24-Unit Multifamily
New
For Sale
$2,650,000
818 Wix Lane, Butler, MO 64730
Residential Income, Butler, MO
Property SizeContact for details
Lot Size0.34 Acres
Days on Market2
Property Features for 818 Wix Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RES
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking
48
Parking features
Off Street
Patio and Porch features
Deck
Exterior features
Private Entrance
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Electric Range
Subdivision
Butler
Elementary school
Butler
Middle school
Butler
High school
Butler
Elementary school district
Butler
Middle school district
Butler
High school district
Butler
Directions
South on Wix Lane.
Standard status
Active
APN
1308027020001010010
Lot size
0.34 Acres
Taxes and HOA fees
Tax Description
See Legal Description Addendum
Tax Annual Amount
9750
Legal Description
See Legal Description Addendum
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Electric
Water source
Public
Building Details
Year built
1973
Floors in Building
1
Number of units
24
Building materials
Frame
Roof type
Composition
Listing Agency:
Platinum Realty LLC
(888) 220-0988
Listed By:
Justin Beebe · License #2014025113
(816) 716-8364
Added: Aug 31
Last Checked: Sep 1 at 6:06AM
MLS# 2639326
Copyright © 2026 Heartland Multiple Listing Service. 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 24-unit multifamily portfolio in Butler includes 10 duplex buildings, one triplex, and one single-family residence. Twenty units are situated on Wix Lane, while four are on nearby High Street, keeping the properties concentrated for operational convenience. The portfolio is zoned RES and dates to 1973, with frame construction, composition roofs, natural-gas heating, electric cooling, public water and sewer, private entrances, decks, and off-street parking.
Recent capital work includes new siding and gutters across the buildings, extensive interior improvements, approximately 13 new HVAC systems, replacement water heaters in most units, and complete stud-level renovations at several properties. Four units have not yet received the same renovation scope. The properties are near Butler Municipal Park, Butler Aquatic Center, Bates County Memorial Hospital, and other local medical services. The portfolio reflects an 8 percent cap rate.
Recent capital work includes new siding and gutters across the buildings, extensive interior improvements, approximately 13 new HVAC systems, replacement water heaters in most units, and complete stud-level renovations at several properties. Four units have not yet received the same renovation scope. The properties are near Butler Municipal Park, Butler Aquatic Center, Bates County Memorial Hospital, and other local medical services. The portfolio reflects an 8 percent cap rate.
Key Highlights
- 24‑unit portfolio with 10 duplexes, one triplex, and one single‑family residence
- Twenty units on Wix Lane and four units on nearby High Street
- New siding and gutters installed on all buildings
Property Analytics
Property Profile
Current Use
Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
117
Businesses Nearby
Explore this area
Business Placement
Demographics for 64730, MO
6,803
Population
2,986
Households
2.3
Avg Household Size
42
Median Age
17%
College-Educated
91%
High-School Grad
282.3 sq mi
ZIP Area
24
Density / Sq Mi
$46,121
Median Household Income
$35,605
Median Earnings
$772
Median Rent
$170,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Renovated rental portfolio with public utilities, off-street parking, and a mix of duplex, triplex, and single-family buildings.
Where is this multifamily property located?
The property is located at 818 Wix Lane Butler, MO.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 24‑unit portfolio with 10 duplexes, one triplex, and one single‑family residence; Twenty units on Wix Lane and four units on nearby High Street; New siding and gutters installed on all buildings
