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Historic Short-Term Rental Property
For Sale
Contact for pricing
Pending

435 E Walnut St, Springfield, MO 65806

Historic property with updated plumbing and electrical, period architectural details, a fully equipped kitchen, and on-site parking.

Property SizeContact for details
Days on Market141

Property Features for 435 E Walnut St

General Information

Standard status Pending
Property subtype Multifamily
Zoning CC

Additional Details

Road Access Yes

Amenities

high ceilings
wood and carpeted floors
unique mill work
period light fixtures
fireplaces
fully equipped kitchen

Building Details

Year Built 1881
Construction Victorian
Listing Agency: Reece Commercial Real Estate
Listed By: Skip Liebman · License #MO 2003022995
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 10:48PM

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 Reece Commercial Real Estate

Investment Insights

Based on property information with market context.

The Keet-McElhaney House is a circa 1881 property with Victorian architectural character, high ceilings, wood and carpeted floors, distinctive millwork, period light fixtures, and fireplaces. Natural light, a fully equipped kitchen, and pre-wiring for fire alarms add practical functionality. The property includes a 5,649-square-foot main house, a 500-square-foot summer house, and 733 square feet of unfinished basement and tunnel space. The main building has 5 bathrooms, while the summer house adds 1 bathroom. Plumbing and electrical systems have been updated, and the roof was completed in 2007.

Located in downtown Springfield near S. Jefferson and E. Walnut, the property is minutes from MSU, Cardinal Ball Park, the Federal Court House, and the City, County and State Government Plaza. Access is available from E. Walnut, with parking both on-site and along the street. CC zoning and the property's mixed-use and Airbnb references support consideration of short-term rental use.

Key Highlights

  • Circa 1881 Victorian property with high ceilings, millwork, fireplaces, period fixtures, and wood and carpeted floors
  • 5,649‑square‑foot main house plus a 500‑square‑foot summer house
  • 733 square feet of unfinished basement and tunnel space

Property Analytics

Current Use

Robert D. Lewis, ... Law Firm The Med Card | Missouri ... Physician Gold Horse Auctions Trade Show Venue Martin & Associates PC Law Firm The Timeshare Attorney Law Firm

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Veterinary Clinic Garden Center Big Box & Wholesale Store Wine and Liquor 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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,300
Businesses Nearby

Demographics for 65806, MO

12,529
Population
8,049
Households
1.6
Avg Household Size
27
Median Age
22%
College-Educated
87%
High-School Grad
2.1 sq mi
ZIP Area
5,966
Density / Sq Mi
$28,450
Median Household Income
$21,090
Median Earnings
$840
Median Rent
$85,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Short term rental property - Historic property with updated plumbing and electrical, period architectural details, a fully equipped kitchen, and on-site parking.
Where is this short term rental property located?
The property is located at 435 E Walnut St Springfield, MO.
What are key features of this property?
This property features: Circa 1881 Victorian property with high ceilings, millwork, fireplaces, period fixtures, and wood and carpeted floors; 5,649‑square‑foot main house plus a 500‑square‑foot summer house; 733 square feet of unfinished basement and tunnel space
(417) 888-3231 Call to check price and availability
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