209 Aid Ave - Apartments FOR SALE


West Plains, MO 65775
$150,000 USD
417-293-6749
209 Aid Ave, West Plains, MO for Sale
$150,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

209 Aid Ave
West Plains, MO 65775


HIGHLIGHTS

  • Located in Downtown Historic West Plains steps from the community square
  • Accessible location near dining, retail, and community amenities
  • Connectivity via U.S. Highway 63 and Route 160 supports regional mobility
  • Four-unit multifamily structure offering existing income with value-add potential

OVERVIEW

This four-unit multifamily property presents a unique opportunity to acquire an income-generating asset in the heart of Downtown Historic West Plains. Located just off the town square, the property offers current rental potential with the flexibility to maintain as-is or undertake targeted upgrades to reposition the units for nightly or monthly leasing strategies. The two-story structure showcases a white exterior and gray roofing, with entry stairs leading to well-lit interiors featuring floor-to-ceiling windows. The layout includes kitchens equipped with essential appliances, functional bathrooms with tiled flooring, and natural light that enhances the livability of each space. Situated within walking distance of local shopping, dining, and essential services, this property is ideally suited for capturing demand from both long-term tenants and transient guests. West Plains benefits from a central Ozarks location with strong connectivity via U.S. Highway 63 and State Route 160, and it serves as a retail, healthcare, and education hub for Howell County. Properties near the historic square are in limited supply, underpinning the long-term stability and appeal of this investment.

FOR SALE DETAILS

PRICE

$150,000 USD

PRICE/SF

$94 USD /SF

# OF UNITS

4

PRICE/UNIT

$37,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1884

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

R3

APN/PARCEL ID

15-8.0-28-002-013-001.00000

ASK ABOUT THIS PROPERTY

Shaun DugginsWestgate Realty, IncMore Info
417-293-6749

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Shaun DugginsWestgate Realty, IncMore Info
417-293-6749

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.