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    824 W Elm Street, Springfield, MO 65806

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    For Sale
    $225,000

    DUPLEX - Springfield, MO

    Property size:
    1,636 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $137/SF
    Added:
    Jun 24, 2026
    Days on Market:
    13
    Last Refresh:
    Jul 6 at 5:06 am

    Property Features for 824 W Elm Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bathroom 2
    Standard status
    Active
    APN
    1323140001
    Size
    1,636 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Mc Cluers M M Add E1/2 Lot 65 Blk 18
    Tax Annual Amount
    731

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air, Window Unit(s)

    Building Details

    Year built
    1912
    Floors in Building
    2

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    King Block

    Listing agent King Block

    Listing office Block Realty 168 Timberland Ct, Ozark, MO

    Listing date Jun 24, 2026

    MLS# 60327439 Listing URL

    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.

    HighLights

    • Completely renovated stacked duplex with extensive rebuild and upgrades throughout
    • Main‑level unit: 3‑bedroom, 2‑bath layout with covered front porch and spacious back deck
    • Upper‑level unit: private 1‑bedroom, 1‑bath apartment with its own exterior entrance and full kitchen
    • Renovations include updated electrical service, plumbing, remodeled kitchens and bathrooms, new flooring, and vinyl windows
    • Additional improvements include updated appliances, rebuilt rear deck, and exterior improvements; supporting renovation documentation available in MLS
    • Central heating and central air plus window unit(s); public sewer service; main‑level unit currently tenant occupied—24 hours notice

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $22.6k $13.80
    − Vacancy −$1.4k −$0.85
    EGI $21.2k $12.95
    − OpEx −$6.4k −$3.88
    NOI $14.8k $9.06
    1,636 SF · lease $13.80/SF/yr · vacancy 6.17% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $211.8K
    $185.4K – $247.2K (±1% cap)
    NOI $14,829 @ 7.0% cap · market cap 6.59%
    Second Best
    Apartment 5plus
    $188.9K
    $165.3K – $220.4K (±1% cap)
    NOI $13,225 @ 7.0% cap · market cap 5.88%
    Theoretical Best
    Office A
    $246.9K
    $216.1K – $288.1K (±1% cap)
    NOI $17,285 @ 7.0% cap · market cap 7.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Nursing Home Wine and Liquor Store Pet Grooming Service Catering Service Nursing Home Grocery & Convenience Store Pet Store & Service Locksmith Travel Agency Cosmetic Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Greene
    State
    Missouri
    Longitude
    -93.301295
    Latitude
    37.204922

    FAQs

    Where is this duplex located?
    The property is located at 824 W Elm Street Springfield, MO.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: Completely renovated stacked duplex with extensive rebuild and upgrades throughout; Main‑level unit: 3‑bedroom, 2‑bath layout with covered front porch and spacious back deck; Upper‑level unit: private 1‑bedroom, 1‑bath apartment with its own exterior entrance and full kitchen
    More about this property
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