Residential
631-633 N Walnut Avenue, Republic, MO 65738
For Sale
New
$190,000
Residential Income, Republic, MO
Property Size976 SF
Lot Size0.22 Acres
Price / SF$194.67
Days on Market2
Property Features for 631-633 N Walnut Avenue
General Information
Property type
Property subtype
Zoning
Subdivision
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Cooling system
Building Details
Year built
Number of units
Listing Agency:
Blake Cantrell Real Estate LLC
Listed By:
Blake Cantrell · License MO #2014038329
(417) 840-1661
Added: Nov 11
Changed: Nov 12
Last Checked: Nov 12 at 7:06AM
MLS# 60338250
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 contains 976 square feet on a 0.22-acre parcel. The building dates to 1891 and has ceiling fans for cooling.
The property is at 631-633 N Walnut Avenue in Republic, Greene County, Missouri, with public sewer service and INC zoning.
The property is at 631-633 N Walnut Avenue in Republic, Greene County, Missouri, with public sewer service and INC zoning.
Key Highlights
- 976‑square‑foot duplex on a 0.22‑acre parcel
- Built in 1891
- INC zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,178
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$163,560
$163.6K
Cap Rate 7%
$116,829
$116.8K
Cap Rate 9%
$90,867
$90.9K
Market Conditions
NOI Build-Up for 976 SF
Gross rent
$12.3K $12.60/SF
− Vacancy
−$615 −$0.63/SF
EGI
$11.7K $11.97/SF
− OpEx
−$3.5K −$3.59/SF
NOI
$8.2K $8.38/SF
Area
Greene County, MO
Vacancy
5.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$163,560
Cap Rate 7%
$116,829
Cap Rate 9%
$90,867
Alternative Uses
Best Use
Multifamily LT 5
$116.8K
$102.2K – $136.3K
NOI $8,178 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$108.7K
$95.1K – $126.8K
NOI $7,606 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$320.2K
$280.2K – $373.6K
NOI $22,417 @ 7.0% cap · market cap 11.80%
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
233
Businesses Nearby
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Business Placement
Demographics for 65738, MO
20,995
Population
8,878
Households
2.4
Avg Household Size
35
Median Age
28%
College-Educated
95%
High-School Grad
53.9 sq mi
ZIP Area
390
Density / Sq Mi
$67,848
Median Household Income
$45,220
Median Earnings
$1,069
Median Rent
$195,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Greene County, MO
Properties on Market for Duplexes in Greene County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Ceiling fans provide cooling, and the property connects to public sewer.
Where is this duplex located?
The property is located at 631-633 N Walnut Avenue Republic, MO.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: 976‑square‑foot duplex on a 0.22‑acre parcel; Built in 1891; INC zoning
