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Multifamily Apartment Building
For Sale
$800,000

404 School Street, Waynesville, MO 65583

MULTI_FAMILY - Waynesville, MO

Property Size37,461 SF
Lot Size0.86 Acres
Price / SF$21.36
Days on Market175

Property Features for 404 School Street

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision Pulaski-Not in List
View City
Elementary school Waynesville
Middle school Waynesville
High school Waynesville
Directions Heading East on US route 66. Turn left (North) on to 17. Turn left on School Street. Property is on the left
Standard status Active
APN 11-6.0-24-003-003-001.000
Size 37,461 SF
Lot size 0.86 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 736

Utilities

Sewer type Public Sewer

Building Details

Year built 1941
Number of units 28
Listing Agency: Alpha Realty MO, LLC
Listed By: Samuel Wohlenhaus · License #2022048233
Added: Feb 25 Changed: Jun 25 Last Checked: Aug 19 at 3:06AM
MLS# 60316130

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 for-sale multifamily apartment property includes a total land area of 0.86 acres. The offering is listed as a residential income asset in the apartment building category, providing an ownership structure geared toward multifamily occupancy.

The property is located at 404 School Street in Waynesville, Missouri (Pulaski County). Public remarks describe it as being positioned next to the downtown strip, which may support a tenant base seeking proximity to nearby commercial activity.

For buyers evaluating residential income properties, this asset offers a straightforward multifamily format within a downtown-adjacent setting. Prospective owners may find it relevant for strategies centered on managing and leasing multiple residential units on a discrete parcel. As always, due diligence should include confirming the existing building configuration and any updates needed to support current and future tenant demand.

Key Highlights

  • Prime location next to downtown Waynesville.
  • Large 0.86 acre lot.
  • High potential for business opportunities.

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Storage Facility Furniture & Home Goods Kitchen & Bath Showroom Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

261
Businesses Nearby

Demographics for 65583, MO

13,561
Population
5,836
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
97%
High-School Grad
63.3 sq mi
ZIP Area
214
Density / Sq Mi
$78,763
Median Household Income
$44,667
Median Earnings
$1,107
Median Rent
$209,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - For-sale multifamily property on a 0.86-acre lot in Waynesville, suited to income-focused residential uses.
Where is this specialty property located?
The property is located at 404 School Street Waynesville, MO.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Prime location next to downtown Waynesville.; Large 0.86 acre lot.; High potential for business opportunities.
More about this property
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