About This Home

This 14-bedroom, 1-bathroom multi-family at 111 & 121 Elm Street in Washburn, MO is listed for $767,000 ($96 per sqft). Built in 1995, the home offers 8,000 sqft of living space on a 2.50 acres lot.

Key Features

  • Built in 1995
  • 2.50 acre lot

Property Details

1 full
1995

Amenities

A/C
Listing Description

Investment opportunity featuring two quadplexes with a total of 8 units, including 2 one-bedroom units and 6 two-bedroom units. Currently 86% eased with only one vacant unit, the property offers established rental income and an opportunity to increase occupancy.

Both buildings have benefited from extensive improvements over the years, including a new parking lot (2025), LVP flooring in all units (2022-2025), updated HVAC systems for 111 Unit 1 (2021) and 121 Units 1&2 (2022), replacement windows on building 121, new gutters (2021-2022), and a master key system (2021-2022).

Conveniently located adjacent to the Southwest School District office, Washburn School, and Southwest High School, with Hwy 31 just 0.2 miles away and Dollar General approx. 0.5 miles away. With a functional unit mix, a history of ongoing capital improvements, and convenient access to nearby schools and amenities, this multifamily property presents an attractive opportunity for investors seeking an income-producing asset.

Monthly Cost Estimate

$4,102/mo

20% down · 6.5% · 30 years

Principal$555
Interest$3,324
Insurance$224

Estimates only. Actual payments may vary.

Location

111 & 121 Elm Street

Washburn, MO 65772

Property Details

Construction

Vinyl Siding

Heating

CentralHeat Pump (Heating)

Cooling

Central Air

Appliances

RangeDishwasherRefrigerator

Questions & Answers

This 14-bedroom, 1-bathroom multi-family at 111 & 121 Elm Street is listed at $767,000 ($96/sqft). The estimated monthly payment is $4,102 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1995, 2.50 acre lot.

This property is listed by Salmonsen Team.

ST

Salmonsen Team

Agent at Keller Williams Market Pro

Listed by Keller Williams Market Pro · Broker phone: 4797812800 · View on Broker Site

MLS# 60337077· Source: Southern Missouri Regional MLS, LLC (SOMO)· 3 days on PropertySimple

Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

111 & 121 Elm Street, Washburn, MO 65772

Open this listing in: