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Property profile & analytics
OFF-MARKET
Multifamily properties

424 Poplar St Piedmont, MO 63957

0.9 ac lot Built 1940
Property ID
US48-2594061
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Multifamily properties
Year built 1940
Lot 0.9 ac (39,204 SF)
UPID US48-2594061
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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