directions
Turn South onto South Sagamont from West Battlefield Rd, follow until past the apartments, turn left, follow until just past the road bends turns/bends right. House is on left side right after the grassy common area.
Standard status
Active
APN
1802401125
Size
1,119 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Wren Hollow Phase II Amnd Lot 21
Tax Annual Amount
1043
HOA Fee
$180 Annually
Legal Description
Wren Hollow Phase II Amnd Lot 21
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Ceiling Fan(s), Central Air
Amenities
vaulted living room
updated fixtures
quartz countertops
black subway tile backsplash
farmhouse sink
flex room
walk-in closet
pergola
programmable thermostat
washer and dryer
privacy-fenced yard
Building Details
Year built
1991
Floors in Building
1
Flooring type
Tile, Vinyl
Building materials
Hardboard Siding
Roof type
Composition
Architectural style
Other
Listing Agency:
Keller Williams Tri-Lakes · Keller Williams Realty
(417) 336-4999
Listed By:
Shannon Hines
(661) 623-7688
Added: Aug 28
Last Checked: Aug 30 at 6:06PM
MLS# 60332572
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 1,119-square-foot half duplex includes two bedrooms, two bathrooms, a vaulted living room, dining area, bonus room, and laundry room. Interior updates include LVP and tile flooring, updated fixtures, quartz kitchen counters, painted cabinetry, a black subway-tile backsplash, farmhouse sink, and included appliances. The primary suite features a walk-in closet, linen closet, and updated ensuite with a walk-in shower. A programmable thermostat and additional improvements completed within the last four years add to the updated interior.
A new Pella slider opens to a privacy-fenced yard with stone pavers and two pergolas equipped with lighting and a fan. The attached two-car garage includes a ramp providing walk-in access to the home, while the laundry room connects directly to the garage. The property occupies 0.07 acres and is served by public sewer, central air, and forced-air heating.
A new Pella slider opens to a privacy-fenced yard with stone pavers and two pergolas equipped with lighting and a fan. The attached two-car garage includes a ramp providing walk-in access to the home, while the laundry room connects directly to the garage. The property occupies 0.07 acres and is served by public sewer, central air, and forced-air heating.
Key Highlights
- 1,119‑square‑foot half duplex with two bedrooms and two bathrooms
- Vaulted living room, bonus room, and refreshed LVP and tile flooring
- Kitchen with quartz counters, painted cabinets, farmhouse sink, and black subway‑tile backsplash
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,143
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$202,860
$202.9K
Cap Rate 7%
$144,900
$144.9K
Cap Rate 9%
$112,700
$112.7K
Market Conditions
NOI Build-Up for 1,119 SF
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.
Gross rent
$15.4K $13.80/SF
− Vacancy
−$953 −$0.85/SF
EGI
$14.5K $12.95/SF
− OpEx
−$4.3K −$3.88/SF
NOI
$10.1K $9.06/SF
Area
Springfield, MO
Vacancy
6.17%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$202,860
Cap Rate 7%
$144,900
Cap Rate 9%
$112,700
Alternative Uses
Best Use
Multifamily LT 5
$144.9K
$126.8K – $169.1K
NOI $10,143 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$129.2K
$113.1K – $150.8K
NOI $9,046 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$168.9K
$147.8K – $197.1K
NOI $11,823 @ 7.0% cap · market cap 5.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
846
Businesses Nearby
Explore this area
Business Placement
Demographics for 65807, MO
55,168
Population
28,546
Households
1.9
Avg Household Size
36
Median Age
33%
College-Educated
94%
High-School Grad
21.0 sq mi
ZIP Area
2,627
Density / Sq Mi
$50,271
Median Household Income
$33,510
Median Earnings
$994
Median Rent
$174,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom residence with refreshed interiors, private fenced outdoor space, and an attached two-car garage with ramp access.
Where is this duplex located?
The property is located at 3150 S Sagamont Avenue Springfield, MO.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 1,119‑square‑foot half duplex with two bedrooms and two bathrooms; Vaulted living room, bonus room, and refreshed LVP and tile flooring; Kitchen with quartz counters, painted cabinets, farmhouse sink, and black subway‑tile backsplash
