Springfield, MO Residential Income Properties for Sale

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Updated: May 14

Springfield Duplex: Investor Opportunity

1325 W Mount Vernon Street, Springfield, MO 65806

$200,000

2,000 sqft 0.12 AC lot

Income‑producing duplex with two 2‑bedroom, 1‑bathroom units
Excellent opportunity for investors to expand their rental portfolio
Convenient location in Springfield
Strong upside and long‑term investment potential
Built in 1922

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1325 W Mount Vernon Street, Springfield, MO 65806

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Est. Cap Rate

9.1%
Above avg (5.9%)
Est. NOI

$18K
Annual
Price @ 7% Cap

$259K
Above asking
Property Type

Duplex
Built 1922

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Updated: Jun 9

Duplex Property with Renovation Potential

429 S Broadway Avenue, Springfield, MO 65806

$155,000

1,470 sqft 0.43 AC lot

Investor special sold as‑is with multiple income opportunities
Potential to split the large lot and build an additional duplex (buyer to verify)
New roof plus 10 brand‑new Andersen windows with warranty
Historic property built in 1916
Utilities include public sewer; heating is forced air and cooling is window unit(s)

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Turnkey Investment Property Package

217 S Pickwick Avenue, Springfield, MO 65802

$1,103,000

6,198 sqft 0.86 AC lot

Six residential properties near universities and downtown Springfield, Missouri.

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Duplex on Acreage with Vacant Unit

3274 N State Highway Ab, Springfield, MO 65803

$275,000

2,167 sqft 4.80 AC lot

Duplex on 4.8 acres in A-1 zoning, with two 2-bedroom/1-bath units, one remodeled and vacant.

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Two-Duplex Residential Income Property

1820-1824 W Walnut Street, Springfield, MO 65806

$370,000

3,380 sqft

Two well-maintained duplexes on one lot, fully leased through July 2026 for immediate occupancy.

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Brick and Stone Duplex Residence

329 E Lafayette Street, Springfield, MO 65810

$285,000

1,906 sqft 0.15 AC lot

All-brick and stone duplex-style home with high ceilings, a fireplace, and an attached two-car garage.

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Two-Unit Duplex on Acreage

3274 N State Highway Ab, Springfield, MO 65803

$275,000

2,167 sqft 4.80 AC lot

Mirror-image duplex with two bedrooms per side, each with a carport and storage shed, on 4.8 acres.

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Three-Unit Income Property

1504 N Summit Avenue, Springfield, MO 65803

$255,000

2,809 sqft 0.19 AC lot

Three-unit rental property in Springfield, each unit offering two bedrooms under INC zoning.

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Downtown Springfield Mixed-Use Property

412 South Ave, Springfield, MO 65806

$635,000

4,100 sqft

Fully leased mixed-use property in Downtown Springfield with historic character.

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Completely Renovated Stacked Duplex

824 W Elm Street, Springfield, MO 65806

$225,000

1,636 sqft 0.18 AC lot

Stacked duplex offers two separate units, including a covered porch and a private exterior entry for the upper unit.

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Tenant-Occupied Multi-Family Portfolio

939 South Avenue, Springfield, MO 65806

$725,000

6,700 sqft 0.29 AC lot

Seven rental units across three buildings, tenant occupied, near Missouri State University in Springfield.

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Mixed-Use Property in Downtown Springfield

420 S Campbell Ave, Springfield, MO 65806

$1,300,000

12,577 sqft

Mixed-use property with retail and apartments in Downtown Springfield.

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Remodeled Brick Patio Duplex

1348 E Arlington Street, Springfield, MO 65803

$239,999

1,443 sqft 0.15 AC lot

All-brick duplex with a remodeled interior, LVP flooring, and a versatile bonus space adaptable to office or third bedroom.

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Renovated Duplex in Springfield, MO

2203 N National Avenue, Springfield, MO 65803

$185,000

1,238 sqft 0.16 AC lot

Updated duplex with modern amenities, ideal for versatile living.

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Redevelopment Opportunity on Lone Pine

3535 S Lone Pine Ave, Springfield, MO

$1,500,000

7,745 sqft 1.10 AC lot

Mixed-use redevelopment opportunity zoned for retail and multi-family.

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Springfield Triplex For Sale

1026-1028 Commercial, Springfield, MO 65803

$200,000

1,498 sqft 0.17 AC lot

Triplex generating $2,185 monthly rent in Springfield, Missouri.

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Remodeled Multifamily Property Near Development

1502 N Grant Avenue, Springfield, MO 65803

$375,000

3,553 sqft 0.22 AC lot

Multifamily property with development potential near commercial area and hospital.

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Multifamily Package Near Downtown Springfield

608 W Walnut St, Springfield, MO 65806

$1,265,000

16-unit multifamily package near downtown Springfield, Missouri.

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Mixed-Use Building with Loft Apartments

412 South Avenue, Springfield, MO 65806

$635,000

0.06 AC lot

Fully leased mixed-use building with historic retail space below and two loft apartments above in downtown Springfield.

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Springfield Multifamily Investment Opportunity

2206 & 2210 E Macs Court, Springfield, MO 65804

$1,800,000

16,416 sqft

Sixteen-unit apartment complex in desirable Springfield location.

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Restaurant/Bar with Loft Apartments

220 E Commercial St, Springfield, MO 65803

$3,445,000

Move-in-ready restaurant/bar setup paired with seven fully furnished loft apartments and on-site parking.

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Turnkey Duplex with Two Bedrooms

716 E Locust Street, Springfield, MO 65803

$229,900

1,830 sqft 0.25 AC lot

Two-unit duplex offers updated interiors and included appliances, with a detached two-car carport and fenced storage.

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Renovated Lofts on Commercial Street

311 W Commercial Street, Springfield, MO 65803

$699,000

0.05 AC lot

Three renovated lofts with short-term rental license.

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Brick Duplex Income Property

518 & 520 E Jewett Place, Springfield, MO 65807

$318,600

2,342 sqft 0.28 AC lot

This mostly brick duplex includes two clean 2-bedroom, 2-bath units with 2-car arrangements; one unit is vacant.

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Springfield, MO Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Springfield, MO, showcased through 50 active listings on our real estate platform. These investment opportunities span a total of 97,918 square feet of properties for sale, with an estimated market value of $13,710,399.

Sale prices for residential income properties in Springfield, MO start at $139,900, averaging $527,323, and reaching up to $1,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 236K

Population Growth (5Y) +2.6%

Median Household Income $56,472

College Educated 21.4%

High-Yield Neighborhoods for Investment

Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
65810	$345K
65802	$596.7K
65803	$618.7K
65806	$656.5K
65807	$679.2K

Taxes & Financing

Tax Rate (average for all types) 6.38%

Property Tax per SF $98.81 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Greene County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Springfield fall within the 100,000+ square foot range.

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Springfield, MO Residential Income Properties for Sale

1325 W Mount Vernon Street, Springfield, MO 65806

429 S Broadway Avenue, Springfield, MO 65806

217 S Pickwick Avenue, Springfield, MO 65802

3274 N State Highway Ab, Springfield, MO 65803

1820-1824 W Walnut Street, Springfield, MO 65806

329 E Lafayette Street, Springfield, MO 65810

3274 N State Highway Ab, Springfield, MO 65803

1504 N Summit Avenue, Springfield, MO 65803