214-216 Walnut ST Active Save Request In-Person Tour Request Virtual Tour
Sparta,MO 65753
Key Details
Property Type Multi-Family
Sub Type Duplex/Triplex/Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $185
Subdivision Christian-Not In List
MLS Listing ID SOM60286949
Construction Status No
Total Fin. Sqft 2700
Originating Board somo
Year Built 1997
Annual Tax Amount $1,794
Tax Year 2024
Lot Size 0.700 Acres
Acres 0.7
Property Sub-Type Duplex/Triplex/Fourplex
Property Description
Prime Investment Opportunity ~ Duplexes in Sparta!Don't miss this chance to expand your rental portfolio with two well-maintained duplexes in a high-demand rental market. These properties generate a strong monthly gross of $3,450 with long-term tenants already in place, ensuring immediate and reliable cash flow. Three of the four units have been recently remodeled, reducing maintenance costs and increasing their rental appeal. The remaining unit requires only $10K-$15K in updates, presenting a great opportunity to further boost rental income.The property consists of three 2-bedroom units with garages and one 3-bedroom unit with a garage, which could command even higher rents. With rental demand on the rise, this is a rare opportunity to acquire an income-producing asset with future growth potential. Whether you're a seasoned investor or looking to scale your portfolio, now is the time to act. Opportunities like this don't last long.
Location
State MO
County Christian
Zoning ?
Direction Hwy 14 east from Ozark to Sparta, then right on Linden to right on Walnut to left into drive and property on right.
Interior
Interior Features Carpet,Washer/Dryer Hookup,Utility Room
Heating Central
Cooling Central Air
Fireplace No
Heat Source Central
Exterior
Parking Features Two or More
Garage Spaces 2.0
Utilities Available Community
Waterfront Description None
Roof Type Composition
Street Surface Asphalt
Building
Sewer City Sewer
Water City
Structure Type Brick,Vinyl Siding
Construction Status No
Schools
Elementary Schools Sparta
Middle Schools Sparta
High Schools Sparta
Others
Acceptable Financing Cash,VA,FHA,1031 Exchange,Conventional
Listing Terms Cash,VA,FHA,1031 Exchange,Conventional