2420 East Blaine Street, Springfield, MO 65803

$1,500,000
Property Type: Commercial-All Types Baths: 18 Square Footage: 11,050 Lot Size (sq. ft.): 53,143 Status: Active
Current Price: $1,500,000 List Date: 7/09/2025 Last Modified: 9/08/2025

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# 60261518

Contract Information

Construction Status: Existing Transaction Type: Sale List Price/SqFt: 135.75 Parent/Child: Child Parent MLS #: 60261517 Foreclosure/Short Sale: No Property Sub-Type: Other Begin Date: 2024-02-19 List Price: $1,500,000 Monthly Rent: 12350 Agreement Type: Exclusive Right To Sell

Location, Tax and Other Information

Inside City Limits: Yes

General Property Description

SqFt - Vacant: 0 SqFt - Office Space: 0 SqFt - Retail Space: 0 Waterfront/View: None Lake/River: None Baths - Total: 18 Total SqFt: 11050 Aprx Year Built: 1952 Number of Units: 13 Aprx Lot Size (Acres): 1.22 Lot Dimensions: Acres

View

City: 1

Business Type

Apartments: 1

Cooling

Central: 1 Electric: 1

Fencing

Privacy: 1 Wood: 1

Heating

Forced Air: 1 Electric: 1

Land Status

Land Included: 1

Miscellaneous

Inside Storage: 1 Laundry Facilities: 1 Living Area in Building: 1 Private Restrooms: 1 Ramp: 1 Smoke Detectors: 1 Sprinkler: 1 Water Heater-Electric: 1

Parking

20+ Spaces: 1 Parking Area: 1 Paved: 1 Private Drive: 1

Roof

Flat Roof: 1

Utilities Available

Electric: 1 Public Sewer: 1 Public Water: 1 Separate Meters: 1 Tenant Pays: 1

Lot Description

Level: 1

Docs on File

Aerial Photo: 1 Disclosure: 1 Rent Roll: 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, Property will be on your right.

Status Change Info

Status: Active

Property Features

Business Type: Apartments Cooling: Central; Electric Heating: Electric; Forced Air Land Status: Land Included Miscellaneous: Inside Storage; Laundry Facilities; Living Area in Building; Private Restrooms; Ramp; Smoke Detectors; Sprinkler; Water Heater-Electric Parking: 20+ Spaces; Parking Area; Paved; Private Drive Roof: Flat Roof Utilities Available: Electric; Public Sewer; Public Water; Separate Meters; Tenant Pays Lot Description: Level Fencing: Privacy; Wood Docs on File: Aerial Photo; Disclosure; Rent Roll
Listing Office: Murney Associates - Primrose
IDX
Last Updated: September - 08 - 2025
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