Duplex on
For Sale
$250,000
3274 N State Highway AB, Springfield, MO 65803
Residential, 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
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 1
Parking features
Driveway, Covered, Carport
Window features
Double Pane Windows
Interior features
Walk-in Shower, W/D Hookup
Fencing
Chain Link, Barbed Wire
Appliances
Microwave, Gas Water Heater, Free-Standing Electric Oven, Refrigerator
Lot features
Acreage, Pasture
Elementary school
WD Central
Middle school
Willard
High school
Willard
Directions
From West Chestnut Expressway: North on State Hwy AB 3.2 miles to home on right. Please park in 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
Sewer type
Septic Tank
Heating system
Forced Air, Central
Cooling system
Central Air, Ceiling Fan(s)
Amenities
carport
storage shed
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
(417) 855-2333
Listed By:
Darlana Halterman
(417) 880-0713
Added: Jul 17
Changed: Oct 15
Last Checked: Oct 16 at 12:06PM
MLS# 60329113
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 2,167-square-foot duplex contains two matching units, each with 2 bedrooms, 1 full bath, a 2-car carport, and an attached storage shed. One residence has been remodeled and is vacant, while the other has a tenant with more than 20 years of occupancy. Interior features include walk-in showers and washer/dryer hookups, with central air, forced-air heat, brick and block construction, and shingle roofing. The property was built in 1969 and has a one-year-old roof.
Set on 4.8 acres at 3274 N State Highway AB in Springfield, the property includes open ground, chain-link and barbed-wire fencing, a septic tank, and space currently used for cattle grazing. The address is associated with Willard Schools. Covered parking, driveway access, and separate storage support the property's residential income configuration.
Set on 4.8 acres at 3274 N State Highway AB in Springfield, the property includes open ground, chain-link and barbed-wire fencing, a septic tank, and space currently used for cattle grazing. The address is associated with Willard Schools. Covered parking, driveway access, and separate storage support the property's residential income configuration.
Key Highlights
- Two‑unit duplex with 2,167 square feet of total property size
- Each unit includes 2 bedrooms, 1 full bath, a 2‑car carport, and an attached storage shed
- Set on 4.8 acres at 3274 N State Highway AB, Springfield, MO 65803
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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Current Use
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 mirrored units offer flexible ownership and rental 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: Two‑unit duplex with 2,167 square feet of total property size; Each unit includes 2 bedrooms, 1 full bath, a 2‑car carport, and an attached storage shed; Set on 4.8 acres at 3274 N State Highway AB, Springfield, MO 65803
