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Two-Unit Duplex on Acreage

3274 N State Highway Ab Springfield, MO 65803

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

DUPLEX - 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
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 2
Parking features
Covered, Carport
Window features
Double Pane Windows
Fencing
Barbed Wire, Chain Link
Appliances
Microwave, Gas Water Heater, Free-Standing Electric Oven, Refrigerator
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

Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)

Building Details

Year built
1969
Floors in Building
1
Flooring type
Carpet, Vinyl
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 7:06 pm
MLS# 60329113 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 offers a mirrored layout, with each side featuring 2 bedrooms and 1 full bath. Each unit also includes a 2-car carport and an attached storage shed. One side has been completely remodeled and is currently vacant for immediate occupancy, while the other side is occupied by a long-term tenant of more than 20 years.

The property sits on 4.8 acres and is currently used for cattle grazing by a family member. The address is in Springfield, Missouri, with Willard Schools noted in the remarks.

Additional details provided include a one-year-old roof and the availability of substantial open acreage for flexible use.

Key Highlights

  • Duplex on 4.8 acres; each side has 2 bedrooms and 1 full bath with a mirrored floor plan.
  • One unit is completely remodeled and vacant—move‑in ready for an owner or new tenant.
  • Second unit is tenant‑occupied with a long‑term tenant of over 20 years.

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 - Mirror-image duplex with two bedrooms per side, each with a carport and storage shed, on 4.8 acres.
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; each side has 2 bedrooms and 1 full bath with a mirrored floor plan.; One unit is completely remodeled and vacant—move‑in ready for an owner or new tenant.; Second unit is tenant‑occupied with a long‑term tenant of over 20 years.
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