1448 North Benton Avenue, Springfield, MO 65802 (MLS# 60336306)

1448 North Benton Avenue, Springfield, MO 65802

New Listing

$1,375,000

Property Type: MultiFamily Lot Size (sq. ft.): 27,878 Status: Active

Current Price: $1,375,000 List Date: 10/14/2026 Last Modified: 10/14/2026

Overview

Description

The Oaks Apartments offers a rare opportunity to acquire a 21-unit multifamily property in a well-connected Springfield location, with virtually no comparable properties currently available on the market. The community features a mix of one- and two-bedroom apartments, many occupied by long-term residents, and maintains a low vacancy rate. Its proximity to Cox College, Cox North Hospital, Drury University and downtown Springfield supports demand from a diverse tenant base, while nearby public transportation provides residents with convenient access to employment, education, healthcare and city amenities. This combination of limited market availability, established occupancy and strategic location makes The Oaks Apartments a compelling addition to a multifamily investment portfolio.

Listing Details MLS# 60336306

Contract Information

Property Sub-Type: Apartment Building
Begin Date: 2026-10-14
Transaction Type: Sale
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell

Location Tax and Other Information

Street #: 1448
Street Direction: North
Street Name/Route: Benton
Suffix: Avenue
County: Greene
State/Province: MO
Zip Code: 65802
Subdivision: N/A
Parcel ID: 1313202008
Real Estate Tax: 5981.87
Tax Year: 2025
Legal Description: Beg 232 Ft S Se Cor Benton & Division Sts S 100 Ft E 280 Ft N 100 Ft W To Beg
Zoning: R-MD
Section: 13
Township: 29n

General Property Description

SqFt-Aprx: 15258
SqFt Finsh'd & Unfnsh'd: 5000 or more
Aprx Year Built: 1963
Total Monthly Rent: 14290
Number of Units: 21
# One Bedroom Units: 11
# Two Bedroom Units: 10
Aprx Lot Size (Acres): 0.64
Lot Dimensions: Acres
Garage/Carport: Yes
Total Garage/Carport Stalls: Yes
# Attached Carport Spaces: Yes
Elementary School: SGF-Boyd
Middle School: SGF-Pipkin
High School: SGF-Central
Waterfront/View: None
Lake/River: None
# Efficiency Units: 0
# Three Bedroom Units: 0
# Attached Garage Spaces: 0
# Detached Garage Spaces: 0
# Detached Carport Spaces: 0

Remarks Misc

Directions: From Chestnut Expressway, head north on N Benton Ave. Property is located in Historic Midtown, near Cox North Hospital and Drury University, on the east side of the street, just south of Division.

Listing Info

Owner Agent: No

More Information

Baths

Each Unit: Yes

Location, Tax and Other Information

Inside City Limits: Yes

Amenities

Central Laundry: Yes

Construction

Brick: Yes
Solid Masonry: Yes

Utilities

City: Yes
Electricity: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Cooling

Window Unit(s): Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Oven/Range: Yes
Refrigerator: Yes

Heating

Central: Yes

Miscellaneous

Smoke Detector: Yes

Parking

Paved Area: Yes

Roofing Material

Flat: Yes

Possession

At Closing: Yes

Will Sell

1031 Exchange: Yes
Conventional: Yes

Buildings

One Building: Yes
Two Stories: Yes

Water

City Water: Yes

Sewer

City Sewer: Yes

Flood Insurance

Not Required: Yes

Documents Available

Financial Records: Yes

Type of Tenancy

Monthly: Yes

Yearly Net Oper Inc

Over $25,000: Yes

Deposits

Deposit Required: Yes

Property Features

Amenities: Central Laundry Appliances: Dishwasher; Disposal; Oven/Range; Refrigerator Cooling: Window Unit(s) Heating: Central Buildings: One Building; Two Stories Construction: Brick; Solid Masonry Roofing Material: Flat Parking: Paved Area Miscellaneous: Smoke Detector Water: City Water Sewer: City Sewer Utilities: Electricity; Sewer; Trash; Water Flood Insurance: Not Required Documents Available: Financial Records Type of Tenancy: Monthly Yearly Net Oper Inc: Over $25,000 Possession: At Closing Will Sell: 1031 Exchange; Conventional Deposits: Deposit Required

Listing Office: AMAX Real Estate

Last Updated: October - 14 - 2026

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