Duplex with Two
For Sale
$199,200
614 S Oakland Street, Webb City, MO 64870
Residential Income, Webb City, MO
Property Size1,860 SF
Lot Size0.34 Acres
Price / SF$107.10
Days on Market51
Property Features for 614 S Oakland Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-1
Bedrooms
5
Rooms
Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 1
Appliances
Range, Dishwasher, Dryer, Washer, Refrigerator
View
City
Elementary school
Eugene Field
Middle school
Webb City
High school
Webb City
Directions
Highway 171 & Madison, West on Highway 171 to Oakland, Left on Oakland to property on the Right.
Standard status
Active
APN
16-6.0-24-10-8-12.0 Re Tax Provided By: Assessor R
Size
1,860 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
W C Misc E1/2 N 75' Lot 31
Tax Annual Amount
879
Legal Description
W C Misc E1/2 N 75' Lot 31
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air
Amenities
storm shelter
Building Details
Year built
1925
Number of units
2
Building materials
Frame
Roof type
Composition
Listing Agency:
PRO 100 Inc., REALTORS
(417) 782-0800
Listed By:
Angela Kay Brown Vogel · License #2000175471
(417) 850-4982
Added: Sep 17
Changed: Oct 31
Last Checked: Nov 6 at 6:06AM
MLS# 60334234
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.
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Investment Insights
Based on property information with market context.
This duplex property includes two separate residences on a 0.34-acre lot in Webb City. The larger home provides 3 bedrooms and 2 baths, along with range, dishwasher, dryer, washer, and refrigerator appliances, fresh interior paint, and new carpet. The second residence offers 2 bedrooms, 1 bath, and an open floor plan. Combined property size is 1,860 square feet.
A storm shelter sits between the homes, while chain-link fencing encloses the back residence. The property has R-1 zoning, frame construction, central heating, central air, ceiling fans, public sewer, and a composition roof. One home is currently rented, and the 1925-built property is located at 614 S Oakland Street in Webb City, Missouri.
A storm shelter sits between the homes, while chain-link fencing encloses the back residence. The property has R-1 zoning, frame construction, central heating, central air, ceiling fans, public sewer, and a composition roof. One home is currently rented, and the 1925-built property is located at 614 S Oakland Street in Webb City, Missouri.
Key Highlights
- Two residences on a 0.34‑acre lot
- 1,860 square feet combined property size
- Larger home offers 3 bedrooms and 2 baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,880
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,600
$317.6K
Cap Rate 7%
$226,857
$226.9K
Cap Rate 9%
$176,444
$176.4K
Market Conditions
NOI Build-Up for 1,860 SF
Gross rent
$24.6K $13.20/SF
− Vacancy
−$1.9K −$1.00/SF
EGI
$22.7K $12.20/SF
− OpEx
−$6.8K −$3.66/SF
NOI
$15.9K $8.54/SF
Area
Jasper County, MO
Vacancy
7.60%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,600
Cap Rate 7%
$226,857
Cap Rate 9%
$176,444
Alternative Uses
Best Use
Multifamily LT 5
$226.9K
$198.5K – $264.7K
NOI $15,880 @ 7.0% cap · market cap 7.97%
Second Best
Apartment 5plus
$209.7K
$183.5K – $244.7K
NOI $14,682 @ 7.0% cap · market cap 7.37%
Theoretical Best
Office A
$561.2K
$491.0K – $654.7K
NOI $39,283 @ 7.0% cap · market cap 19.72%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
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Business Placement
Demographics for 64870, MO
16,566
Population
6,796
Households
2.4
Avg Household Size
35
Median Age
30%
College-Educated
92%
High-School Grad
33.6 sq mi
ZIP Area
493
Density / Sq Mi
$64,619
Median Household Income
$39,267
Median Earnings
$942
Median Rent
$166,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate homes share a 0.34-acre lot, with one residence currently rented and the other prepared for occupancy.
Where is this duplex located?
The property is located at 614 S Oakland Street Webb City, MO.
What is the asking price?
The asking price for this property is $199,200.
What are key features of this property?
This property features: Two residences on a 0.34‑acre lot; 1,860 square feet combined property size; Larger home offers 3 bedrooms and 2 baths
