- For Sale $3,755,000
- Property Type Multi-Family
- Property Size 25,502 SF
- Units 16
- Lot Size 1.98 Acre
- Building Class B
- Date Updated May 26, 2026
Description
Situated in the northern part of Springfield, these homes are conveniently clustered within walking distance of one another, offering ease of access and neighborhood continuity. The portfolio lies just south of Interstate 44, between National Avenue and Glenstone Avenue—two of the city’s primary commercial corridors. The surrounding area features a strong mix of national and local retailers, including Aldi, AutoZone, Walgreens, DoubleTree by Hilton, Cracker Barrel, and more, providing excellent proximity to major amenities and employment centers.
Lee McLean III, SIOR, CCIM serves as a Senior Advisor for SVN Commercial in the Springfield Missouri metro area. Lee holds the SIOR & CCIM designation, a Brokers-Associate real estate license and ranks in the top 3% of SVN International.SVN is pleased to offer this 16 Unit Single-Family Residential Portfolio For Sale in Springfield, MO at $3,755,000. Each property is a new build with high occupancy providing stable cash flow. The properties feature three bedrooms and two-and-a-half bathrooms, ranging from 1,486 to 1,795 square feet. The properties are leased at or near market rents for the area. They are located near several employment centers such as Hiland Dairy, Prime Trucking Inc., Bass Pro Shops Headquarters, and Loren Cook Company.
Highlights
- # UNITS: 16
- BATHROOMS UNIT: 2.5
- BEDROOMS / UNIT: 3
- PRICE / SF: $147.24 / SF
- PRICE / UNIT: $234,687.50
- SALE PRICE: $3,755,000
- TOTAL LAND SIZE: 1.982 Acres
- TOTAL SIZE: 25,502 SF
- UNIT TYPE: SF-R
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Contacts
Lee McLean III, SIOR, CCIM
SVN | Rankin Company
Location
Located at 1201 E Paragon, Springfield, MO 65803, this property is part of the Doling neighborhood.
Contact Listing Broker
Lee McLean III, SIOR, CCIM
SVN | Rankin Company