Property summary
This exceptional multifamily investment opportunity presents a well-maintained eight-unit apartment building located at 2112 N Jefferson Ave, Springfield, Missouri, 65803. The property, situated on a 0.78-acre lot, comprises four one-story duplexes, each featuring two bedrooms and one bathroom. Built in 1987 and extensively renovated in 2015, the property boasts a total of 5,880 square feet, offering a compelling price per square foot of $118.88. Each unit is individually metered for gas, electric, and water, with tenants responsible for all utilities, including trash removal. Modern updates include luxury vinyl tile (LVT) flooring in living areas and carpeting in bedrooms. All units are equipped with central heating and air conditioning, along with standard appliances such as refrigerators, stoves/ovens, and dishwashers. The asking price is $699,000, translating to an attractive price per unit of $87,375. This property represents a strong value proposition in the Springfield, Missouri market within Greene County. The Class B building offers a solid foundation for immediate income generation and potential future appreciation.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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