$1,375,000
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1315 E Elm Street, Springfield, MO 65802

18 Beds
0 Baths
7,080 Sq Ft

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. All 6 units have been freshly painted with updated colors. 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.

  • MLS# 60291116
  • Date Listed04/03/2025
  • Days on Realty 239 Days
  • Bedrooms 18
  • Bathrooms
  • Lot Size 0.4 acres (17,424 sq. ft)
  • Sewer Public Sewer
  • Subdivision N/A
  • Property Type Multi Family
  • County Greene
  • Year Built 1930
  • Water Public
  • Square Feet 7,080 sq. ft
  • Price Per Sq. Ft $194.21

Interior Features

  • Appliances Range, Disposal, Dishwasher, Refrigerator, Microwave
  • Cooling Ceiling Fan(s), Central Air
  • Heating Central

Exterior / Lot Features

  • Roof Composition
  • Lot Size Acres 0.40
  • Lot Size SQFT 17,424.00
  • Lot Features -

Financial Considerations

  • Tax Amount $3,947
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in MO / 65802

Source: Walkscore

61/100

Somewhat Walkable

Walk Score ®

72/100

Very Bikeable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Biking is convenient for most trips.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 0/100, Bike Score: 48/100.

Property Change History

Property description updated with new details
List Price decreased from $1,400,000 to $1,375,000
Price Per Square Foot decreased from $197.74 to $194.21
Property description updated with new details

Points of Interest near 1315 E Elm Street, Springfield, MO 65802

Frequently Asked Questions for 1315 E Elm Street

Source: Realty.com

1315 E Elm Street, Springfield, MO 65802 is a Multi Family, Residential Income property listed for $1,375,000 The property is 7080 sq. ft with 18 bedrooms and 0 bathrooms

Realty.com has 53 photos of 1315 E Elm Street.

Our records indicate that 1315 E Elm Street was built in 1930.

The full address for this home is 1315 E Elm Street, Springfield, MO 65802.

1315 E Elm Street has been listed on Realty.com since Thu April 03, 2025

Some errands can be accomplished on foot. It is possible to get on a bus. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 0/100, Bike Score: 48/100.

There are 3 schools assigned to this home. Check out the schools near 1315 E Elm Street. Phelps Gifted Center (Grades: 1 - 8), Jarrett Middle School (Grades: 6 - 8), Excel Center - Springfield (Grades: 9 - 12)

Listing provided courtesy of: Keller Williams (tel: 417-883-4900)
Listing agent: Wem Oaks (tel: 417-204-9033) (#512006767)

This content last refreshed on 2025-11-28 13:17:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 1315 E Elm Street, Springfield, MO 65802 : MLS# 60291116