111 & 121 Elm ST, Washburn, MO 65772
111 & 121 Elm ST, Washburn, MO 65772
111 & 121 Elm ST, Washburn, MO 65772
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$767,000
Est. payment /mo
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1 Bath
8,000 SqFt
New

111 & 121 Elm ST Washburn, MO 65772

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Forrest Stodghill

Forrest Stodghill

+1(417) 597-3530

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $95

MLS Listing ID SOM60337077

Total Fin. Sqft 8000

Year Built 1995

Annual Tax Amount $2,909

Tax Year 2025

Lot Size 2.500 Acres

Acres 2.5

Property Sub-Type Duplex

Source somo

Property 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.

Location

State MO

County Barry

Zoning None

Direction Heading northeast on State Hwy 37 N, turn left onto Oak St, then left on Elm St. The property will be at the end of the road on the right.

Interior

Heating Heat Pump, Central

Cooling Central Air

Fireplace No

Appliance Range, Dishwasher, Refrigerator

Heat Source Heat Pump, Central

Exterior

Parking Features 1 per Unit

Utilities Available Community, Water Available, Sewer Available, Electricity Available

Waterfront Description None

Roof Type Metal,Dimensional Shingles

Street Surface Unimproved

Building

Sewer Public Sewer

Water City

Structure Type Vinyl Siding

Schools

Elementary Schools Southwest

Middle Schools Washburn

High Schools Southwest

Others

Miscellaneous Fire Alarm,Smoke Detector

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Listed by Salmonsen Team Keller Williams Market Pro

NEARBY SCHOOL & BUSINESS

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Forrest Stodghill

Forrest Stodghill

REALTOR® License ID: 2015033149

+1(417) 597-3530

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111 & 121 Elm ST