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1981 S Farm Road 123, Springfield, MO 65807

$489,000
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  • —

    bed

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    bath

Multi-family for sale 12 days
$60.9K price drop
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About 1981 S Farm Road 123

Property type Multi-family
Neighborhood
Year built 2007
HOA fee $0/month
Lot size 10,019 Sqft
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
Rare opportunity to own a spacious, income-producing duplex offering the size and comfort of two single-family homes. Each side features 4 bedrooms, 3 baths, two separate living areas, and an attached 2-car garage -- a floor plan seldom found in multifamily properties. New roof has been installed within the last 6 weeks.Investors: Property attracts long-term, stable tenants. [Current rents: $1650 per month / Projected market rent: $1795 per side.] Full rent roll and expense history available upon request.Owner-Occupants: Live in one side and let the rental income offset a significant portion of your mortgage. One side is currently vacant for immediate move in.
Listed by
Listing Agent - Alice Lenard-Lindsey
Listing Office - Lenard Properties LLC
Source: Southern Missouri Regional MLS mls logo
MLS#60334431 • last updated 2 days ago
Movoto checked Southern Missouri Regional MLS for data 5 minutes ago
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Overview
Cooling/AC Central Air, Ceiling Fan(s)
Heating Forced Air, Central
MLS # 60334431
Type Residential Income
Status Active
SubType Duplex
Lot Size (Acres) 0.23
Property Tax 3969.08
Year Built 2007
Interior
Appliances Range, Disposal, Dishwasher, Refrigerator, Microwave
Interior Features Carpet, Washer/Dryer Hookup, Utility Room, Finished Basement, Storage
Exterior
Roof Composition
Parking Two Or More
Exterior Features Balcony
Other Structures One
Amenities / Utilities
Water Source City
Location
View City
Subdivision Bryson Landing
Elementary School RP Price
Middle School Republic
High School Republic
APN 1332200230
Zoning R-2
Directions From Hwy 160 (West Bypass) And Sunshine St: Go West On Sunshine To W. Latoka St; N On W. Latoka To Farm Rd 123; Property Is On North Side Of The Street.
Multifamily Details
Tenant Pays All Utilities
Total # of Units 2
Total Actual Rent 3300
Lot/ Land Details
Road Surface Asphalt
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8/10
Price Elementary School
public Grades K-5
Republic R-Iii School District
7/10
Republic Middle School
public Grades 6-8
Republic R-Iii School District
8/10
Republic High School
public Grades 9-12
Republic R-Iii School District
Source: GreatSchools.org © 2026. All rights reserved.

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