Two-Unit Duplex with Attached
For Sale
$299,900
420 & 422 W Bradford Street, Bolivar, MO 65613
Fully leased duplex with attached garages, included laundry appliances, and complete kitchen appliance packages in each unit.
Property Size2,514 SF
Price / SF$119.29
Days on Market86
Property Features for 420 & 422 W Bradford Street
General Information
Standard status
Active
Size
2,514 SF
Total Parking Spaces
2
Property subtype
Residential Income
Occupancy
100%
Additional Details
Gross Income
$20,700
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,847
Listing Agency:
Stellar Real Estate Co.
(417) 777-7740
Listed By:
Jeremy Scowden
(417) 234-7391
Source:
Exprealty
Added: Jul 24
Changed: Oct 3
Last Checked: Oct 16 at 2:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stellar Real Estate Co.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,514-square-foot duplex contains two residential units, each with a functional layout and an attached one-car garage. Both units include washer and dryer hookups, with the laundry appliances included, along with a full kitchen appliance package.
The property is located at 420 & 422 W Bradford Street in Bolivar, Missouri, near Southwest Baptist University. The duplex is fully leased, providing an operating residential income property with established occupancy and two separately configured units.
The property is located at 420 & 422 W Bradford Street in Bolivar, Missouri, near Southwest Baptist University. The duplex is fully leased, providing an operating residential income property with established occupancy and two separately configured units.
Key Highlights
- 2,514‑square‑foot duplex with two residential units
- Fully leased property with established occupancy
- Each unit includes an attached one‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,787
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,740
$455.7K
Cap Rate 7%
$325,529
$325.5K
Cap Rate 9%
$253,189
$253.2K
Market Conditions
NOI Build-Up for 2,514 SF
Gross rent
$34.7K $13.80/SF
− Vacancy
−$2.1K −$0.85/SF
EGI
$32.6K $12.95/SF
− OpEx
−$9.8K −$3.88/SF
NOI
$22.8K $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%
$455,740
Cap Rate 7%
$325,529
Cap Rate 9%
$253,189
Alternative Uses
Best Use
Multifamily LT 5
$325.5K
$284.8K – $379.8K
NOI $22,787 @ 7.0% cap · market cap 7.60%
Second Best
Apartment 5plus
$290.3K
$254.0K – $338.7K
NOI $20,323 @ 7.0% cap · market cap 6.78%
Theoretical Best
Office A
$379.4K
$332.0K – $442.7K
NOI $26,561 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
Explore this area
Business Placement
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
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
Frequently Asked Questions
What type of property is this?
Duplex - Fully leased duplex with attached garages, included laundry appliances, and complete kitchen appliance packages in each unit.
Where is this duplex located?
The property is located at 420 & 422 W Bradford Street Bolivar, MO.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 2,514‑square‑foot duplex with two residential units; Fully leased property with established occupancy; Each unit includes an attached one‑car garage
