Listing Agency: Murney Associates

Listed By: Cathy shepherd · License #MO 2004034815

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:32PM

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Investment Insights

Based on property information with market context.

This four-unit residential income property offers a quadplex configuration in Springfield, Missouri. The property is located near OTC, MSU, and the downtown area, providing proximity to established educational and urban destinations.

Key Highlights

• Four‑unit residential income property
• Located near OTC
• Near MSU and the downtown area

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Tanning Salon Catering Service Pet Store & Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Residential units

Location Intelligence

Trade Area within ½ mile

1,391

Businesses Nearby

Explore this area Business Placement

Demographics for 65802, MO

48,233

Population

20,199

Households

2.4

Avg Household Size

35

Median Age

26%

College-Educated

89%

High-School Grad

61.4 sq mi

ZIP Area

786

Density / Sq Mi

$51,080

Median Household Income

$34,298

Median Earnings

$900

Median Rent

$162,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this quadplexes located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Quadplex - Income-producing residential property near OTC, MSU, and downtown Springfield.

Where is this quadplex located?

The property is located at 825 N Grant Ave Springfield, MO.

What are key features of this property?

This property features: Four‑unit residential income property; Located near OTC; Near MSU and the downtown area