New Student Housing
For Sale
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540 S Kickapoo Ave, Springfield, MO 65802
Fourteen two-story cottage-style houses built in 2021, each with four bedrooms and private bathroom options.
Property SizeContact for details
Days on Market132
Property Features for 540 S Kickapoo Ave
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
GREA
Listed By:
Ken Wellar · License #PA 10401252368
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 1:43PM
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 GREA
Investment Insights
Based on property information with market context.
Cherry Street Cottages is a newly constructed off-campus student housing community built in 2021, featuring 14 cottage-style houses. Each cottage is two stories and configured with four bedrooms and four and a half bathrooms, providing a total of 56 bedrooms across the community. Interiors include stainless steel appliances, vinyl plank flooring, raised panel cabinetry, granite countertops, recessed lighting, and 9-foot ceilings.
The cottages include bedroom areas with private bathrooms, ceiling fans, and walk-in closets. Common living spaces include a flat-screen TV, and each unit is equipped with a washer and dryer. An outdoor area is fenced, with ample space that could support additional amenities.
The property is offered fee simple, free and clear. As of 07/25/2022, it was reported to be 85% pre-leased for the Fall 2022 semester. The community is located approximately 0.2 miles from Missouri State University’s campus.
The cottages include bedroom areas with private bathrooms, ceiling fans, and walk-in closets. Common living spaces include a flat-screen TV, and each unit is equipped with a washer and dryer. An outdoor area is fenced, with ample space that could support additional amenities.
The property is offered fee simple, free and clear. As of 07/25/2022, it was reported to be 85% pre-leased for the Fall 2022 semester. The community is located approximately 0.2 miles from Missouri State University’s campus.
Key Highlights
- Newly constructed off‑campus student housing: 14 cottage‑style houses built in 2021
- All cottages are 4‑bedroom, 4.5‑bath layouts totaling 56 bedrooms
- Each cottage offers approx. 1,600 SF of living space with two stories and 9 ft. ceilings
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,017
Businesses Nearby
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Business Placement
Demographics for 65802, MO
48,233
Population
20,199
Households
2.4
Avg Household Size
35
Median Age
26%
College-Educated
89%
High-School Grad
61.4 sq mi
ZIP Area
786
Density / Sq Mi
$51,080
Median Household Income
$34,298
Median Earnings
$900
Median Rent
$162,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fourteen two-story cottage-style houses built in 2021, each with four bedrooms and private bathroom options.
Where is this apartment building located?
The property is located at 540 S Kickapoo Ave Springfield, MO.
What are key features of this property?
This property features: Newly constructed off‑campus student housing: 14 cottage‑style houses built in 2021; All cottages are 4‑bedroom, 4.5‑bath layouts totaling 56 bedrooms; Each cottage offers approx. 1,600 SF of living space with two stories and 9 ft. ceilings
