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    OFF-MARKET
    Residential income homes

    1202 Grant Ave, Springfield, MO 65802

    1,112 SF
    Property ID
    US48-3288772
    Property summary
    AI-generated overview

    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
    Verified
    Property type Residential income homes
    Total area 1,112 SF
    UPID US48-3288772
    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
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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