Duplex with Oversized
924-26 S Link Avenue, Springfield, MO 65802
For Sale
$266,000
Residential, Springfield, MO
Property Size2,415 SF
Lot Size0.21 Acres
Price / SF$110.14
Days on Market56
Property Features for 924-26 S Link Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Fireplace
Subdivision
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Amenities
wood stove
enclosed storage area
Building Details
Year built
Floors in Building
Additional Structures
Buildings
Listing Agency:
Elevation Realty LLC
Listed By:
Lacey Hanes
(417) 818-1310
Added: Sep 18
Changed: Oct 31
Last Checked: Nov 12 at 7:06AM
MLS# 60334294
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.
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Investment Insights
Based on property information with market context.
Located at 924-26 S Link Avenue in Springfield, this duplex contains 2,415 square feet of living space across two residential units. Each side includes 2 bedrooms and 1 full bathroom, while the larger unit adds a private half bath. Interior finishes retain original character, and the property has been maintained inside and out. One living room includes a freestanding Fisher wood stove.
Exterior features include an oversized carport and an enclosed storage area that can serve as additional storage or shop space. The property sits on 0.21 acres and was built in 1961. Central heating, central air conditioning, and public sewer service are in place.
Exterior features include an oversized carport and an enclosed storage area that can serve as additional storage or shop space. The property sits on 0.21 acres and was built in 1961. Central heating, central air conditioning, and public sewer service are in place.
Key Highlights
- 2,415 square feet of living space across a duplex
- Each unit has 2 bedrooms and 1 full bathroom
- Larger unit includes an additional private half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,890
Cap Rate
8.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,800
$437.8K
Cap Rate 7%
$312,714
$312.7K
Cap Rate 9%
$243,222
$243.2K
Market Conditions
NOI Build-Up for 2,415 SF
Gross rent
$33.3K $13.80/SF
− Vacancy
−$2.1K −$0.85/SF
EGI
$31.3K $12.95/SF
− OpEx
−$9.4K −$3.88/SF
NOI
$21.9K $9.06/SF
Area
Springfield, 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 Rate 5%
$437,800
Cap Rate 7%
$312,714
Cap Rate 9%
$243,222
Alternative Uses
Best Use
Multifamily LT 5
$312.7K
$273.6K – $364.8K
NOI $21,890 @ 7.0% cap · market cap 8.23%
Second Best
Apartment 5plus
$278.9K
$244.0K – $325.4K
NOI $19,523 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$364.5K
$318.9K – $425.3K
NOI $25,515 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
458
Businesses Nearby
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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
$162,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Springfield, MO
Properties on Market for Duplexes in Springfield
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences provide separate living areas, central climate control, and flexible enclosed storage for household or property needs.
Where is this duplex located?
The property is located at 924-26 S Link Avenue Springfield, MO.
What is the asking price?
The asking price for this property is $266,000.
What are key features of this property?
This property features: 2,415 square feet of living space across a duplex; Each unit has 2 bedrooms and 1 full bathroom; Larger unit includes an additional private half bath
