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Property profile & analytics
OFF-MARKET
Apartment buildings

1820-1824 Walnut St Springfield, MO 65806

1,664 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a four-unit apartment building located at 1820-1824 W Walnut St, Springfield, MO 65806, in Greene County. The property boasts a total of 1,664 square feet, situated on an 8,477 square foot lot. Each of the four units offers generous living space, measuring 1,100 square feet, with two bedrooms and one bathroom. Currently operating at 100% occupancy, this property provides immediate and consistent cash flow. The asking price is $370,000, translating to $240.38 per square foot. The property is zoned for residential single-family use. 2023 property taxes amounted to $1,809.47. This multifamily property is ideally located in Springfield, a vibrant city in the heart of the Ozarks, offering a blend of big-city amenities and small-town charm. The property's strong occupancy rate and desirable location make it an attractive investment for both seasoned and new investors seeking a stable and profitable venture in the thriving Springfield real estate market. This is a turnkey opportunity with immediate income potential.

Property profile
Verified
Property type Apartment buildings
Total area 1,664 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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