Duplex With Two
New
For Sale
$216,000
614 S Oakland Street, Webb City, MO 64870
MultiFamily, Webb City, MO
Property Size1,860 SF
Lot Size0.34 Acres
Price / SF$116.13
Days on Market6
Property Features for 614 S Oakland Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 5
Window features
Blinds
Fencing
Chain Link, Partial
Basement
Crawl Space
Elementary school
Eugene Field
Middle school
Webb City
Elementary school district
Webb City
Middle school district
Webb City
High school district
Webb City
Directions
Highway 171 & Madison, West on Highway 171 to Oakland, Left on Oakland to property on the Right.
Subdivision
08 - Webb City Area
Standard status
Active
Size
1,860 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Annual Amount
879
Utilities
Heating system
Natural Gas, Central, Forced Air
Cooling system
Ceiling Fan(s), Central Air
Amenities
storm shelter
chain-link fencing
Building Details
Year built
1925
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Carpet
Roof type
Composition
Listing Agency:
PRO 100 Inc., REALTORS
(417) 782-0800
Listed By:
Angela Brown Vogel · License #2000175471
(417) 850-4982
Added: Sep 17
Changed: Sep 18
Last Checked: Sep 22 at 4:06AM
MLS# 265361
Copyright © 2026 Ozark Gateway Association of Realtors. 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 property comprises two separate residences on a 0.34-acre parcel. The larger home includes 3 bedrooms, 2 bathrooms, all appliances, fresh interior paint, and new carpet. The second residence provides 2 bedrooms, 1 bathroom, and an open floor plan. Combined property size is 1,860 square feet.
A storm shelter is positioned between the homes, while the rear residence has chain-link fencing. Additional features include vinyl and carpet flooring, natural-gas central forced-air heat, central air, ceiling fans, and a composition roof. One residence is currently rented, and the property dates to 1925.
A storm shelter is positioned between the homes, while the rear residence has chain-link fencing. Additional features include vinyl and carpet flooring, natural-gas central forced-air heat, central air, ceiling fans, and a composition roof. One residence is currently rented, and the property dates to 1925.
Key Highlights
- Two separate residences on 0.34 acres
- 1,860 square feet of combined property size
- Larger home offers 3 bedrooms, 2 bathrooms, appliances, fresh paint, and new carpet
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,880
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.35%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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 7.35%
Second Best
Apartment 5plus
$209.7K
$183.5K – $244.7K
NOI $14,682 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$561.2K
$491.0K – $654.7K
NOI $39,283 @ 7.0% cap · market cap 18.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate homes share a 0.34-acre parcel, with one residence currently rented and the other recently refreshed.
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 $216,000.
What are key features of this property?
This property features: Two separate residences on 0.34 acres; 1,860 square feet of combined property size; Larger home offers 3 bedrooms, 2 bathrooms, appliances, fresh paint, and new carpet
