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Pending
  • Price cut: $40K (4/8)
    $735,000

    408 S Mulberry St, Warrensburg, MO 64093

    --beds
    2baths
    --sqft
    : 
    Apartment
    Built in 1970
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Generous parking lotWasher and dryer hookupsFresh exterior paintEnhanced landscapingPartial interior remodels
    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.
    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#: 2536714MLS Logo
    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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