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Occupied Four-Unit Duplex Portfolio
New
For Sale
$375,000

415 & 417 Spring Street, Neosho, MO 64850

MultiFamily, Neosho, MO

Property Size3,500 SF
Lot Size0.26 Acres
Price / SF$107.14
Days on Market6

Property Features for 415 & 417 Spring Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 6, Bedroom 7, Bathroom 1, Bedroom 5, Bathroom 4, Bedroom 8, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 3
Basement Crawl Space
Elementary school Central
Middle school Neosho
Elementary school district Neosho
Middle school district Neosho
High school district Neosho
Directions From Harmony and Neosho Blvd, go north less than 2 blocks to Spring street, then go each for about 4 blocks to the property.
Subdivision 13 - Neosho Area
Standard status Active
Size 3,500 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Annual Amount 1200

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1978
Number of units 4
Flooring type Vinyl, Laminate
Architectural style Other
Listing Agency: KELLER WILLIAMS REALTY ELEVATE
Listed By: ICON Real Estate, LLC, Shawna Ferguson · License #2007026710
Added: Sep 16 Last Checked: Sep 21 at 11:06PM
MLS# 265303

Copyright © 2026 Ozark Gateway Association of Realtors. 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.

The property includes two duplex buildings with four total residences and 3,500 square feet on 0.26 acres. Built in 1978, the buildings provide a consistent layout across the portfolio, with each residence offering 2 bedrooms and 1 full bathroom. Vinyl and laminate flooring, central heating, and central air serve the units. All four residences are currently occupied.

Located at 415 & 417 Spring Street in Neosho, the property sits near Downtown Neosho Square, with dining, shopping, local businesses, and community amenities nearby. The combination of established occupancy, multiple residences, and a downtown-adjacent setting supports continued use as a residential income property.

Key Highlights

  • Two duplex buildings with four total residences
  • All four units currently occupied
  • Each unit includes 2 bedrooms and 1 full bathroom

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Dental Office Auto Parts Store

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

665
Businesses Nearby

Demographics for 64850, MO

24,586
Population
10,004
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
203.3 sq mi
ZIP Area
121
Density / Sq Mi
$60,945
Median Household Income
$35,610
Median Earnings
$762
Median Rent
$161,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two maintained duplex buildings offer fully occupied residential income space near downtown dining, shopping, businesses, and community amenities.
Where is this duplex located?
The property is located at 415 & 417 Spring Street Neosho, MO.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two duplex buildings with four total residences; All four units currently occupied; Each unit includes 2 bedrooms and 1 full bathroom
More about this property
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