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Two-Duplex Residential Income Property
For Sale
$599,800

420/2/5/7 W Bradford Street, Bolivar, MO 65613

Residential Income, Bolivar, MO

Property Size4,800 SF
Lot Size0.78 Acres
Price / SF$124.96
Days on Market47

Property Features for 420/2/5/7 W Bradford Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R4
Bedrooms 12
Rooms Bedroom 1, Bedroom 7, Bedroom 5, Bedroom 10, Bedroom 8, Bedroom 9, Bedroom 3, Bedroom 12, Bedroom 6, Bedroom 4, Bedroom 11, Bedroom 2
Interior features Carpet, Washer/Dryer Hookup
Appliances Range, Disposal, Dishwasher, Dryer, Washer, Refrigerator
Subdivision Porter Place
Elementary school Bolivar
Middle school Bolivar
High school Bolivar
Directions From Bolivar square, drive South on Springfield Ave to Aldrich Rd. Turn West on Aldrich Rd to Pike St. Turn South on Pike to Bradford St. Turn West on Bradford to duplex in the cul-de-sac.
Standard status Active
APN 11-0.6-14-000-000-001.016
Size 4,800 SF
Lot size 0.78 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3580

Utilities

Sewer type Public Sewer
Heating system Forced Air, Central
Cooling system Central Air, Ceiling Fan(s)

Amenities

washer and dryer hookups with washer and dryer included
full kitchen appliance package

Building Details

Year built 2003
Number of units 4
Building materials Brick, Vinyl Siding
Roof type Composition
Listing Agency: Stellar Real Estate Co.
Listed By: Jeremy Scowden
Added: Aug 21 Changed: Oct 5 Last Checked: Oct 6 at 6:06PM
MLS# 60332069

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 residential income property comprises two duplexes with a combined 4800 square feet on 0.78 acres. Built in 2003, the buildings offer functional unit layouts, attached one-car garages, washer and dryer hookups, and included washers and dryers. Kitchens are equipped with ranges, disposals, dishwashers, refrigerators, and additional laundry appliances. Heating includes central and forced-air systems, while cooling is provided by central air and ceiling fans. Brick and vinyl siding form the primary exterior materials, with composition roofing and public sewer service.

The property is located at 420/2/5/7 W Bradford Street in Bolivar, near Southwest Baptist University. It is zoned R4 and is currently fully leased. Multiple HVAC units are relatively new, adding to the existing mechanical improvements across the property.

Key Highlights

  • Two duplexes with a combined 4800 square feet on 0.78 acres
  • Currently fully leased
  • Each unit includes an attached one‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,507
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$870,140 $870.1K
Cap Rate 7%
$621,529 $621.5K
Cap Rate 9%
$483,411 $483.4K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$66.2K $13.80/SF
− Vacancy
−$4.1K −$0.85/SF
EGI
$62.2K $12.95/SF
− OpEx
−$18.6K −$3.88/SF
NOI
$43.5K $9.06/SF
Area
Polk County, 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%
$870,140
Cap Rate 7%
$621,529
Cap Rate 9%
$483,411

Alternative Uses

Best Use
Multifamily LT 5
$621.5K
$543.8K – $725.1K (±1% cap)
NOI $43,507 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$554.3K
$485.0K – $646.7K (±1% cap)
NOI $38,803 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$724.5K
$633.9K – $845.2K (±1% cap)
NOI $50,713 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby

Demographics for 65613, MO

17,890
Population
7,327
Households
2.4
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
184.9 sq mi
ZIP Area
97
Density / Sq Mi
$56,919
Median Household Income
$31,765
Median Earnings
$828
Median Rent
$197,200
Median Home Value

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 - Fully leased residential asset near Southwest Baptist University with garages, appliances, and in-unit laundry hookups.
Where is this duplex located?
The property is located at 420/2/5/7 W Bradford Street Bolivar, MO.
What is the asking price?
The asking price for this property is $599,800.
What are key features of this property?
This property features: Two duplexes with a combined 4800 square feet on 0.78 acres; Currently fully leased; Each unit includes an attached one‑car garage
More about this property
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