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2-Unit Duplex with Garages
New
For Sale
$199,500

507 1/2 W Hill Street, Neosho, MO 64850

Residential Income, Neosho, MO

Property SizeContact for details
Lot Size0.14 Acres
Days on Market2

Property Features for 507 1/2 W Hill Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Appliances Range, Dishwasher, Refrigerator, Microwave
Elementary school South
Middle school Neosho
High school Neosho
Directions From the Neosho Boulevard, turn east on Hill Street and continue to 507 W. Hill Street. Turn right into alley, property is directly behind house located at 507 W. Hill Street.
Standard status Active
APN 16-7.0-25-001-008.002.000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 659

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air

Building Details

Year built 1950
Number of units 2
Listing Agency: ReeceNichols - Neosho
Listed By: West-Cobb Alliance · License #1999108232
Added: Sep 25 Changed: Sep 26 Last Checked: Sep 26 at 9:06PM
MLS# 60334851

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 duplex contains two residences, each with its own single-car garage and washer/dryer hookups. The main-level unit has three bedrooms and one bathroom; the lower-level unit has two bedrooms and one bathroom. Both units include a range, dishwasher, refrigerator, and microwave, along with central heating and central air conditioning.

The property occupies 0.14 acres and was built in 1950. It is zoned residential, has public sewer, and natural gas is available. The property is near a high school, shopping, dining, and everyday amenities.

Key Highlights

  • Two residences: a three‑bedroom, one‑bath main‑level unit and a two‑bedroom, one‑bath lower‑level unit
  • Each unit has a private single‑car garage and washer/dryer hookups
  • Range, dishwasher, refrigerator, and microwave included in both units

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Dental Office Plumbing Service Gym & Fitness Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

668
Businesses Nearby

Demographics for 64850, MO

24,586
Population
10,004
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
203.3 sq mi
ZIP Area
121
Density / Sq Mi
$60,945
Median Household Income
$35,610
Median Earnings
$762
Median Rent
$161,700
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?
Duplex - Each residence has washer/dryer hookups, included appliances, and central heating and cooling.
Where is this duplex located?
The property is located at 507 1/2 W Hill Street Neosho, MO.
What is the asking price?
The asking price for this property is $199,500.
What are key features of this property?
This property features: Two residences: a three‑bedroom, one‑bath main‑level unit and a two‑bedroom, one‑bath lower‑level unit; Each unit has a private single‑car garage and washer/dryer hookups; Range, dishwasher, refrigerator, and microwave included in both units
More about this property
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