Apartment Building with Three
For Sale
$950,000
317-347 Hawthorne Street, Hollister, MO 65672
Residential, Hollister, MO
Property Size6,240 SF
Lot Size0.75 Acres
Price / SF$152.24
Days on Market141
Property Features for 317-347 Hawthorne Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
12
Bathrooms
12
Full bathrooms
7
Half bathrooms
5
Rooms
Bathroom 12, Bedroom 8, Bathroom 7, Bedroom 7, Bathroom 10, Bathroom 4, Bedroom 3, Bedroom 1, Bedroom 11, Bathroom 2, Bathroom 6, Bedroom 9, Bathroom 8, Bedroom 6, Bedroom 10, Bedroom 5, Bathroom 1, Bathroom 11, Bedroom 12, Bedroom 2, Bedroom 4, Bathroom 3, Bathroom 9, Bathroom 5
Parking features
Driveway, Covered, Oversize
Window features
Blinds, Double Pane Windows
Patio and Porch features
Deck
Interior features
High Speed Internet, W/D Hookup, Internet - Cable, Laminate Counters, Granite Counters
Exterior features
Rain Gutters
Fencing
Privacy
Appliances
Dishwasher, Free-Standing Electric Oven, Refrigerator
Subdivision
Evergreen Heights
View
City
Elementary school
Hollister
Middle school
Hollister
High school
Hollister
Directions
From Business 65 in Branson, east to the Lake Taneycomo bridge, right at the round-about, left on BB, left on Hawthorne. Go straight up the hill continue right at fork in road. First duplex on the left, just south of the vacant lot.
Standard status
Active
APN
17-2.0-09-001-004-005.001
Size
6,240 SF
Lot size
0.75 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
EVERGREEN HEIGHTS EVERGREEN HEIGHTS- PAR A TH C, BLK 5; REPLAT LTS 5
Tax Annual Amount
2318
Legal Description
EVERGREEN HEIGHTS EVERGREEN HEIGHTS- PAR A TH C, BLK 5; REPLAT LTS 5
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Central
Cooling system
Ceiling Fan(s), Heat Pump, Central Air
Amenities
oversized carports
fenced backyards
back decks
city views
Building Details
Year built
1995
Floors in Building
2
Flooring type
Vinyl
Building materials
Vinyl Siding
Roof type
Asphalt
Additional Structures
Storage
Listing Agency:
Keller Williams Tri-Lakes · Keller Williams Realty
(417) 336-4999
Listed By:
Jeff Reynolds · License #2014000621
(417) 840-0186
Added: Apr 2
Changed: Aug 19
Last Checked: Aug 20 at 1:06PM
MLS# 60319746
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 apartment building features three complete duplexes, each with 2-bedroom units, for a total of six units. The property includes 8 full bathrooms and 4 half bathrooms across the duplexes. Units have been updated, with major improvements already completed, including newer roofs, water heaters, and HVAC systems. Interior amenities include high-speed internet capability, laminate and granite counters, and W/D hookups. The exterior offers vinyl siding, rain gutters, and privacy fencing where applicable, along with decks for select units.
Parking is designed for tenant convenience with oversized covered carports and driveways. The building sits at the end of a low-traffic street at 317-347 Hawthorne Street in Hollister, MO, with shopping, businesses, and restaurants about 5 minutes away. The property also provides public sewer service.
In addition to the existing rental units, there is an extra build-ready lot with city water and sewer already in place, offering space to expand and build another unit.
Parking is designed for tenant convenience with oversized covered carports and driveways. The building sits at the end of a low-traffic street at 317-347 Hawthorne Street in Hollister, MO, with shopping, businesses, and restaurants about 5 minutes away. The property also provides public sewer service.
In addition to the existing rental units, there is an extra build-ready lot with city water and sewer already in place, offering space to expand and build another unit.
Key Highlights
- Three duplexes with six 2‑bedroom units
- 8 full bathrooms and 4 half bathrooms across the property
- Updated units with newer roofs, water heaters, and HVAC systems
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
$56,666
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
5.96%
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%
$1,133,320
$1.1M
Cap Rate 7%
$809,514
$809.5K
Cap Rate 9%
$629,622
$629.6K
Market Conditions
NOI Build-Up for 6,240 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
$87.6K $14.04/SF
− Vacancy
−$6.7K −$1.07/SF
EGI
$81.0K $12.97/SF
− OpEx
−$24.3K −$3.89/SF
NOI
$56.7K $9.08/SF
Area
Taney County, MO
Vacancy
7.60%
Lease Rate
$14.04 /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%
$1,133,320
Cap Rate 7%
$809,514
Cap Rate 9%
$629,622
Alternative Uses
Best Use
Multifamily LT 5
$809.5K
$708.3K – $944.4K
NOI $56,666 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$719.9K
$629.9K – $839.9K
NOI $50,393 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,363 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
Explore this area
Business Placement
Demographics for 65672, MO
8,548
Population
4,696
Households
1.8
Avg Household Size
43
Median Age
26%
College-Educated
93%
High-School Grad
57.0 sq mi
ZIP Area
150
Density / Sq Mi
$60,407
Median Household Income
$29,235
Median Earnings
$878
Median Rent
$172,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Three duplexes totaling six updated 2-bedroom units with newer roofs, water heaters, and HVAC.
Where is this duplex located?
The property is located at 317-347 Hawthorne Street Hollister, MO.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Three duplexes with six 2‑bedroom units; 8 full bathrooms and 4 half bathrooms across the property; Updated units with newer roofs, water heaters, and HVAC systems
