Remodeled Furnished
For Sale
$224,499
801 S Jackson Ave, Joplin, MO 64801
Leased two-unit property with furnished interiors and updated finishes.
Property Size1,328 SF
Price / SF$169.05
Days on Market53
Property Features for 801 S Jackson Ave
General Information
Standard status
Active
Size
1,328 SF
Property subtype
Multi-Family
Additional Details
Furnished
Yes
Multifamily Units
2
Building Details
Year Built
1905
Listing Agency:
Keller Williams Market Pro Realty - Ok
(479) 220-9892
Listed By:
Your NWA Home Group
(479) 366-3026
Source:
Yournwahome
Added: Sep 4
Changed: Oct 25
Last Checked: Oct 24 at 5:05PM
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 Keller Williams Market Pro Realty - Ok
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Investment Insights
Based on property information with market context.
This duplex at 801 S Jackson Ave in Joplin, Missouri, offers 1,328 square feet across a two-unit residential configuration. The property has been remodeled and updated, and it is being offered with furnishings in place.
Built in 1905, the property is currently leased. Its Joplin location provides access to schools, employment, and entertainment destinations, as described for the offering.
Built in 1905, the property is currently leased. Its Joplin location provides access to schools, employment, and entertainment destinations, as described for the offering.
Key Highlights
- 1,328‑square‑foot duplex
- Remodeled and updated interiors
- Furnished property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,338
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,760
$226.8K
Cap Rate 7%
$161,971
$162.0K
Cap Rate 9%
$125,978
$126.0K
Market Conditions
NOI Build-Up for 1,328 SF
Gross rent
$17.5K $13.20/SF
− Vacancy
−$1.3K −$1.00/SF
EGI
$16.2K $12.20/SF
− OpEx
−$4.9K −$3.66/SF
NOI
$11.3K $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%
$226,760
Cap Rate 7%
$161,971
Cap Rate 9%
$125,978
Alternative Uses
Best Use
Multifamily LT 5
$162.0K
$141.7K – $189.0K
NOI $11,338 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$149.8K
$131.0K – $174.7K
NOI $10,483 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$400.7K
$350.6K – $467.5K
NOI $28,047 @ 7.0% cap · market cap 12.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,395
Businesses Nearby
Explore this area
Business Placement
Demographics for 64801, MO
35,234
Population
17,460
Households
2
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
57.5 sq mi
ZIP Area
613
Density / Sq Mi
$51,360
Median Household Income
$31,103
Median Earnings
$884
Median Rent
$176,100
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
Frequently Asked Questions
What type of property is this?
Duplex - Leased two-unit property with furnished interiors and updated finishes.
Where is this duplex located?
The property is located at 801 S Jackson Ave Joplin, MO.
What is the asking price?
The asking price for this property is $224,499.
What are key features of this property?
This property features: 1,328‑square‑foot duplex; Remodeled and updated interiors; Furnished property
