703 Franklin St Kirksville, MO 63501
This charming three-unit apartment building at 703 N Franklin St, Kirksville, Missouri, presents a compelling investment opportunity. Built in 1880 and recently remodeled and updated, the property boasts a strong rental history, demonstrating its consistent appeal to tenants. The building's location in Adair County, zip code 63501, offers convenient access to local amenities and services. Each of the three units has undergone renovations, ensuring high-quality living spaces for residents. While one unit features a non-conforming fourth bedroom, all units are designed for comfortable living. The asking price for this property is $249,000. Given the solid rental history and recent updates, this multifamily property represents a promising investment with potential for strong returns. Serious inquiries should provide 24-hour notice for showings. The property's total square footage is not specified.
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
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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.