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209 Aid Ave 4 Unit Apartment Building $150,000 ($37,500/Unit) West Plains, MO 65775
Investment Highlights
- Located in Downtown Historic West Plains steps from the community square
- Connectivity via U.S. Highway 63 and Route 160 supports regional mobility
- Accessible location near dining, retail, and community amenities
- Four-unit multifamily structure offering existing income with value-add potential
Executive Summary
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.
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.
Property Facts
| Price | $150,000 | Apartment Style | Low-Rise |
| Price Per Unit | $37,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.41 AC |
| No. Units | 4 | Building Size | 1,594 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1884 |
| Zoning | R3 - Multifamily residential | ||
| Price | $150,000 |
| Price Per Unit | $37,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 1,594 SF |
| No. Stories | 2 |
| Year Built | 1884 |
| Zoning | R3 - Multifamily residential |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 15-8.0-28-002-013-001.00000 | Improvements Assessment | $15,630 |
| Land Assessment | $3,110 | Total Assessment | $18,740 |
Property Taxes
Parcel Number
15-8.0-28-002-013-001.00000
Land Assessment
$3,110
Improvements Assessment
$15,630
Total Assessment
$18,740
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209 Aid Ave
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