Updated 3-Bedroom
New
For Sale
$299,000
812 E Lindon Street, Bolivar, MO 65613
Residential Income, Bolivar, MO
Property Size2,064 SF
Lot Size0.32 Acres
Price / SF$144.86
Days on Market2
Property Features for 812 E Lindon Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-1
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 4
Interior features
Utility Room, Washer/Dryer Hookup
Appliances
Range, Disposal, Dishwasher, Refrigerator
Subdivision
Fairground
Elementary school
Bolivar
Middle school
Bolivar
High school
Bolivar
Directions
From the Bolivar Sqaure, travel east on Broadway (Hwy 32) to Albany. North on Albany at Butler Fnneral Home. At the 4-way stop on Summit, turn right (East) to Chicago. North on Chicago to Lindon. RIght on Lindon to the property on the right. Sign in yard
Standard status
Active
APN
89-11-0.1-01-002-006-003.00
Size
2,064 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
BOLIVAR - FAIRGROUND ADD. - LOT 2 BLOCK 2
Tax Annual Amount
799
Legal Description
BOLIVAR - FAIRGROUND ADD. - LOT 2 BLOCK 2
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump, Ceiling Fan(s), Central Air
Amenities
fenced backyard
washer/dryer hookups
Building Details
Year built
1965
Number of units
2
Building materials
Vinyl Siding
Roof type
Composition
Listing Agency:
Hubbert Realty
(417) 326-2227
Listed By:
Paula J Hubbert
(417) 399-5360
Added: Sep 15
Last Checked: Sep 16 at 1:06AM
MLS# 60333958
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.
Investment Insights
Based on property information with market context.
This duplex contains 2,064 square feet across two residential units, with each side offering 3 bedrooms and 2 bathrooms. Both units include large kitchens, washer/dryer hookups, updated HVAC, vinyl plank flooring, white-painted interiors, and solid-wood kitchen cabinets. Range, disposal, dishwasher, and refrigerator appliances are included. The property also features vinyl siding, a composition roof, central air, ceiling fans, and heat pump systems.
Set on 0.32 acres in Bolivar, the property is served by public sewer and carries R-1 zoning. Each unit has access to a fenced backyard, while utility-room space and established residential construction support practical day-to-day use. Built in 1965, the duplex is configured for separate residential occupancy and may suit an owner-occupant or multifamily buyer seeking two updated units in one property.
Set on 0.32 acres in Bolivar, the property is served by public sewer and carries R-1 zoning. Each unit has access to a fenced backyard, while utility-room space and established residential construction support practical day-to-day use. Built in 1965, the duplex is configured for separate residential occupancy and may suit an owner-occupant or multifamily buyer seeking two updated units in one property.
Key Highlights
- Two‑unit duplex with 2,064 square feet
- Each unit includes 3 bedrooms and 2 bathrooms
- Updated HVAC, vinyl plank flooring, and solid‑wood kitchen cabinetry
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
$18,708
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
6.26%
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%
$374,160
$374.2K
Cap Rate 7%
$267,257
$267.3K
Cap Rate 9%
$207,867
$207.9K
Market Conditions
NOI Build-Up for 2,064 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
$28.5K $13.80/SF
− Vacancy
−$1.8K −$0.85/SF
EGI
$26.7K $12.95/SF
− OpEx
−$8.0K −$3.88/SF
NOI
$18.7K $9.06/SF
Area
Polk County, 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 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%
$374,160
Cap Rate 7%
$267,257
Cap Rate 9%
$207,867
Alternative Uses
Best Use
Multifamily LT 5
$267.3K
$233.9K – $311.8K
NOI $18,708 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$238.4K
$208.6K – $278.1K
NOI $16,685 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$311.5K
$272.6K – $363.5K
NOI $21,807 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
Explore this area
Business Placement
Demographics for 65613, MO
17,890
Population
7,327
Households
2.4
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
184.9 sq mi
ZIP Area
97
Density / Sq Mi
$56,919
Median Household Income
$31,765
Median Earnings
$828
Median Rent
$197,200
Median Home Value
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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 - Updated duplex with two residential units and shared access to a fenced backyard.
Where is this duplex located?
The property is located at 812 E Lindon Street Bolivar, MO.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,064 square feet; Each unit includes 3 bedrooms and 2 bathrooms; Updated HVAC, vinyl plank flooring, and solid‑wood kitchen cabinetry
