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Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision The Grove In Oak Grove
MLS Listing ID 2624093
Sold Date 07/23/26
HOA Fees $160/ann
Annual Tax Amount $6,046
Lot Size 0.544 Acres
Acres 0.54444444
Property Sub-Type Quadruplex
Source hmls
Property Description
Strong cash-flow opportunity with broad tenant appeal. This fourplex features an attractive unit mix of two spacious 3-bedroom, 2.5-bath units and two desirable 2-bedroom, 2.5-bath units, each with an attached one-car garage—a feature that consistently enhances tenant demand and retention. The two-story floorplans offer functional living space that appeals to long-term renters, while the slab foundation and low-maintenance vinyl siding help minimize future maintenance costs. Tucked at the end of the street against a backdrop of mature trees and greenspace, the property offers a private setting rarely found in multifamily investments. Located in an area with proven rental demand, these units have historically been easy to lease, making this an ideal addition to a growing portfolio or a turnkey opportunity for investors seeking stable income and long-term appreciation potential. There may be the potential for an investor to divide the building into individual units for an even greater ROI. Buyer to do their own due diligence with regards to the potential of subdividing the property.
Location
State MO
County Jackson
Zoning Multi
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Free-Standing Electric Oven
Laundry Inside
Exterior
Parking Features true
Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Frame,Vinyl Siding
Schools
Elementary Schools Oak Grove
Middle Schools Oak Grove
High Schools Oak Grove
School District Oak Grove
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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