Duplex on Open
For Sale
$250,000
3274 N State Highway Ab, Springfield, MO 65803
Residential Income, Springfield, MO
Property Size2,167 SF
Lot Size4.80 Acres
Price / SF$115.37
Days on Market92
Property Features for 3274 N State Highway Ab
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
A-1
Bedrooms
4
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 1
Interior features
Apply To All Units, Washer/Dryer Hookup, Utility Room, Fenced Area, Storage
Fencing
Fenced
Appliances
Range, Refrigerator, Microwave
Elementary school
WD Central
Middle school
Willard
High school
Willard
Directions
From West Chestnut Expressway: North on Hwy AB 3.2 miles to home on the right. Please park in the 3276 (north side)
Standard status
Active
APN
1403100163
Size
2,167 SF
Lot size
4.80 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
4.8A M/L BEG 161.16 FT E NW COR LOT 3 NEFR1/4 E 297.47 FT S 646.03 FT W 399.84 FT N 159.98 FT E 106.89 FT N 487.89 FT TO BEG 3/29/23
Tax Annual Amount
1964
Legal Description
4.8A M/L BEG 161.16 FT E NW COR LOT 3 NEFR1/4 E 297.47 FT S 646.03 FT W 399.84 FT N 159.98 FT E 106.89 FT N 487.89 FT TO BEG 3/29/23
Utilities
Utilities
Natural Gas Available
Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)
Amenities
storage shed
Building Details
Year built
1969
Number of units
2
Building materials
Brick, Block
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
AMAX Real Estate
(417) 855-2333
Listed By:
Darlana Halterman
(417) 880-0713
Added: Jul 17
Changed: Oct 15
Last Checked: Oct 16 at 12:06PM
MLS# 60329114
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.
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Investment Insights
Based on property information with market context.
This duplex contains 2,167 square feet with two separate units, each offering two bedrooms, one full bathroom, a two-car carport, and an attached storage shed. One side has been completely remodeled and is vacant, while the other is occupied by a tenant who has been in place for more than 20 years. Central heating and air conditioning, washer and dryer hookups, utility rooms, fenced areas, and included appliances add practical functionality. The building was constructed in 1969 and has brick and block construction with a shingle roof that is one year old.
The property includes 4.8 acres at 3274 N State Highway Ab in Springfield, MO, with A-1 zoning and natural gas available. The open land is currently used for cattle grazing by a family member. The property carries a Springfield address and is served by Willard Schools.
The property includes 4.8 acres at 3274 N State Highway Ab in Springfield, MO, with A-1 zoning and natural gas available. The open land is currently used for cattle grazing by a family member. The property carries a Springfield address and is served by Willard Schools.
Key Highlights
- Duplex contains 2,167 square feet on 4.8 acres
- Each unit has 2 bedrooms, 1 full bath, a 2‑car carport, and attached storage shed
- One unit is completely remodeled and vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,642
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,840
$392.8K
Cap Rate 7%
$280,600
$280.6K
Cap Rate 9%
$218,244
$218.2K
Market Conditions
NOI Build-Up for 2,167 SF
Gross rent
$29.9K $13.80/SF
− Vacancy
−$1.8K −$0.85/SF
EGI
$28.1K $12.95/SF
− OpEx
−$8.4K −$3.88/SF
NOI
$19.6K $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 Rate 5%
$392,840
Cap Rate 7%
$280,600
Cap Rate 9%
$218,244
Alternative Uses
Best Use
Multifamily LT 5
$280.6K
$245.5K – $327.4K
NOI $19,642 @ 7.0% cap · market cap 7.86%
Second Best
Apartment 5plus
$250.3K
$219.0K – $292.0K
NOI $17,518 @ 7.0% cap · market cap 7.01%
Theoretical Best
Office A
$327.1K
$286.2K – $381.6K
NOI $22,895 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
50%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
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Business Placement
Demographics for 65803, MO
42,007
Population
19,659
Households
2.1
Avg Household Size
38
Median Age
22%
College-Educated
91%
High-School Grad
93.4 sq mi
ZIP Area
450
Density / Sq Mi
$46,539
Median Household Income
$33,537
Median Earnings
$890
Median Rent
$158,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom units, covered parking, storage, and one recently updated vacant side support flexible residential use.
Where is this duplex located?
The property is located at 3274 N State Highway Ab Springfield, MO.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Duplex contains 2,167 square feet on 4.8 acres; Each unit has 2 bedrooms, 1 full bath, a 2‑car carport, and attached storage shed; One unit is completely remodeled and vacant
