424 Poplar St Piedmont, MO 63957
This exceptional investment opportunity presents three adjacent duplexes located at 424 Poplar St., Piedmont, MO, situated on a 0.9-acre lot. The property comprises six rental units offering a compelling blend of potential and affordability. Four units boast 600 square feet each, while two larger units provide 916 square feet of living space. Each duplex features two two-bedroom units. While the buildings require some repairs, the current asking price of $89,500 presents a significant opportunity for value appreciation. Two of the duplexes feature durable metal roofing, while the third has a shingle roof. The property's location and the potential for rental income make this an attractive proposition for investors seeking a hands-on project with substantial returns. The current configuration allows for immediate rental income generation, with the potential for increased profitability following renovations and upgrades. The property's proximity to other units ensures efficient management and maintenance. This is a rare chance to acquire six rental units for a price significantly below $15,000 per unit, offering a strong return on investment for the right buyer. Act quickly to secure this promising investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.