Brick Duplex with
7053-7057 W Farm Road 106, Springfield, MO 65803
For Sale
$300,000
Residential, Springfield, MO
Property Size2,180 SF
Lot Size4.09 Acres
Price / SF$137.61
Days on Market96
Property Features for 7053-7057 W Farm Road 106
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Window features
Exterior features
Fencing
Appliances
Lot features
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
Heating system
Cooling system
Amenities
pond
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
AMAX Real Estate
(417) 855-2333
Listed By:
Darlana Halterman · License MO #1999067823
(417) 880-0713
Added: Aug 9
Changed: Oct 28
Last Checked: Nov 12 at 7:06AM
MLS# 60331047
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 brick duplex contains two separate residential units within a 2,180-square-foot property. One unit has three bedrooms and one bathroom, while the other includes two bedrooms, one bathroom, and an additional room suitable for office or dining use. Central heating and air conditioning serve the property, with ceiling fans also provided. Interior features include vinyl flooring, and the kitchens include a dishwasher, electric oven, refrigerator, and microwave.
The property encompasses 4.09 acres in a rural setting and includes a pond, barbed-wire fencing, a septic tank, and a covered two-car carport. The 1967 construction also features a shingle roof, brick exterior, rain gutters, and driveway parking. Separate living spaces support a range of residential configurations, including occupancy by one household with additional space for another.
The property encompasses 4.09 acres in a rural setting and includes a pond, barbed-wire fencing, a septic tank, and a covered two-car carport. The 1967 construction also features a shingle roof, brick exterior, rain gutters, and driveway parking. Separate living spaces support a range of residential configurations, including occupancy by one household with additional space for another.
Key Highlights
- Duplex on 4.09 acres with a pond
- 2,180 square feet of property size
- One unit has 3 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,759
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,180
$395.2K
Cap Rate 7%
$282,271
$282.3K
Cap Rate 9%
$219,544
$219.5K
Market Conditions
NOI Build-Up for 2,180 SF
Gross rent
$30.1K $13.80/SF
− Vacancy
−$1.9K −$0.85/SF
EGI
$28.2K $12.95/SF
− OpEx
−$8.5K −$3.88/SF
NOI
$19.8K $9.06/SF
Area
Springfield, MO
Vacancy
6.17%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,180
Cap Rate 7%
$282,271
Cap Rate 9%
$219,544
Alternative Uses
Best Use
Multifamily LT 5
$282.3K
$247.0K – $329.3K
NOI $19,759 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$251.8K
$220.3K – $293.7K
NOI $17,623 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$329.0K
$287.9K – $383.9K
NOI $23,032 @ 7.0% cap · market cap 7.68%
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
10
Businesses Nearby
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Business Placement
Demographics for 65803, MO
42,007
Population
19,659
Households
2.1
Avg Household Size
38
Median Age
22%
College-Educated
91%
High-School Grad
93.4 sq mi
ZIP Area
450
Density / Sq Mi
$46,539
Median Household Income
$33,537
Median Earnings
$890
Median Rent
$158,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Springfield, MO
Properties on Market for Duplexes in Springfield
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate living units with rural surroundings, a pond, and covered vehicle parking.
Where is this duplex located?
The property is located at 7053-7057 W Farm Road 106 Springfield, MO.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Duplex on 4.09 acres with a pond; 2,180 square feet of property size; One unit has 3 bedrooms and 1 bathroom
