1315 East Elm Street, Springfield, MO 65802
$1,375,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
17,424
Status:
Active
Current Price:
$1,375,000
List Date:
4/05/2025
Last Modified:
1/14/2026
Description
A prime investment opportunity just minutes from MSU! This 6-unit apartment building is designed for sustained value and tenant satisfaction. Each of the six units offers a desirable three-bedroom, three-bathroom configuration, with two units on each level, and secure coded entries at the front and rear. The property underwent an extensive renovation in 2016, ensuring reduced maintenance and long-term reliability. Upgrades include a new roof, windows, shutters, and fully modernized interiors with new electrical, plumbing, fixtures, insulation, cabinets, flooring (hardwood in living areas, carpet in bedrooms, tile in bathrooms), and appliances. The exterior was recently updated with new paint and a refurbished stairway in 2025. All 6 units have been freshly painted with updated colors. One ground-floor unit (west side) is handicapped accessible. A partial basement houses mechanicals and internet equipment. The property features 19 rear parking spaces and individual metering for each unit, maximizing tenant convenience. Low owner responsibility with only trash and lawn care.
More Information MLS# 60291116
Contract Information
Transaction Type: Sale
Parent/Child: None
Historical District: No
Foreclosure/Short Sale: No
Property Sub-Type: Apartment Building
Begin Date: 2025-04-03
List Price: $1,375,000
Agreement Type: Exclusive Right To Sell
Sign on Property: 1
Location, Tax and Other Information
Inside City Limits: Yes
RE Tax Provided By: Assessor Records
General Property Description
SqFt-Aprx: 7080
SqFt Finsh'd & Unfnsh'd: 5000 or more
Total Monthly Rent: 8950
# Three Bedroom Units: 6
Waterfront/View: None
View: No
Lake/River: None
Aprx Year Built: 1930
Number of Units: 6
Aprx Lot Size (Acres): 0.4
Lot Dimensions: Acres
Elementary School: SGF-Rountree
Middle School: SGF-Jarrett
High School: SGF-Parkview
How to Show
Call Listing Agent: 1
Views
City: 1
Unit Features
All Units: 1
Extra Storage: 1
Washer/Dryer Hookup: 1
Construction
Brick: 1
Utilities
City: 1
Electricity: 1
Separate Meters: 1
Tenant Pays: 1
Water: 1
Cooling
Ceiling Fans: 1
Central: 1
Three Bedroom Units
Three Bed $: Over $400
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Oven/Range: 1
Refrigerator: 1
Baths
Each Unit: 3
Over 2 Per Unit: 1
Heating
Central: 1
Miscellaneous
Smoke Detector: 1
Parking
Paved Area: 1
Roofing Material
Composition: 1
Possession
At Closing: 1
Subject to Tenant Rt: 1
Will Sell
1031 Exchange: 1
Cash: 1
Conventional: 1
Buildings
One Building: 1
Three or More Stories: 1
Streets
Asphalt: 1
Water
City Water: 1
Sewer
City Sewer: 1
Flood Insurance
Not Required: 1
Documents Available
Disclosure: 1
Type of Tenancy
Lease: 1
Location Tax and Other Information
Street #: 1315
Street Direction: East
Street Name/Route: Elm
Suffix: Street
County: Greene
State/Province: MO
Zip Code: 65802
Subdivision: N/A
Parcel ID: 881219207030
Cross Street: National
Real Estate Tax: 4382
Tax Year: 2025
Legal Description: BEG ON N LINE E ELM ST 817.65 FT E OF W LINE RANGE 21 E 108. 85 FT N 160 FT W108.85 FT S TO BEG
Zoning: High Density
Remarks Misc
Directions: North on National and east on Elm
Status Change Info
Status: Active
Property Features
How to Show: Call Listing Agent
Unit Features: All Units; Extra Storage; Washer/Dryer Hookup
Baths: Over 2 Per Unit
Appliances: Dishwasher; Disposal; Microwave; Oven/Range; Refrigerator
Cooling: Ceiling Fans; Central
Heating: Central
Buildings: One Building; Three or More Stories
Construction: Brick
Roofing Material: Composition
Parking: Paved Area
Streets: Asphalt
Miscellaneous: Smoke Detector
Water: City Water
Sewer: City Sewer
Utilities: Electricity; Separate Meters; Tenant Pays; Water
Flood Insurance: Not Required
Documents Available: Disclosure
Type of Tenancy: Lease
Possession: At Closing; Subject to Tenant Rt
Will Sell: 1031 Exchange; Cash; Conventional
Listing Office:
Keller Williams
Last Updated: January - 14 - 2026
Broker Attribution:
klrw369@kw.com
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