1448 North Benton Avenue, Springfield, MO 65802 (MLS# 60336306)


$1,375,000
1448 North Benton Avenue
Springfield, MO 65802
MLS# 60336306
Status: Pending



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Property Description
The Oaks Apartments offers a rare opportunity to acquire a 21-unit multifamily property in a well-connected Springfield location, with virtually no comparable properties currently available on the market. The community features a mix of one- and two-bedroom apartments, many occupied by long-term residents, and maintains a low vacancy rate. Its proximity to Cox College, Cox North Hospital, Drury University and downtown Springfield supports demand from a diverse tenant base, while nearby public transportation provides residents with convenient access to employment, education, healthcare and city amenities. This combination of limited market availability, established occupancy and strategic location makes The Oaks Apartments a compelling addition to a multifamily investment portfolio.

Details
Maps
Contract Information
Property Sub-Type: Apartment Building
Begin Date: 2026-10-14
Transaction Type: Sale
List Price: $1,375,000
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell
General Property Description
SqFt-Aprx: 15258
SqFt Finsh'd & Unfnsh'd: 5000 or more
Aprx Year Built: 1963
Total Monthly Rent: 14290
Number of Units: 21
# One Bedroom Units: 11
# Two Bedroom Units: 10
Aprx Lot Size (Acres): 0.64
Lot Dimensions: Acres
Garage/Carport: 1
Total Garage/Carport Stalls: 1
# Attached Carport Spaces: 1
Elementary School: SGF-Boyd
Middle School: SGF-Pipkin
High School: SGF-Central
Waterfront/View: None
Lake/River: None
Listing Info
Owner Agent: No
Baths
Each Unit: 1
Location Tax and Other Information
Street #: 1448
Street Direction: North
Street Name/Route: Benton
Suffix: Avenue
County: Greene
State/Province: MO
Zip Code: 65802
Subdivision: N/A
Parcel ID: 1313202008
Real Estate Tax: 5981.87
Tax Year: 2025
Legal Description: Beg 232 Ft S Se Cor Benton & Division Sts S 100 Ft E 280 Ft N 100 Ft W To Beg
Zoning: R-MD
Section: 13
Township: 29n
Remarks Misc
Directions: From Chestnut Expressway, head north on N Benton Ave. Property is located in Historic Midtown, near Cox North Hospital and Drury University, on the east side of the street, just south of Division.
Status Change Info
Status: Pending
Under Contract Date: 2026-10-17
Property Features
Amenities: Central Laundry
Appliances: Dishwasher; Disposal; Oven/Range; Refrigerator
Cooling: Window Unit(s)
Heating: Central
Buildings: One Building; Two Stories
Construction: Brick; Solid Masonry
Roofing Material: Flat
Parking: Paved Area
Miscellaneous: Smoke Detector
Water: City Water
Sewer: City Sewer
Utilities: Electricity; Sewer; Trash; Water
Flood Insurance: Not Required
Documents Available: Financial Records
Type of Tenancy: Monthly
Yearly Net Oper Inc: Over $25,000
Possession: At Closing
Will Sell: 1031 Exchange; Conventional
Deposits: Deposit Required

IDX
Listing Office: AMAX Real Estate

Last Updated: October - 18 - 2026

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