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Duplex on Acreage with Vacant Unit

3274 N State Highway Ab Springfield, MO 65803

New
3274 N State Highway Ab, Springfield, MO, 65803
$275,000
For Sale
$275,000

MULTI_FAMILY - Springfield, MO

Property Size2,167 SF
Lot Size4.80 Acres
Price / SF$126.90
Days on Market1

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
Rooms
Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2
Interior features
Apply To All Units, Washer/Dryer Hookup, Utility Room, Fenced Area, Storage
Fencing
Fenced
Appliances
Range, Refrigerator, Microwave
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

Utilities

Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)

Building Details

Year built
1969
Number of units
2
Building materials
Brick, Block
Roof type
Shingle
Additional Structures
Storage
Listing Agency AMAX Real Estate
1324 E. Kingsley St., Springfield, MO
Listed by Darlana Halterman
Added: Jul 17 Checked: Jul 17 at 6:06 pm
MLS# 60329114 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.


Investment Insights

Based on property information with market context.

This duplex on 4.8 acres offers two mirrored units, with each side featuring 2 bedrooms, 1 full bath, a 2-car carport, and an attached storage shed. One unit has been completely remodeled and is currently vacant, providing a move-in-ready option for an owner-occupant or new tenant. The second unit is occupied by a long-term tenant of more than 20 years, offering continuity of rental income. The property also includes a roof reported to be about one year old.

The home is located at 3274 N State Highway Ab in Springfield, Missouri (Greene County). The property is currently being used for cattle grazing by a family member, aligning with its A-1 zoning designation.

With two separate dwelling sides and substantial open acreage, this property provides a straightforward duplex configuration while maintaining rural flexibility under its existing agricultural zoning.

Key Highlights

  • Duplex on 4.8 acres with Springfield address and Willard Schools
  • Each side offers 2 bedrooms and 1 full bath, plus a 2‑car carport and attached storage shed
  • One unit is completely remodeled and vacant for immediate move‑in or new tenancy

Local Financial Insights For Multifamily LT 5

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 $29.9k $13.80
− Vacancy −$1.8k −$0.85
EGI $28.1k $12.95
− OpEx −$8.4k −$3.88
NOI $19.6k $9.06
2,167 SF · lease $13.80/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$280.6K
$245.5K – $327.4K (±1% cap)
NOI $19,642 @ 7.0% cap · market cap 7.14%
Second Best
Apartment 5plus
$250.3K
$219.0K – $292.0K (±1% cap)
NOI $17,518 @ 7.0% cap · market cap 6.37%
Theoretical Best
Office A
$327.1K
$286.2K – $381.6K (±1% cap)
NOI $22,895 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Clothing & Fashion Store

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

FAQs

What type of property is this?
Duplex - Duplex on 4.8 acres in A-1 zoning, with two 2-bedroom/1-bath units, one remodeled and vacant.
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 $275,000.
What are key features of this property?
This property features: Duplex on 4.8 acres with Springfield address and Willard Schools; Each side offers 2 bedrooms and 1 full bath, plus a 2‑car carport and attached storage shed; One unit is completely remodeled and vacant for immediate move‑in or new tenancy
Contact an agent
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