1820-1824 Walnut St Springfield, MO 65806
- Apartment buildings
- 1,664 SF
Current Use by Public Records
- Apartment buildings
Property Details for 1820-1824 Walnut St
- Property size
- 1,664 SF
- Property type
- Apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Greene
- State
- Missouri
- Longitude
- -93.3166
- Latitude
- 37.2072
