111 & 121 Elm St

For Sale

111 & 121 Elm St, Washburn, MO 65772

Heading northeast on State Hwy 37 N, turn left onto Oak St, then left on Elm St. The property will be at the end of the road on the right.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.

Key features

  • Coin-Operated Washer & Dryer in each building
  • Currently 86% Leased, with Only 1 Unit Vacant
  • Investment Opportunity of 2 Quadplexes
  • Several Upgrades between 2021 and 2025
  • Unit Mix Includes 2 one-beds and 6-two beds

Building Details

  • For Sale $767,000
  • Property Type Multi-Family
  • Property Size 8,000 SF
  • Units 8
  • Lot Size 2.5 Acre
  • Additional Rent Price on request
  • Property Tenancy Multi-Tenant
  • Year Built 1995
  • Year Renovated 2025
  • Date Updated Oct 29, 2026
View Attachment
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Salmonsen Group

Salmonsen Group Real Estate

Location

  • City Washburn, MO
  • Neighborhood Washburn
  • Zip Code 65772
  • Walk score 19/100 Car-Dependent
  • Bike score 27/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

lucky t's

3.79 miles

Superstop

4.28 miles

Murphy USA

7.19 miles

Pizza Hut

7.31 miles

Subway

7.35 miles

Taco Bell

7.46 miles

McDonald's

7.60 miles

Sonic

7.67 miles

Harps

4.19 miles

Walmart Supercenter

7.18 miles

Mercy Hospital Cassville

7.59 miles

Listing Summary

  • Property Financials

    111 & 121 Elm St is currently listed for sale at $767,000 for a price per square foot of $95.88.

  • Property Details

    111 & 121 Elm St totals 8,000 square feet of Multi-Family space on a lot spanning 2.5 acres. The property was initially built in 1995, being last renovated in 2025.

    Tenancy at 111 & 121 Elm St is listed as Multi-Tenant, comprising a total of 8 units.

  • Area Characteristics

    111 & 121 Elm St is located in the Washburn neighborhood.

    In terms of ease of commuting, the area has a walk score of 19, indicating that it is car-dependent.

Contact Salmonsen Group
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.