Building Details

Building Size 2,748 SF

Year Built 1947

Buildings 2

Listing Agency: VIP Properties

Listed By: Heather Holden · License #2022013593 Show Phone

Source: Ericasmithrealestate

Added: May 14 Changed: Sep 8 Last Checked: Sep 10 at 7:30AM

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Investment Insights

Based on property information with market context.

This multifamily property includes two separate residences on 5.73 acres m/l. The primary home offers three bedrooms, one and one-half baths, hardwood floors, covered front and side entries, a country kitchen, and a brick fireplace with propane logs. The second residence is a 2002 manufactured double wide with three bedrooms, two baths, a covered front porch, permanent foundation, oversized crawlspace, side deck, and partially fenced yard.

An RV concrete pad includes full electric, water, and septic hookups. The residences and RV pad are served by separate electric meters. The property combines open ground and wooded areas, with a well, two septic tanks, highway frontage, and proximity to Newburg Schools. It is located approximately 1 mile south of Interstate 44, with access toward Rolla, Waynesville, and Fort Leonard Wood.

Key Highlights

• 5.73 acres m/l with a combination of open ground and woods
• Two residences: a three‑bedroom home and a 2002 manufactured double wide
• RV concrete pad with full hookups to electric, water, and septic

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Storage Facility Bakery Auto Repair Shop Fish Market Food Market Farmer's Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Yes

Highway access

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

4

Businesses Nearby

Explore this area Business Placement

Demographics for 65550, MO

2,836

Population

1,685

Households

1.7

Avg Household Size

44

Median Age

18%

College-Educated

86%

High-School Grad

173.2 sq mi

ZIP Area

16

Density / Sq Mi

$67,721

Median Household Income

$41,731

Median Earnings

$530

Median Rent

$155,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Multifamily property - Two residences and an RV hookup pad occupy a rural acreage tract near Interstate 44.

Where is this multifamily property located?

The property is located at 353 Truman Street Newburg, MO.

What is the asking price?

The asking price for this property is $235,000.

What are key features of this property?

This property features: 5.73 acres m/l with a combination of open ground and woods; Two residences: a three‑bedroom home and a 2002 manufactured double wide; RV concrete pad with full hookups to electric, water, and septic