587 Panich Street, Pleasant Hope, MO 65725 (MLS# 60306384)

587 Panich Street, Pleasant Hope, MO 65725

New Listing

$538,500

Property Type: MultiFamily Lot Size (sq. ft.): 16,553 Status: Active

Current Price: $538,500 List Date: 4/23/2026 Last Modified: 4/23/2026

Overview

Description

Discover an outstanding investment opportunity in the thriving, peaceful community of Pleasant Hope! This newly built triplex features three spacious units--each with 3 bedrooms and 2 full baths--boasting modern, open-concept layouts and premium finishes. Built with durability in mind, it also comes with a one-year builder warranty for added peace of mind. All units are fully leased, ensuring instant, steady cash flow. With a strong 8.12% CAP rate for cash buyers, you'll see excellent returns in a stable rental market. Residents enjoy small-town charm with convenient access to amenities and major routes. Whether expanding your portfolio or starting out, this triplex delivers lasting value, reliable returns, and long-term appeal. Contact the listing agent for Rent Roll and Expense details!

Listing Details MLS# 60306384

Contract Information

Property Sub-Type: Duplex/Triplex/Fourplex
Begin Date: 2025-10-03
Transaction Type: Sale
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell

Location Tax and Other Information

Street #: 587
Street Name/Route: Panich
Suffix: Street
County: Polk
State/Province: MO
Zip Code: 65725
Subdivision: Pleasant Valley Ac
Parcel ID: 89-16-0.9-31-001-002-010.040
Tax Year: 2025
Zoning: R-4

General Property Description

SqFt-Aprx: 3510
SqFt Finsh'd & Unfnsh'd: 3400 - 3599
Aprx Year Built: 2025
Total Monthly Rent: 4400
Number of Units: 3
Aprx Lot Size (Acres): 0.38
Lot Dimensions: Acres
Elementary School: Pleasant Hope
Middle School: Pleasant Hope
High School: Pleasant Hope
Waterfront/View: None
Lake/River: None

Remarks Misc

Directions: At intersection of H Hwy and 215, go west, Right on Pirate Lane, Right on Panich Street, property is 2nd property on the left

Listing Info

Owner Agent: No

More Information

Three Bedroom Units

Three Bed $: Over $400
Three Bed SqFt: 1,001 - 1,500 SqFt

Baths

Each Unit: 2

Location, Tax and Other Information

Inside City Limits: Yes

How to Show

Call Listing Agent: Yes

Unit Features

All Units: Yes
Utility Room: Yes
Washer/Dryer Hookup: Yes

Construction

Metal: Yes
Wood Frame: Yes

Utilities

Electricity: Yes
Separate Meters: Yes
Tenant Pays: Yes

Cooling

Ceiling Fans: Yes
Central: Yes

Appliances

Dishwasher: Yes
Microwave: Yes
Oven/Range: Yes

Heating

Central: Yes
Forced Air: Yes

Parking

Two or More: Yes

Possession

At Closing: Yes

Will Sell

1031 Exchange: Yes
Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Buildings

One Building: Yes

Streets

Asphalt: Yes

Water

City Water: Yes

Sewer

City Sewer: Yes

Documents Available

Disclosure: Yes

Type of Tenancy

Monthly: Yes

Property Features

How to Show: Call Listing Agent Unit Features: All Units; Utility Room; Washer/Dryer Hookup Appliances: Dishwasher; Microwave; Oven/Range Cooling: Ceiling Fans; Central Heating: Central; Forced Air Buildings: One Building Construction: Metal; Wood Frame Parking: Two or More Streets: Asphalt Water: City Water Sewer: City Sewer Utilities: Electricity; Separate Meters; Tenant Pays Documents Available: Disclosure Type of Tenancy: Monthly Possession: At Closing Will Sell: 1031 Exchange; Cash; Conventional; FHA; VA

Listing Office: Realty ONE Group Grand

Last Updated: April - 23 - 2026

Data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than the website owner are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is not guaranteed and should be verified by the consumer and is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers wish to purchase. Any representation that a web site contains all listings shall only mean that the web site contain all listing available to the public through the IDX data feed and other available properties may not be displayed on this site. © 2023 Southern Missouri Regional MLS, LLC All rights reserved.