$1,379,000
Mountain Grove, MO 65711
MLS# 60325160
2 beds | 2 baths | 1000 sqft
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Property Description
INVESTORS! 1031 EXCHANGE OPPORTUNITY! TURNKEY 10-UNIT MULTIFAMILY PACKAGE + BUILDABLE LOT! First Time Ever on the Market! Don't miss this rare opportunity to own a well-maintained, fully occupied multifamily investment property in a prime, convenient location in Mountain Grove, Missouri! This turnkey package features 5 duplex buildings totaling 10 rental units, plus an additional vacant lot with the potential to build another duplex! Ideal for investors looking to expand their portfolio, complete a 1031 exchange, or capitalize on a property with potential to increase rental income. Property Highlights: 10 rental units across 5 duplex buildings 100% occupied with established rental history 4 units featuring 2 bedrooms and 1.5 bathrooms 6 units featuring 2 bedrooms and 2 bathrooms Approximately 1,000 sq. ft. per unit / 2,000 sq. ft. per building Oversized one-car garage for each unit Private back decks All roofs less than 8 years old Additional vacant lot with potential for construction of another duplex With its strong rental history, desirable location, and potential for future income growth, this is an exceptional opportunity to acquire a substantial rental portfolio in one package. Financial information available to pre-approved buyers upon submission of a Letter of Intent (LOI). Opportunities to purchase a fully occupied 10-unit package with additional development potential are rare. Whether you're expanding your holdings or exploring a 1031 exchange, don't miss your chance to make this investment your next addition!
Details
Maps
Documents
Contract Information
Property Sub-Type: Duplex
Type of Duplex: Duplex
Vacation Rental: No
Begin Date: 2026-05-31
List Price: $1,379,000
List Price/Total SqFt: 1379
Parent/Child: Parent
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell
Keywords
Stories: 1
Elementary School: Mountain Grove
Middle School: Mountain Grove
High School: Mountain Grove
General Property Description
Total Bedrooms: 2
Split Bedroom: No
Baths - Full: 1
Baths - Half: 1
Baths - Total: 2
Above Grade Fin SqFt: 1000
Total Finished SqFt (All Levels): 1000
Total SqFt: 1000
SqFt Provided By: previous appraisal
Aprx Year Built: 1994
Garage/Carport: 1
Total Garage/Carport Stalls: 1.5
# Attached Garage Spaces: 1.5
Aprx Lot Size (Acres): 0.32
Basement: No
Waterfront/View: None
Lake/River/Creek: None
Propane Tank: No
Listing Info
Owner Agent: Yes
Related to Owner: Yes
Fireplace Features
Fireplace: No
Home Association Info
Home Owners/Condo Owners Association: None
Shop Building Features
Shop Building: No
Location Tax and Other Information
Street #: 1000-1011
Street Direction: East
Street Name/Route: 15th
Suffix: Street
County: Wright
State/Province: MO
Zip Code: 65711
Parcel ID: 21-2.0-04-1-004-004.01
Subdivision: N/A
Real Estate Tax: 4912.91
Tax Year: 2025
Remarks Misc
Directions: From Highway 60 take Highway 95 south into Mountain Grove. Turn East on 17th Street and go to stop sign. Turn right or south on Hovis then left on E. 15th Street. Duplexes are at the end of the culdesac.
Status Change Info
Status: Active
Property Features
Utility Room: Main Floor
Dining: Island; Kitchen/Dining Combo
Attic: None
Appliances: Cooktop-Electric; Dishwasher; Disposal
Flooring: Carpet; Laminate; Linoleum; Luxury Vinyl
Cooling: Central
Cooling Source: Gas
Heating: Forced Air
Heating Source: Natural Gas
Green Energy Efficient: Thermostat
Architecture: Ranch
Patio and Porch Features: Front Porch
Parking Features: Driveway; Garage Door Opener; Side By Side
Window Features: Blinds
Construction Materials: Brick-Partial; Vinyl Siding
Foundation: Crawl Space; Piers
Roofing Material: Asphalt
Lot Features: Cul-De-Sac; Level
Water: City Water
Sewer: Public Sewer
Road Frontage: City Street
Road Surface: Street - Asphalt
Will Sell: Cash; Conventional
Flood Insurance: Not Required
Possession: Subject to Tenant Rts
Documents Available: Aerial Photo
Warranty Type: None
Measurement Disclosure 
Listing Office: EXP Realty, LLC.
Last Updated: October - 18 - 2026
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