This renovated, turnkey 8-plex at 408 S. Mulberry Drive presents a premier investment opportunity in Warrensburg, Missouri. Ideally situated near the University of Central Missouri and Whiteman Air Force Base, the property comprises four two-bedroom units and four one-bedroom units. Recent improvements include fresh exterior paint, enhanced landscaping, and partial interior remodels, with only one unit remaining for a final refresh. Located within walking distance of the university, this complex holds strong appeal for student renters. Tenants are responsible for all utilities except trash and lawn maintenance, keeping operating costs low for investors. A generous parking lot further enhances tenant convenience. With the potential to boost rental income by adding washer and dryer hookups to the two-bedroom units, this 8-plex offers both immediate returns and room for growth. Property management is already in place, ensuring a smooth transition for new ownership. Don’t miss out on this chance to invest in a high-demand location with consistent occupancy potential.
Pending
Price cut: $40K (4/8)
$735,000
408 S Mulberry St, Warrensburg, MO 64093
--beds
2baths
--sqft
Est.:
Apartment
Built in 1970
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Generous parking lotWasher and dryer hookupsFresh exterior paintEnhanced landscapingPartial interior remodels
- 39 days
- on Zillow |
- 216 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: April 22, 2025 at 03:52pm
Listing Provided by:
Eva Norton 660-422-1819,
Lock and Key Rentals, LLC
Source: HKMMLS as distributed by MLS GRID,MLS#: 2536714

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
Heating
- Electric
Cooling
- Electric
Features
- Has basement: No
Property
Parking
- Total spaces: 16
- Parking features: Off Street
Lot
- Size: 0.5 Acres
Details
- Parcel number: 12702601002001500
- Zoning: R4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick
- Roof: Composition
Condition
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Warrensburg
Financial & listing details
- Tax assessed value: $167,979
- Annual tax amount: $2,453
- Date on market: 3/18/2025
- Listing terms: Cash,Conventional
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