Property summary
This Springfield, Missouri duplex presents a compelling investment opportunity with a strong 9.59% capitalization rate. The property, located at 1202 N Grant Ave, in Greene County, boasts 1,112 square feet and comprises two units, each currently occupied, generating a substantial net operating income (NOI) of $16,212. The asking price is $169,000, translating to $151.98 per square foot and $84,500 per unit. Completely renovated in 2022, this stabilized investment offers immediate cash flow with minimal vacancy risk. The property's excellent location in Springfield, Missouri, combined with its high occupancy rate and strong NOI, makes it an attractive option for investors seeking a reliable and profitable addition to their portfolio. Detailed financial information is available upon request. Please respect tenant privacy and do not disturb.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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