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Listed by Wem Oaks Keller Williams

$1,375,000

Est. payment - /mo

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7,080 SqFt

Active

1315 E Elm Street Springfield, MO 65802

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Key Details

Property Type Single Family Home

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 7,080 sqft

Price per Sqft $194

MLS Listing ID SOM60291116

Year Built 1930

Annual Tax Amount $3,947

Tax Year 2023

Lot Size 0.400 Acres

Acres 0.4

Property Sub-Type Residential Income

Property Description

A prime investment opportunity just minutes from MSU! This 6-unit apartment building is designed for sustained value and tenant satisfaction. Each of the six units offers a desirable three-bedroom, three-bathroom configuration, with two units on each level, and secure coded entries at the front and rear. The property underwent an extensive renovation in 2016, ensuring reduced maintenance and long-term reliability. Upgrades include a new roof, windows, shutters, and fully modernized interiors with new electrical, plumbing, fixtures, insulation, cabinets, flooring (hardwood in living areas, carpet in bedrooms, tile in bathrooms), and appliances. The exterior was recently updated with new paint and a refurbished stairway in 2025. All 6 units have been freshly painted with updated colors. One ground-floor unit (west side) is handicapped accessible. A partial basement houses mechanicals and internet equipment. The property features 19 rear parking spaces and individual metering for each unit, maximizing tenant convenience. Low owner responsibility with only trash and lawn care.

Location

State MO

County Greene

Zoning High Density

Interior

Interior Features Apply To All Units, Washer/Dryer Hookup, Storage

Heating Central

Cooling Central Air, Ceiling Fan(s)

Fireplace N

Appliance Range, Disposal, Dishwasher, Refrigerator, Microwave

Exterior

Parking Features Paved Area

Utilities Available Community, Separate Meters, Water Available, Electricity Available

Waterfront Description None

View Y/N false

View City

Roof Type Composition

Garage No

Building

Sewer Public Sewer

Water City

Structure Type Brick

Schools

Elementary Schools Sgf-Rountree

Middle Schools Sgf-Jarrett

High Schools Sgf-Parkview

Others

Acceptable Financing Cash, 1031 Exchange, Conventional

Listing Terms Cash, 1031 Exchange, Conventional

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Corina Staton

Agent | License ID: 2020031035

+1(417) 208-6335