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Farmington 479-267-5911 Prairie Grove 479-846-2222
Real Estate Company
111 & 121 Elm Street, Washburn, MO 65772
- $767,000
- 8,000
- SqFt
- List Price
- $767,000
- Status
- ACTIVE
- MLS#
- ARKMLS-1365954
- Sq. Ft
- 8,000
- Acres
- 2.50
- Year Built
- 1995
- Subdivision
- N/A
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.
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Additional Information
- Taxes
- $2,909
- Style
- Traditional
- Roof
- Architectural, Metal, Shingle
- Appliances
- Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
- Fencing
- None
- Foundation
- Slab
- Levels
- Two
- School District
- Southwest
- Heating
- Electric, Heat Pump
- Cooling
- Central Air, Electric
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Listing courtesy of Keller Williams Market Pro Realty Bentonville West. 479-330-1250