Springfield, MO Multifamily Properties for Sale

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Updated: Feb 18

11-Bedroom Apartment Building

1502 N Grant Avenue, Springfield, MO 65803

$325,000

3,553 sqft 0.22 AC lot

3,553 SF apartment property on 0.22 acres
11‑bedroom configuration identified for group housing
Zoned Multi Family; 7‑unit or 11‑bedroom options noted
Interior taken back to the studs for redevelopment
Remodeled exterior

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Here's a quick look at some key insights for

1502 N Grant Avenue, Springfield, MO 65803

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Est. Cap Rate

8.8%
Above avg (5.9%)
Est. NOI

$29K
Annual
Price @ 7% Cap

$410K
Above asking

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Updated: Aug 28

Duplex Property with Efficiency Suite

1035 E Linwood Terrace, Springfield, MO 65807

$350,000

2,476 sqft 0.41 AC lot

Two 2‑bedroom, 1‑bath units plus a 1‑bedroom, 1‑bath efficiency suite
2,476 square feet on 0.41 acres
Original wood floors, fireplaces, storage, and washer/dryer equipment
Newer windows and roof; vinyl siding and flat roof
Shared outdoor patio and covered gazebo

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Two-Unit Duplex with Driveway Parking

1432 N Prospect Avenue, Springfield, MO 65802

$199,900

1,600 sqft 0.23 AC lot

Both residences offer two bedrooms, one bathroom, and access to shared tenant parking.

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Brick Duplex with Pond

7053-7057 W Farm Road 106, Springfield, MO 65803

$335,000

2,180 sqft 4.09 AC lot

Two separate units include a three-bedroom layout and a second side with a flexible bonus room.

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Mixed-Use Building with Street Retail

300-308 West Commercial Street, Springfield, MO 65803

$2,800,000

17,230 sqft

Two-story mixed-use building with street-level commercial space and 11 loft-style residential units.

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Duplex with Vacant Remodeled Unit

3274 N State Highway Ab, Springfield, MO 65803

$275,000

2,167 sqft 4.80 AC lot

A-1 zoned duplex with one remodeled, vacant side and one long-term occupied unit for steady rental stability.

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Brick Duplex Patio Home

1348 E Arlington Street, Springfield, MO 65803

$234,999

1,443 sqft 0.15 AC lot

Remodeled all-brick ranch duplex with a bonus room and a roof replacement in March 2026.

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Updated Patio-Style Duplex

3150 S Sagamont Avenue, Springfield, MO 65807

$230,000

1,119 sqft 0.07 AC lot

Two-bedroom residence with refreshed interiors, private fenced outdoor space, and an attached two-car garage with ramp access.

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Three-Unit Triplex

1504 N Summit Ave, Springfield, MO 65803

$240,000

2,809 sqft

Multifamily property with three two-bedroom units near schools, parks, local amenities, and downtown attractions.

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Duplex with Acreage

3274 N State Highway AB, Springfield, MO 65803

$275,000

2,167 sqft 4.80 AC lot

Duplex with one vacant remodeled unit and one long-term tenant over 20 years.

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Occupied Two-Story Quadplex

531 S Fort Avenue, Springfield, MO 65806

$249,900

1,100 sqft 0.21 AC lot

Four residential units provide one-bedroom layouts with kitchens, living areas, and baths, plus rear parking for tenants.

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Mixed-Use Property in Downtown Springfield

420 S Campbell Ave, Springfield, MO 65806

$1,100,000

12,577 sqft

Mixed-use property with retail and apartments in Downtown Springfield.

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Stacked Duplex with Private Upper Entrance

824 W Elm Street, Springfield, MO 65806

$225,000

1,636 sqft 0.18 AC lot

Completely renovated stacked duplex on a 0.18-acre lot with a tenant-occupied 3-bed unit and private 1-bed upper unit.

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Historic Duplex with New Roof

429 S Broadway Avenue, Springfield, MO 65806

$140,000

1,470 sqft 0.43 AC lot

Residentially zoned duplex requiring completion of renovation, with updated exterior components and public sewer service.

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Downtown Mixed-Use Corner Property

420 S Campbell Ave, Springfield, MO 65806

Contact for pricing

12,577 sqft

Mixed-use building with two retail spaces, three apartments, and a storage basement.

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3-Unit Triplex

1504 N Summit Avenue, Springfield, MO 65803

$240,000

2,809 sqft 0.19 AC lot

Three two-bedroom units with practical interiors, on-street parking, and access to public sewer.

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3-Unit Multifamily Property

1026-1028 Commercial, Springfield, MO 65803

$200,000

1,498 sqft 0.17 AC lot

Three one-bedroom residences with individual bathrooms comprise this small multifamily asset.

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Street Retail Building with Suites

209 W McDaniel, Springfield, MO 65806

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30,056 sqft

Multi-suite street retail building includes residential lofts and commercial suites, plus an on-site ATM.

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10-Unit Apartment Building

311 S Hampton Avenue, Springfield, MO 65806

$1,299,900

9,162 sqft 0.59 AC lot

Built in 2015, the property offers two-bedroom, two-bath residences with attached garages and balconies.

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Mixed-Use Office and Lofts

222 E Water St, Springfield, MO 65806

$1,400,000

Two-level office space with executive offices and conference room, plus two upper-level loft apartments.

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Renovated Duplex

2203 N National Avenue, Springfield, MO 65803

$185,000

1,238 sqft 0.16 AC lot

Two-bedroom units feature refreshed interiors, private entrances, practical layouts, and updated major systems.

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Historic Mixed-Use Building with STR License

214 E Commercial St, Springfield, MO 65803

$975,000

Three-story historic building rebuilt in 2012, offering a commercial storefront and two separately metered residential lofts with an active STR license.

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Corner Duplex Investment Property

1009 S Kansas Ave, Springfield, MO 65807

$555,000

Two neighboring parcels offer fully occupied brick duplex units with updated interiors and appliances.

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Remodeled Duplex on Corner Lot

1753-1755 S Montebello Avenue, Springfield, MO 65807

$238,800

1,590 sqft 0.24 AC lot

Two separate units support owner occupancy, rental use, or a combination of both.

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Springfield, MO Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Springfield, MO, showcased through 69 active listings on our real estate platform. These investment opportunities span a total of 142,446 square feet of properties for sale, with an estimated market value of $31,345,799.

Sale prices for multifamily properties in Springfield, MO start at $120,000, averaging $639,710, and reaching up to $3,445,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 236K

Population Growth (5Y) +2.6%

Median Household Income $56,472

College Educated 21.4%

High-Yield Neighborhoods for Investment

Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
65802	$240.1K
65804	$309.5K
65810	$342.5K
65807	$355.4K
65803	$575.8K

Taxes & Financing

Tax Rate (average for all types) 6.38%

Property Tax per SF $98.81 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Greene County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Springfield fall within the 100,000+ square foot range.

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Springfield, MO Multifamily Properties for Sale

1502 N Grant Avenue, Springfield, MO 65803

1035 E Linwood Terrace, Springfield, MO 65807

1432 N Prospect Avenue, Springfield, MO 65802

7053-7057 W Farm Road 106, Springfield, MO 65803

300-308 West Commercial Street, Springfield, MO 65803

3274 N State Highway Ab, Springfield, MO 65803

1348 E Arlington Street, Springfield, MO 65803

3150 S Sagamont Avenue, Springfield, MO 65807