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Remodeled Multifamily Property
For Sale
$799,900

515 Nebraska Avenue, West Plains, MO 65775

COMMERCIAL - West Plains, MO

Property SizeContact for details
Lot Size0.50 Acres
Days on Market539

Property Features for 515 Nebraska Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Multi-family
Bathrooms 9
Full bathrooms 9
Rooms Bathroom 6, Bathroom 3, Bathroom 2, Bathroom 7, Bathroom 8, Bathroom 9, Bathroom 4, Bathroom 1, Bathroom 5
Subdivision Howell-Not in List
Lot features Level
View City
Directions South on Business 63 - Left on 2nd to Corner of 2nd and Nebraska
Standard status Active
APN 15402000040100201000
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2022

Utilities

Utilities Water Available
Heating system Electric (Heating)
Cooling system Electric, Central Air

Amenities

private deck
outdoor green space

Building Details

Year built 1972
Number of units 8
Roof type Composition
Listing Agency: United Country Missouri Ozarks Realty Inc.
Listed By: Kimberly Grennan · License #2006013557
Added: Mar 11, 2025 Changed: Aug 18 Last Checked: Aug 31 at 9:06PM
MLS# 60288890

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 consists of renovated apartment units created through the conversion of a former church. Interiors feature open-concept layouts, luxury vinyl flooring, quartz countertops, private decks, and included appliances. The property is designated for multi-family use and includes a parking lot along with outdoor green space.

Building systems include electric heating and cooling, central air, and a composition roof. Water is available to the property. The unit layouts include both one-bedroom and two-bedroom configurations, providing a range of apartment formats within the renovated building.

Key Highlights

  • Renovated multifamily property converted from a former church
  • One- and two‑bedroom apartment layouts
  • Open‑concept interiors with luxury vinyl flooring and quartz countertops

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Locksmith Computer & Electronic Repair Catering Service Grocery & Convenience 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

7
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

749
Businesses Nearby

Demographics for 65775, MO

24,519
Population
11,310
Households
2.2
Avg Household Size
41
Median Age
19%
College-Educated
87%
High-School Grad
442.2 sq mi
ZIP Area
55
Density / Sq Mi
$48,854
Median Household Income
$33,830
Median Earnings
$776
Median Rent
$177,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Converted apartment property with modern finishes, private decks, on-site parking, and green space.
Where is this apartment building located?
The property is located at 515 Nebraska Avenue West Plains, MO.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Renovated multifamily property converted from a former church; One- and two‑bedroom apartment layouts; Open‑concept interiors with luxury vinyl flooring and quartz countertops
More about this property
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