$1,400,000
Nixa, MO 65714
MLS# 60304783
Status: Closed
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Property Description
LOCATION LOCATION LOCATION! Great Investment Opportunity in this 10 unit, 4 buildings (3 duplexes & 1 four-plex) investment on 2 lots that make up an acre of ground in desirable area between Nixa & Springfield just off CC and 160. Each of the 10 units is 2 bed, 2 baths (3 are 1.5 bath) with garages (4 units have 2 car and 6 units have 1 car garage). Long term tenants that have fulfilled their leases and are currently month to month, so the new landlord can adjust rents to market value. Similar neighboring properties are renting for $1,100-1,300 per month which would put a conservative estimate at $11k/month or $132k/year. Some tenants have lived there over 10 years with no increase, rents were intentionally kept low to ensure occupancy. Units were updated over the years as tenants moved out, so some are more updated than others. Some roofs are new and some are older. Owner is not aware of any outstanding issues with the properties, just general maintenance and intends to sell the property in it's 'as is' condition. One unit is currently empty so prospective buyers may view layout. Please do not disturb other tenants.
Details
Contract Information
Transaction Type: Sale
Foreclosure/Short Sale: No
Property Sub-Type: Duplex/Triplex/Fourplex
Begin Date: 2025-09-16
List Price: $1,400,000
Agreement Type: Exclusive Right To Sell
Location, Tax and Other Information
Inside City Limits: No
RE Tax Provided By: Assessor Records
General Property Description
SqFt-Aprx: 13341
SqFt Finsh'd & Unfnsh'd: 5000 or more
Total Monthly Rent: 7372.66
# Two Bedroom Units: 10
Waterfront/View: None
# Attached Garage Spaces: 14
# Detached Garage Spaces: 0
# Detached Carport Spaces: 0
Lake/River: None
Aprx Year Built: 1986
Number of Units: 10
Aprx Lot Size (Acres): 1.03
Lot Dimensions: Acres
Garage/Carport: 1
Total Garage/Carport Stalls: 14
Elementary School: NX High Pointe/Summit
Middle School: Nixa
High School: Nixa
Status Change Info
Price Disclosed: Yes
Status: Closed
Under Contract Date: 2025-09-20
Sold Date: 2025-11-03
Listing Info
Owner Agent: No
How to Show
Call Listing Agent: 1
Views
City: 1
Unit Features
Carpet: 1
Fireplace: 1
Patio/Balcony: 1
Utility Room: 1
Washer/Dryer Hookup: 1
Construction
Brick: 1
Cedar: 1
Wood Frame: 1
Two Bed Units
Two Bed $: Over $450
Two Bed SqFt: Over 1,000 SqFt
Utilities
City: 1
Electricity: 1
Gas: 1
Sewer: 1
Tenant Pays: 1
Cooling
Ceiling Fans: 1
Central: 1
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Oven/Range: 1
Baths
Each Unit: 2
2 Per Unit: 1
Heating
Central: 1
Forced Air: 1
Parking
One Per Unit: 1
Two or More: 1
Roofing Material
Composition: 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
Two Stories: 1
Streets
Asphalt: 1
Curbs: 1
Water
City Water: 1
Sewer
City Sewer: 1
Flood Insurance
Not Required: 1
Type of Tenancy
Lease: 1
Yearly Net Oper Inc
Over $25,000: 1
Location Tax and Other Information
Street #: 274-310
Street Direction: West
Street Name/Route: Streamside
Suffix: Court
County: Christian
State/Province: MO
Zip Code: 65714
Subdivision: James River Plaza
Parcel ID: 050736003001035000 & 050736003001034000
Real Estate Tax: 3178.1
Tax Year: 2024
Legal Description: LOT 3 JAMES RIVER PLAZA & LOT 4 JAMES RIVER PLAZA
Zoning: Residential
Remarks Misc
Directions: From Springfield, south on Campbell to east on HWY CC, right on Sycamore, right on Plaza and left on Streamside Ct.
Property Features
How to Show: Call Listing Agent
Unit Features: Carpet; Fireplace; Patio/Balcony; Utility Room; Washer/Dryer Hookup
Baths: 2 Per Unit
Appliances: Dishwasher; Disposal; Microwave; Oven/Range
Cooling: Ceiling Fans; Central
Heating: Central; Forced Air
Buildings: Four or More Buildings; One Story; Two Stories
Construction: Brick; Cedar; Wood Frame
Roofing Material: Composition
Parking: One Per Unit; Two or More
Streets: Asphalt; Curbs
Water: City Water
Sewer: City Sewer
Utilities: Electricity; Gas; Sewer; Tenant Pays
Flood Insurance: Not Required
Type of Tenancy: Lease
Yearly Net Oper Inc: Over $25,000
Possession: At Closing; Subject to Tenant Rt
Will Sell: 1031 Exchange; Cash; Conventional
Listing Office: EXP Realty LLC
Last Updated: November - 04 - 2025
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