$1,700,000
West Plains, MO 65775
MLS# 60306152
1 / 71
Property 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
Details
Maps
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
Last Updated: February - 17 - 2026
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