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Three-Unit Multifamily Property
For Sale
$265,900

505 9th Street, Monett, MO 65708

Residential Income, Monett, MO

Property Size2,848 SF
Lot Size0.38 Acres
Price / SF$93.36
Days on Market551

Property Features for 505 9th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Multifamily
Bedrooms 5
Rooms Bedroom 1, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 5
Interior features Apply To All Units, Washer/Dryer Hookup
Appliances Range, Dishwasher
Elementary school Monett
Middle school Monett
High school Monett
Directions From Cleveland and 9th Street, south on 9th Street to property on the east side.
Standard status Active
APN 03-9.0-32-002-018-0003.000
Size 2,848 SF
Lot size 0.38 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description CAMPBELLS TO MONETT: 30 FT. N. PT. 3 & 15 FT. S. PT. 5 & ALL 4, BLK. 1 : SEC:32 TWN:26 RNG:27 (PROPERTY @ 505 E. 9TH ST.)
Tax Annual Amount 518
Legal Description CAMPBELLS TO MONETT: 30 FT. N. PT. 3 & 15 FT. S. PT. 5 & ALL 4, BLK. 1 : SEC:32 TWN:26 RNG:27 (PROPERTY @ 505 E. 9TH ST.)

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s), Ceiling Fan(s)

Building Details

Year built 1940
Number of units 3
Roof type Composition
Listing Agency: Century 21 Properties Unlimited
Listed By: Jennifer Prine · License #2010043050
Added: Mar 21, 2025 Changed: Sep 22 Last Checked: Sep 22 at 10:06PM
MLS# 60289796

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 multifamily property contains three apartments within 2,848 square feet: two two-bedroom units and one one-bedroom unit. Interior features include washer and dryer hookups, while each unit is equipped with a range and dishwasher. Cooling is provided by window units and ceiling fans.

Built in 1940, the property occupies 0.38 acres at 505 9th Street in Monett, Missouri. The site has Multifamily zoning, public sewer service, and a composition roof. The configuration provides distinct residential units within a single income-property asset.

Key Highlights

  • Three‑unit configuration with two 2‑bedroom apartments and one 1‑bedroom apartment
  • 2,848 square feet on a 0.38‑acre lot
  • Multifamily zoning in Monett, MO

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Pharmacy Law Firm HVAC Service Big Box & Wholesale Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

535
Businesses Nearby

Demographics for 65708, MO

12,973
Population
5,222
Households
2.5
Avg Household Size
36
Median Age
14%
College-Educated
84%
High-School Grad
86.2 sq mi
ZIP Area
150
Density / Sq Mi
$53,267
Median Household Income
$36,343
Median Earnings
$853
Median Rent
$170,600
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?
Triplex - The property includes two two-bedroom apartments and one one-bedroom apartment.
Where is this triplex located?
The property is located at 505 9th Street Monett, MO.
What is the asking price?
The asking price for this property is $265,900.
What are key features of this property?
This property features: Three‑unit configuration with two 2‑bedroom apartments and one 1‑bedroom apartment; 2,848 square feet on a 0.38‑acre lot; Multifamily zoning in Monett, MO
More about this property
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