2420 East Blaine Street, Springfield, MO 65803
$1,500,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
53,143
Status:
Active
Current Price:
$1,500,000
List Date:
7/09/2025
Last Modified:
7/09/2025
Description
THIS PROPERTY IS CASH-FLOWING AND AT/NEAR 100% OCCUPANCY!!! What a fantastic turn-key property. Apartments are in HIGH demand right now! Don't miss this opportunity to upgrade your investment portfolio! This whole 13 unit apartment building has been FULLY RENOVATED from the studs up and construction was just recently finished!! This apartment building is ready for you to purchase, located at 2420 E Blaine St, Springfield, MO 65803.
Some attributes of this property include:
- 5x Two Bedroom/One Bathroom Units
- 4x One Bedroom/One Bathroom Units
- 4x Three Bedroom/Two Bathroom Units
- Laminate Vinyl Plank Flooring
- Double Pane Vinyl Windows
- Oversized Designated Parking Area
- Laminate Kitchen Counters
- Oven, Dishwasher, and Refrigerator provided
- Utility Closet
- Some Units Coin Operated W&D, Some in Unit
- Smoke Detector & Sprinklers
- Spacious Layout
- Recently Remodeled Neighboring Properties
- Located Near Essential Businesses
- Common Areas Available
- Fully Fenced Pet Park On-Site (Wooden Privacy Fenced)
Don't miss this opportunity to obtain a NEWLY RENOVATED multi-family property in the thriving Greater Springfield Missouri Area. Don't wait to buy real-estate... buy real-estate and wait!
More Information MLS# 60261517
Contract Information
Transaction Type: Sale
Lease Monthly: 12350
Parent/Child: Parent
Foreclosure/Short Sale: No
Property Sub-Type: Apartment Building
Begin Date: 2024-02-19
List Price: $1,500,000
Agreement Type: Exclusive Right To Sell
Location, Tax and Other Information
Inside City Limits: Yes
General Property Description
SqFt-Aprx: 11050
SqFt Finsh'd & Unfnsh'd: 5000 or more
Total Monthly Rent: 12350
# One Bedroom Units: 4
# Two Bedroom Units: 5
# Three Bedroom Units: 4
Waterfront/View: None
Lake/River: None
Aprx Year Built: 1952
Number of Units: 13
Aprx Lot Size (Acres): 1.22
Lot Dimensions: Acres
Elementary School: SGF-Weller
Middle School: SGF-Pipkin
High School: SGF-Central
Views
City: 1
Unit Features
Utility Room: 1
Washer/Dryer Hookup: 1
Amenities
Central Laundry: 1
One Bed Units
One Bed $: Over $350
One Bed SqFt: 501 - 800 SqFt
Construction
Aluminum Siding: 1
Concrete Block: 1
Metal: 1
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
Separate Meters: 1
Tenant Pays Part: 1
Cooling
Central: 1
Three Bedroom Units
Three Bed $: Over $400
Three Bed SqFt: 750 - 1,000 SqFt
Appliances
Dishwasher: 1
Dryer: 1
Oven/Range: 1
Refrigerator: 1
Washer: 1
Baths
1 Per Unit: 1
2 Per Unit: 1
Heating
Central: 1
Forced Air: 1
Miscellaneous
Fire Alarm: 1
Smoke Detector: 1
Sprinklers: 1
Parking
Paved Area: 1
Roofing Material
Flat: 1
Possession
Subject to Tenant Rt: 1
Will Sell
Cash: 1
Conventional: 1
Buildings
One Building: 1
One Story: 1
Streets
Asphalt: 1
Water
City Water: 1
Sewer
City Sewer: 1
Type of Tenancy
Lease: 1
Yearly Net Oper Inc
Over $25,000: 1
Deposits
Deposit Required: 1
Location Tax and Other Information
Street #: 2420
Street Direction: East
Street Name/Route: Blaine
Suffix: Street
County: Greene
State/Province: MO
Zip Code: 65803
Subdivision: Webster Park
Parcel ID: 88-12-08-410-066
Real Estate Tax: 13756.33
Tax Year: 2023
Legal Description: WEBSTER PARK SUB LOTS 7 THRU 10 BLK D & 17 18 & 19 BLK C
Zoning: Apartments
Remarks Misc
Directions: Head North on Glenstone Ave, turn East on E Blaine St, property is on your right.
Status Change Info
Status: Active
Property Features
Unit Features: Utility Room; Washer/Dryer Hookup
Amenities: Central Laundry
Baths: 1 Per Unit; 2 Per Unit
Appliances: Dishwasher; Dryer; Oven/Range; Refrigerator; Washer
Cooling: Central
Heating: Central; Forced Air
Buildings: One Building; One Story
Construction: Aluminum Siding; Concrete Block; Metal; Vinyl Siding; Wood Frame
Roofing Material: Flat
Parking: Paved Area
Streets: Asphalt
Miscellaneous: Fire Alarm; Smoke Detector; Sprinklers
Water: City Water
Sewer: City Sewer
Utilities: Electricity; Separate Meters; Tenant Pays Part
Type of Tenancy: Lease
Yearly Net Oper Inc: Over $25,000
Possession: Subject to Tenant Rt
Will Sell: Cash; Conventional
Deposits: Deposit Required
Listing Office:
Murney Associates - Primrose
Last Updated: July - 09 - 2025
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.