$237,000

824 W Elm Street, Springfield, MO 65806

  • 4 beds |
  • 3 baths |
  • 1,648 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1912
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $144/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

Great opportunity to live in one unit and rent the other or add a cash flowing property to your portfolio. This versatile property features two living spaces on one lot, providing built-in income from day one.The main home (824 W Elm St) offers 3 bedrooms, 2 baths and 1,216 sq ft and is currently leased for $1,150 per month. The separate upstairs apartment (826 W Elm St) includes 1 bedroom, 1 bath and 432 sq ft with its own private entrance and currently rents for $675 per month.Both units have already been remodeled and updated, making this a turnkey investment with a current combined monthly income of $1,825. Current rents are below market, offering additional upside and opportunity for increased cash flow over time.Whether you're an investor looking for solid rental income or a buyer wanting to offset your mortgage by renting the second unit, this property offers flexibility and income potential.Conveniently located near downtown Springfield, schools, restaurants, and everyday amenities.

Listing Status:
Active
Data Last Updated:
April 6, 2026 at 7:22AM
Listing Office:
EXP Realty LLC : (866) 224-1761
Listing Agent:
Dana R. Ingle : (417) 425-4826
MLS ID:
60308872
  • A/C: ElectricCentral Air
  • Heating: Forced AirOther - See Remarks
  • Other Structures: Front Porch
  • General: Two
  • Originating MLS: somo
  • County: Greene
  • Zoning: MC CLUERS M M ADD E1/2 LOT 65 BLK 181323140001
  • View: City
  • Water: City
  • Sewer: Public Sewer
  • Source: somo

This listing courtesy of Dana R. Ingle , EXP Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

McGregor Elementary School

1221 W Madison St, Springfield, MO, 65806

Grades KG-5

0.44 miles away

J

Jarrett Middle School

840 S Jefferson Ave, Springfield, MO, 65806

Grades 6-8

0.76 miles away

P

Phelps Gifted Center

934 S Kimbrough Ave, Springfield, MO, 65806

Grades 1-12

0.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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