Viewing Listing MLS# 60291116

$1,375,000 Reduced -$25,000
1315 East Elm Street
Springfield, MO 65802
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • 7,080SqFt
  • 1930Year Built
  • 0.40Acres
  • MLS# 60291116
  • Multifamily
  • Apartment Building
  • Active

  • Approx Time on Market3 months, 26 days
  • AreaGreene
  • CountyGreene
  • Subdivision N/a

Overview

A prime investment opportunity just minutes from MSU! This 6-unit apartment building is designed for sustained value and tenant satisfaction. Each of the six units offers a desirable three-bedroom, three-bathroom configuration, with two units on each level, and secure coded entries at the front and rear. The property underwent an extensive renovation in 2016, ensuring reduced maintenance and long-term reliability. Upgrades include a new roof, windows, shutters, and fully modernized interiors with new electrical, plumbing, fixtures, insulation, cabinets, flooring (hardwood in living areas, carpet in bedrooms, tile in bathrooms), and appliances. The exterior was recently updated with new paint and a refurbished stairway in 2025. 4 of the 6 bedrooms have been freshly painted with updated color and the remaining 2 are on the schedule to get all new paint in June. One ground-floor unit (west side) is handicapped accessible. A partial basement houses mechanicals and internet equipment. The property features 19 rear parking spaces and individual metering for each unit, maximizing tenant convenience. Low owner responsibility with only trash and lawn care.



Association Fees / Info

Hoa:  No

Bathroom Info

Baths Each Unit:  3

Baths:  Over 2 Per Unit

Building Info

Roofing Material:  Composition

New Or Under Construction:  No

Year Built:  1,930

Construction:  Brick

Transaction Type:  Sale

Financial

Type of Tenancy:  Lease

Flood Insurance:  Not Required

Bedroom Units Price:  Over $400

Garage / Parking

Parking:  Paved Area

Interior Features

Appliances:  Oven/Range, Disposal, Dishwasher, Refrigerator, Microwave

Lot Info

Acres:  0.40

Marina Info

Docks Slip:  No

Misc

Historical District:  No

Miscellaneous:  Smoke Detector

Inside City Limits:  Yes

Other

Foreclosure:  No

Property Info

View:  No

Buildings:  One Building, Three or More Stories

Streets:  Asphalt

Zoning:  High Density

County:  Greene

Property Type:  B

View:  City

Cross Street:  National

Sale / Lease Info

Will Sell:  Cash,1031 Exchange,Conventional

Possession:  At Closing,Subject to Tenant Rt

SqFt Info

Sqft:  7,080

Sqft Finshd Unfnshd:  5000 or more

Tax Info

Tax Year:  2,023

Re Tax Provided By:  Assessor Records

Unit Info

Num Three Bedroom Units:  6.00

Num Units:  6

Unit Features:  All Units, Washer/Dryer Hookup, Extra Storage

Utilities / HVAC

Water:  City Water

Heating:  Central

Cooling:  Central, Ceiling Fans

Sewer:  City Sewer

Utilities:  City, Tenant Pays, Separate Meters, Water, Electricity

Waterfront / Water

Lake River:  None

Waterfront View:  None

Schools

Elem:  Sgf-Rountree

Middle:  Sgf-Jarrett

High:  Sgf-Parkview

Courtesy of listing office Keller Williams 

Mortgage Calculator

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Price & Status History (on bransontothelake.com since Thu, Apr 3rd 2025)
  • Original Price: $1,400,000
  • Current Price: $1,375,000
  • Price Reduced: $25,000
Date ChangedFromTo
07/07/2025$1,400,000 $1,375,000 Reduced by $25,000

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