* * Investment opportunity just minutes from downtown Springfield! * * This well maintained 6-unit multifamily property offers established rental income with * * 5 of 6 units currently occupied and approximately $3,000 in monthly rental income. * * Owner-paid utilities average approximately * * $530 per month * * based on historical expenses. Each unit offers its own living space and private entrance, providing tenants with convenience and privacy. The property has seen numerous updates, including newer plumbing, toilets, flooring, appliances, and roof. Additional features include back parking and a two-car garage. With a convenient location near downtown Springfield and established rental history, this property offers an opportunity for an investor looking to add a multifamily income-producing property to their portfolio. Property to be sold in its present, as is condition.
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Around this home
Schools
K - 12
Preschool & daycare
Mcgregor Elementary School
Public K-5 • Assigned • 0.6mi
4/10
Study Middle School
Public 6-8 • Assigned • 2.2mi
3/10
Parkview High School
Public 9-12 • Assigned • 1.2mi
4/10
Provided by GreatSchools
About West
Central
West Central, located between Downtown Springfield and Drury University, is a historic and artsy Springfield neighborhood with brick storefront blocks and porch-lined streets. The neighborhood’s character concentrates around West Walnut Street near Park Central Square, where galleries, coffee counters, and small stages spill light onto the sidewalks. The Gillioz Theatre anchors nights of live music and touring acts, while the Springfield Art Museum adds a steady rhythm of exhibitions and events. Early-20th-century bungalows and restored Victorians sit beside converted warehouses and studio spaces. Sidewalk grids and pocket greens keep daily routines on foot. Rail corridors and commercial strips frame the edges, giving the area an urban, workshop feel.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Finished basement
Carpet flooring
Flooring
Carpet
Heating & cooling
Baseboard heating
Central air
Ceiling fan(s)
Window unit(s)
Wall unit(s)
Exterior features
Public water
Public sewer
Sewer available
Natural gas available
Electricity available
Lot size 0.18 acres
Residential zoning
Directions: From Kansas Expwy, turn East on Walnut; From S Grant, turn West on Walnut
Home design
Residential Income
Multi Family
Vinyl siding
Parking
Attached garage
2 garage spaces
On-street parking
Construction
Vinyl siding
Utilities
Public water
Public sewer
Natural gas available
Electricity available
Financial info
$981.47 annual tax
Electricity and solar
View estimated energy costs and solar savings for this home
The R-LD district is intended to accommodate multifamily developments at densities up to approximately 18 units per acre and is intended to serve as a transition between lower density and higher density residential districts. This district is intended for areas that have access for vehicular traffic from collector or higher classification streets without traversing minor streets in adjoining residential neighborhoods. New single-family dwellings are not permitted to ensure that vacant land set aside for multifamily development is not preempted by less intense development.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Educational / school
Fire house
Police station
Communications tower
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 104° expected this year, 19 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Springfield, MO • 65806
Average low and high temperatures (°F)
41
22
52
30
68
42
72
51
75
56
85
68
90
73
88
68
84
61
72
53
61
41
51
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 806 W Walnut St
There isn’t enough information to generate an accurate estimate at this time. Learn More