63-Unit Apartment
For Sale
$9,934,029
415 N Public Avenue, Clever, MO 65631
Residential Income, Clever, MO
Property Size85,178 SF
Lot Size6.50 Acres
Price / SF$116.63
Days on Market51
Property Features for 415 N Public Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Mulit Family
Bedrooms
149
Rooms
Bedroom 20, Bedroom 27, Bedroom 26, Bedroom 63, Bedroom 105, Bedroom 145, Bedroom 73, Bedroom 133, Bedroom 67, Bedroom 15, Bedroom 148, Bedroom 97, Bedroom 100, Bedroom 84, Bedroom 48, Bedroom 78, Bedroom 82, Bedroom 120, Bedroom 56, Bedroom 40, Bedroom 127, Bedroom 54, Bedroom 92, Bedroom 32, Bedroom 45, Bedroom 118, Bedroom 10, Bedroom 57, Bedroom 113, Bedroom 83, Bedroom 94, Bedroom 131, Bedroom 86, Bedroom 64, Bedroom 61, Bedroom 7, Bedroom 4, Bedroom 66, Bedroom 149, Bedroom 51, Bedroom 112, Bedroom 99, Bedroom 79, Bedroom 146, Bedroom 36, Bedroom 59, Bedroom 58, Bedroom 141, Bedroom 5, Bedroom 17, Bedroom 87, Bedroom 80, Bedroom 46, Bedroom 18, Bedroom 91, Bedroom 128, Bedroom 89, Bedroom 142, Bedroom 1, Bedroom 130, Bedroom 77, Bedroom 111, Bedroom 71, Bedroom 104, Bedroom 93, Bedroom 60, Bedroom 55, Bedroom 139, Bedroom 102, Bedroom 122, Bedroom 138, Bedroom 144, Bedroom 44, Bedroom 75, Bedroom 76, Bedroom 35, Bedroom 70, Bedroom 132, Bedroom 49, Bedroom 126, Bedroom 25, Bedroom 28, Bedroom 52, Bedroom 90, Bedroom 30, Bedroom 41, Bedroom 81, Bedroom 37, Bedroom 103, Bedroom 107, Bedroom 39, Bedroom 8, Bedroom 108, Bedroom 43, Bedroom 24, Bedroom 101, Bedroom 23, Bedroom 68, Bedroom 47, Bedroom 62, Bedroom 38, Bedroom 22, Bedroom 124, Bedroom 11, Bedroom 31, Bedroom 21, Bedroom 106, Bedroom 9, Bedroom 119, Bedroom 34, Bedroom 136, Bedroom 14, Bedroom 134, Bedroom 74, Bedroom 143, Bedroom 123, Bedroom 33, Bedroom 69, Bedroom 140, Bedroom 50, Bedroom 117, Bedroom 110, Bedroom 19, Bedroom 72, Bedroom 95, Bedroom 88, Bedroom 13, Bedroom 135, Bedroom 116, Bedroom 16, Bedroom 121, Bedroom 129, Bedroom 2, Bedroom 109, Bedroom 12, Bedroom 147, Bedroom 85, Bedroom 65, Bedroom 42, Bedroom 6, Bedroom 98, Bedroom 3, Bedroom 115, Bedroom 53, Bedroom 125, Bedroom 96, Bedroom 137, Bedroom 114, Bedroom 29
Appliances
Range, Disposal, Dishwasher, Refrigerator, Microwave
View
City
Elementary school
Clever
Middle school
Clever
High school
Clever
Directions
At Hwy 14 & K go South on K to sharp left curve and stay straight on Public in front of school and continue to 415 S. Public.
Standard status
Active
APN
090420003006005000
Size
85,178 SF
Lot size
6.50 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
125056
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2024
Number of units
63
Building materials
Vinyl Siding
Roof type
Composition
Listing Agency:
Keller Williams Local · Keller Williams Realty
(417) 883-4900
Listed By:
Tyler Richardson
(417) 773-5168
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 29 at 3:06AM
MLS# 60333507
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 63-unit apartment community at 415 N Public Avenue includes townhome-style residences built in 2024. Individual homes provide approximately 1,200 to 1,500 square feet of living space, with vinyl siding, composition roofs, central heating, and central air conditioning. Kitchens are equipped with ranges, disposals, dishwashers, refrigerators, and microwaves.
The property occupies 6.5 acres and contains 85,178 square feet. Public sewer serves the community, with electricity available to the property. Located in Clever, Missouri, the development is zoned for multifamily use and provides newly built rental housing within Christian County.
The property occupies 6.5 acres and contains 85,178 square feet. Public sewer serves the community, with electricity available to the property. Located in Clever, Missouri, the development is zoned for multifamily use and provides newly built rental housing within Christian County.
Key Highlights
- 63‑unit townhome community
- Built in 2024
- 6.5‑acre property containing 85,178 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$688,580
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,771,600
$13.8M
Cap Rate 7%
$9,836,857
$9.8M
Cap Rate 9%
$7,650,889
$7.7M
Market Conditions
NOI Build-Up for 85,178 SF
Gross rent
$1.34M $15.72/SF
− Vacancy
−$87.0K −$1.02/SF
EGI
$1.25M $14.70/SF
− OpEx
−$563.4K −$6.61/SF
NOI
$688.6K $8.08/SF
Area
Christian County, MO
Vacancy
6.50%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,771,600
Cap Rate 7%
$9,836,857
Cap Rate 9%
$7,650,889
Alternative Uses
Best Use
Apartment 5plus
$9.84M
$8.61M – $11.48M
NOI $688,580 @ 7.0% cap · market cap 6.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.86M
$11.25M – $15.00M
NOI $899,929 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
63
Residential units
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
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Business Placement
Demographics for 65631, MO
5,599
Population
2,413
Households
2.3
Avg Household Size
35
Median Age
26%
College-Educated
93%
High-School Grad
42.1 sq mi
ZIP Area
133
Density / Sq Mi
$91,250
Median Household Income
$44,118
Median Earnings
$1,058
Median Rent
$220,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - New construction offers townhome-style residences with central heating and cooling in a multifamily setting.
Where is this apartment building located?
The property is located at 415 N Public Avenue Clever, MO.
What is the asking price?
The asking price for this property is $9,934,029.
What are key features of this property?
This property features: 63‑unit townhome community; Built in 2024; 6.5‑acre property containing 85,178 square feet
