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Gated Residential Income Property
For Sale
$895,000

4541 Lanier Lane, Springfield, MO 65803

Residential income property featuring multiple dwellings, including a 435+/- sq ft guest house with kitchenette and separate heating and cooling.

Property Size1,969 SF
Lot Size55.00 Acres
Price / SF$454.55
Days on Market856

Property Features for 4541 Lanier Lane

General Information

Standard status Active
Size 1,969 SF
Total Parking Spaces 2
Lot size 55.00 Acres
Property subtype Multi-Family

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $2,646

Amenities

gated entrance
screened-in porch
open deck
rock fireplace
skylight
walk-in closet
Central Air
3
Hardwood, Tile, Vinyl
Electric Range/Cooktop
Skylight
Double Pane
Composition
Barbed Wire
Screened-in
Outbuildings.
4 Garage Spaces.
Wood
Out Building. Gravel Road, Acreage.

Building Details

Year Built 1964
Listing Agency: Indy's Case Real Estate
Listed By: Integrity Real Estate · License #1999089548
Source: Xome
Added: Apr 9, 2024 Changed: Aug 9 Last Checked: Aug 11 at 4:43AM

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 Indy's Case Real Estate

Investment Insights

Based on property information with market context.

This residential income property sits on approximately 55+/- acres and includes a main residence plus two additional homes/guest quarters. The main home is estimated at 1,534+/- sq ft and features a screened-in porch, an open deck at the primary entrance, and a family room with a rock fireplace and expansive windows. Hardwood flooring runs through the main living spaces, with parquet designs in the kitchen and bathroom. The master suite includes floor-to-ceiling bookshelves and a generous walk-in closet, and an additional living space can be converted into a second bedroom. The practical kitchen includes a skylight, an electric stovetop, dual ovens, butcher block countertops, and a marble inset.

Access is provided via paved Farm Road 94, leading through a gated entrance and a secluded drive. The property includes 23+/- acres of open land described as suitable for hay cutting or livestock grazing, and a longstanding spring near the residence that has flowed for years (per the remarks). Terrain is presented as navigable by pickup or SUV.

A 435+/- sq ft separate one-room apartment/guest house is located off an extra-tall carport that could be enclosed as a two-car garage. The guest house has its own kitchenette, bathroom, and independent heating and cooling systems. Across the driveway is a second house estimated at 1,200+/- sq ft, with a large deck, one bedroom, and two baths, along with a room that could be turned into another bedroom. Additional structures include a two-car detached garage, a small two-level barn, and a third cabin without utilities or fixtures.

Key Highlights

  • Nestled on approx 55+/- acres with gated entrance and secluded drive via paved Farm Road 94
  • Main residence estimated at 1,534+/- sqft with hardwood, tile, and vinyl flooring; rock fireplace in the family room
  • Kitchen includes electric range/cooktop, dual ovens, skylight, butcher block countertops, and marble inset

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store HVAC Service Garden Center (Bike/Boat/Book/etc) 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

4
Businesses Nearby

Demographics for 65803, MO

42,007
Population
19,659
Households
2.1
Avg Household Size
38
Median Age
22%
College-Educated
91%
High-School Grad
93.4 sq mi
ZIP Area
450
Density / Sq Mi
$46,539
Median Household Income
$33,537
Median Earnings
$890
Median Rent
$158,200
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?
Triplex - Residential income property featuring multiple dwellings, including a 435+/- sq ft guest house with kitchenette and separate heating and cooling.
Where is this triplex located?
The property is located at 4541 Lanier Lane Springfield, MO.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Nestled on approx 55+/- acres with gated entrance and secluded drive via paved Farm Road 94; Main residence estimated at 1,534+/- sqft with hardwood, tile, and vinyl flooring; rock fireplace in the family room; Kitchen includes electric range/cooktop, dual ovens, skylight, butcher block countertops, and marble inset
More about this property
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