000 Tanglewood Place, West Plains, MO 65775

$1,700,000
Property Type: MultiFamily Lot Size (sq. ft.): 108,900 Status: Active
Current Price: $1,700,000 List Date: 10/02/2025 Last Modified: 2/17/2026

Description

Unique investment opportunity! This well-maintained property on Tanglewood place offers a total of 13 rental units--including six duplexes (12 units), each approx. 950 sq. ft. with 2 bedrooms, 1.5 baths, laundry room, and attached 1-car garage, plus a charming 2-bedroom, 1.5-bath home (approx. 1,100 sq. ft.) with an attached carport and a large detached garage/storage building. All appliances convey--including refrigerators, electric stoves, built-in microwaves, washers, dryers, and kitchen garbage disposals--making these units truly turn-key. Every garage also has a remote opener for tenant convenience. Inside, the bedrooms feature cozy carpeting, while laundry, baths, and kitchens are finished with durable vinyl flooring, and living rooms have attractive wood laminate floors. Each unit also includes ceiling fans in the largest bedroom and the living room. All units are connected to city water and sewer. A special feature is the full basement beneath one duplex, used by tenants for storage and as a safe place during severe weather. This small, private community is tucked away on its own cul-de-sac, with a private street. Each unit is separately metered with tenants paying their own electric and propane (propane for heating only). Lovingly built and cared for by the same owner for 30 years, the property shows pride of ownership throughout. Current rents are $650/month for the duplexes and $850/month for the home. New occupancies are $750 for duplexes. Several tenants have been in place for over 10 years, and while rents are below market, there is excellent potential for increased cash flow under new ownership. The seller also maintains excellent records, available for serious buyers to review. This is a rare chance to acquire a stable, long-term investment with upside potential in a well-kept, owner-built community. Includes the Home on 707 East Maple and The Duplexes at 501-508, 510, 512, 514, and 516 Tanglewood Place

More Information MLS# 60306152

Contract Information

Transaction Type: Sale Foreclosure/Short Sale: No Property Sub-Type: Duplex/Triplex/Fourplex Begin Date: 2025-10-02 List Price: $1,700,000 Agreement Type: Exclusive Right To Sell

Location, Tax and Other Information

Inside City Limits: Yes RE Tax Provided By: Assessor Records

General Property Description

SqFt-Aprx: 12500 SqFt Finsh'd & Unfnsh'd: 5000 or more Total Monthly Rent: 8850 # Two Bedroom Units: 13 Waterfront/View: None # Attached Garage Spaces: 12 # Detached Garage Spaces: 1 # Detached Carport Spaces: 0 Lake/River: None Aprx Year Built: 1995 Number of Units: 13 Aprx Lot Size (Acres): 2.5 Lot Dimensions: Acres Garage/Carport: 1 Total Garage/Carport Stalls: 13 # Attached Carport Spaces: 1 Elementary School: West Plains Middle School: West Plains High School: West Plains

Listing Info

Owner Agent: No

Construction

Vinyl Siding: 1 Wood Frame: 1

Two Bed Units

Two Bed $: Over $450 Two Bed SqFt: 751 - 1,000 SqFt

Utilities

City: 1 Electricity: 1 Gas: 1 High Speed Internet Access: 1 Separate Meters: 1 Tenant Pays: 1

Cooling

Ceiling Fans: 1 Central: 1 Heat Pump: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Oven/Range: 1 Refrigerator: 1 Washer: 1

Baths

1 1/2 Per Unit: 1

Heating

Central: 1 Heat Pump: 1

Miscellaneous

Smoke Detector: 1

Parking

One Per Unit: 1

Roofing Material

Dimensional Shingles: 1

Possession

At Closing: 1 Subject to Tenant Rt: 1

Will Sell

1031 Exchange: 1 Cash: 1 Conventional: 1

Buildings

Four or More Buildings: 1 One Story: 1

Streets

Asphalt: 1

Water

City Water: 1

Sewer

City Sewer: 1

Flood Insurance

Not Required: 1

Documents Available

Financial Records: 1

Type of Tenancy

Lease: 1 Monthly: 1

Yearly Net Oper Inc

Over $25,000: 1

Location Tax and Other Information

Street #: 000 Street Name/Route: Tanglewood Place County: Howell State/Province: MO Zip Code: 65775 Subdivision: N/A Parcel ID: 15-8.0-28-001-016-013.0000 Cross Street: E maple & Tanglewood Place Real Estate Tax: 5866.53 Tax Year: 2024 Zoning: Muti family R-2 Section: 28 Township: 24

Remarks Misc

Directions: East Maple to Left on Tangelwood Place all the properties

Status Change Info

Status: Active

Property Features

Baths: 1 1/2 Per Unit Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven/Range; Refrigerator; Washer Cooling: Ceiling Fans; Central; Heat Pump Heating: Central; Heat Pump Buildings: Four or More Buildings; One Story Construction: Vinyl Siding; Wood Frame Roofing Material: Dimensional Shingles Parking: One Per Unit Streets: Asphalt Miscellaneous: Smoke Detector Water: City Water Sewer: City Sewer Utilities: Electricity; Gas; High Speed Internet Access; Separate Meters; Tenant Pays Flood Insurance: Not Required Documents Available: Financial Records Type of Tenancy: Lease; Monthly Yearly Net Oper Inc: Over $25,000 Possession: At Closing; Subject to Tenant Rt Will Sell: 1031 Exchange; Cash; Conventional
Listing Office: Southern Missouri Homes and Farms LLC
IDX
Last Updated: February - 17 - 2026
Data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than the website owner are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is not guaranteed and should be verified by the consumer and is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers wish to purchase. Any representation that a web site contains all listings shall only mean that the web site contain all listing available to the public through the IDX data feed and other available properties may not be displayed on this site. © 2023 Southern Missouri Regional MLS, LLC All rights reserved.

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