2420 East Blaine Street, Springfield, MO 65803 (MLS# 60261517)

2420 East Blaine Street, Springfield, MO 65803

$1,500,000

Property Type: MultiFamily Lot Size (sq. ft.): 53,143 Status: Active

Current Price: $1,500,000 List Date: 7/09/2025 Last Modified: 7/09/2025

Overview

Description

THIS PROPERTY IS CASH-FLOWING AND AT/NEAR 100% OCCUPANCY!!! What a fantastic turn-key property. Apartments are in HIGH demand right now! Don't miss this opportunity to upgrade your investment portfolio! This whole 13 unit apartment building has been FULLY RENOVATED from the studs up and construction was just recently finished!! This apartment building is ready for you to purchase, located at 2420 E Blaine St, Springfield, MO 65803. Some attributes of this property include: - 5x Two Bedroom/One Bathroom Units - 4x One Bedroom/One Bathroom Units - 4x Three Bedroom/Two Bathroom Units - Laminate Vinyl Plank Flooring - Double Pane Vinyl Windows - Oversized Designated Parking Area - Laminate Kitchen Counters - Oven, Dishwasher, and Refrigerator provided - Utility Closet - Some Units Coin Operated W&D, Some in Unit - Smoke Detector & Sprinklers - Spacious Layout - Recently Remodeled Neighboring Properties - Located Near Essential Businesses - Common Areas Available - Full ... (Read more)

Listing Details MLS# 60261517

Contract Information

Property Sub-Type: Apartment Building
Begin Date: 2024-02-19
Transaction Type: Sale
Lease Monthly: 12350
Parent/Child: Parent
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell

Location Tax and Other Information

Street #: 2420
Street Direction: East
Street Name/Route: Blaine
Suffix: Street
County: Greene
State/Province: MO
Zip Code: 65803
Subdivision: Webster Park
Parcel ID: 88-12-08-410-066
Real Estate Tax: 13756.33
Tax Year: 2023
Legal Description: WEBSTER PARK SUB LOTS 7 THRU 10 BLK D & 17 18 & 19 BLK C
Zoning: Apartments

General Property Description

SqFt-Aprx: 11050
SqFt Finsh'd & Unfnsh'd: 5000 or more
Aprx Year Built: 1952
Total Monthly Rent: 12350
Number of Units: 13
# One Bedroom Units: 4
# Two Bedroom Units: 5
# Three Bedroom Units: 4
Aprx Lot Size (Acres): 1.22
Lot Dimensions: Acres
Elementary School: SGF-Weller
Middle School: SGF-Pipkin
High School: SGF-Central
Waterfront/View: None
Lake/River: None

Remarks Misc

Directions: Head North on Glenstone Ave, turn East on E Blaine St, property is on your right.

One Bed Units

One Bed $: Over $350
One Bed SqFt: 501 - 800 SqFt

More Information

Two Bed Units

Two Bed $: Over $450
Two Bed SqFt: 751 - 1,000 SqFt

Three Bedroom Units

Three Bed $: Over $400
Three Bed SqFt: 750 - 1,000 SqFt

Location, Tax and Other Information

Inside City Limits: Yes

Views

City: Yes

Unit Features

Utility Room: Yes
Washer/Dryer Hookup: Yes

Amenities

Central Laundry: Yes

Construction

Aluminum Siding: Yes
Concrete Block: Yes
Metal: Yes
Vinyl Siding: Yes
Wood Frame: Yes

Utilities

City: Yes
Electricity: Yes
Separate Meters: Yes
Tenant Pays Part: Yes

Cooling

Central: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Oven/Range: Yes
Refrigerator: Yes
Washer: Yes

Baths

1 Per Unit: Yes
2 Per Unit: Yes

Heating

Central: Yes
Forced Air: Yes

Miscellaneous

Fire Alarm: Yes
Smoke Detector: Yes
Sprinklers: Yes

Parking

Paved Area: Yes

Roofing Material

Flat: Yes

Possession

Subject to Tenant Rt: Yes

Will Sell

Cash: Yes
Conventional: Yes

Buildings

One Building: Yes
One Story: Yes

Streets

Asphalt: Yes

Water

City Water: Yes

Sewer

City Sewer: Yes

Type of Tenancy

Lease: Yes

Yearly Net Oper Inc

Over $25,000: Yes

Deposits

Deposit Required: Yes

Property Features

Unit Features: Utility Room; Washer/Dryer Hookup Amenities: Central Laundry Baths: 1 Per Unit; 2 Per Unit Appliances: Dishwasher; Dryer; Oven/Range; Refrigerator; Washer Cooling: Central Heating: Central; Forced Air Buildings: One Building; One Story Construction: Aluminum Siding; Concrete Block; Metal; Vinyl Siding; Wood Frame Roofing Material: Flat Parking: Paved Area Streets: Asphalt Miscellaneous: Fire Alarm; Smoke Detector; Sprinklers Water: City Water Sewer: City Sewer Utilities: Electricity; Separate Meters; Tenant Pays Part Type of Tenancy: Lease Yearly Net Oper Inc: Over $25,000 Possession: Subject to Tenant Rt Will Sell: Cash; Conventional Deposits: Deposit Required

Listing Office: Murney Associates - Primrose

Last Updated: July - 09 - 2025

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