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  • $1,400,000

    1315 E Elm Street, Springfield, MO 65802

    --beds
    --baths
    7,080sqft
    : 
    MultiFamily
    Built in 1930
    -- sqft lot
    $1,293,800 Zestimate®
    $198/sqft
    $-- HOA

    What's special

    New paintNew roofModernized interiorsRefurbished stairwayDesirable three-bedroom three-bathroom configurationRear parking spacesCarpet in bedrooms
    A prime investment opportunity! This 6-unit apartment building is designed for sustained value and tenant satisfaction. Each of the six units offers a desirable three-bedroom, three-bathroom configuration, with two units on each level, and secure coded entries at the front and rear. The property underwent an extensive renovation in 2016, ensuring reduced maintenance and long-term reliability. Upgrades include a new roof, windows, shutters, and fully modernized interiors with new electrical, plumbing, fixtures, insulation, cabinets, flooring (hardwood in living areas, carpet in bedrooms, tile in bathrooms), and appliances. The exterior was recently updated with new paint and a refurbished stairway in 2025. 4 of the 6 bedrooms have been freshly painted with updated color and the remaining 2 are on the schedule to get all new paint in June. One ground-floor unit (west side) is handicapped accessible. A partial basement houses mechanicals and internet equipment. The property features 19 rear parking spaces and individual metering for each unit, maximizing tenant convenience. Low owner responsibility with only trash and lawn care.
    21 days
    on Zillow
    |
    730
    |
    23
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 17, 2025 at 12:26pm

    Listed by:

    Wem Oaks 417-204-9033,

    Keller Williams,

    Anita Oaks 417-293-6033,

    Keller Williams

    Source: SOMOMLS,MLS#: 60291116MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1315 E Elm Street.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Disposal, Dishwasher, Refrigerator, Microwave
    • Laundry: Washer/Dryer Hookup
    Features
    • Apply To All Units, Storage
    Interior area
    • Total interior livable area: 7,080 sqft

    Property

    Parking
    • Parking features: Paved
    Features
    • Has view: Yes
    • View description: City
    Lot
    • Size: 0.4 Acres
    Details
    • Additional structures: One, Three or More Stories
    • Parcel number: 881219207030
    • Zoning: High Density

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Brick
    • Roof: Composition
    Condition
    • Year built: 1930

    Utilities & green energy

    • Water: City
    • Utilities for property: Community, Separate Meters, Water Available

    Community & HOA

    Community
    • Subdivision: N/A
    Location
    • Region: Springfield

    Financial & listing details

    • Price per square foot: $198/sqft
    • Annual tax amount: $3,947
    • Date on market: 4/5/2025
    • Listing terms: Cash,1031 Exchange,Conventional
    • Total actual rent: 8880
    • Road surface type: Asphalt
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