111 & 121 Elm Street,Washburn, MO 65772
Washburn, MO 65772
Description
Investment opportunity featuring two quadplexes with a total of 8 units, including 2 one-bedroom units and 6 two-bedroom units. Currently 86% eased with only one vacant unit, the property offers established rental income and an opportunity to increase occupancy. Both buildings have benefited from extensive improvements over the years, including a new parking lot (2025), LVP flooring in all units (2022-2025), updated HVAC systems for 111 Unit 1 (2021) and 121 Units 1&2 (2022), replacement windows on building 121, new gutters (2021-2022), and a master key system (2021-2022). Conveniently located adjacent to the Southwest School District office, Washburn School, and Southwest High School, with Hwy 31 just 0.2 miles away and Dollar General approx. 0.5 miles away. With a functional unit mix, a history of ongoing capital improvements, and convenient access to nearby schools and amenities, this multifamily property presents an attractive opportunity for investors seeking an income-producing asset.
Details
| MLS # | 60337077 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1995 |
| Days On Site | 18 |
| Listing Provided By | Keller Williams Market Pro | Salmonsen Team |
Features
| Story(s) | 2 |
|---|---|
| Units | 8 |
| Zoning | None |
| Acreage | 2.50 |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Central |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | One Per Unit |
Taxes
| Property | 2909 |
|---|
Area Information
| State | MO |
|---|---|
| County | Barry |
| City | Washburn |
| Zip Code | 65772 |
| Community Name | N/A |
| School District | Southwest |
| Elementary School | Southwest |
| High School | Southwest |
| Listing VS Median (in N/A) | |
Price: $767,000 low | high Med: $305,000 On site: 18 low | high Med: 247 | |
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Learn More About This Property
| State | MO |
|---|---|
| County | Barry |
| City | Washburn |
| Zip Code | 65772 |
| Community Name | N/A |
| School District | Southwest |
| Elementary School | Southwest |
| High School | Southwest |
| Listing VS Median (in N/A) | |
Price: $767,000 low | high Med: $305,000 On site: 18 low | high Med: 247 | |