Multi-Family for Sale: 409 3rd Street, Joplin, MO 64801
3,100 sqft
$135,000
$135,000
409 3rd Street,
Joplin, MO 64801
3,100 sqft
$135,000
Price:
$135,000
Est. payment: Skip to Mortgage Calculator
Type Multi-Family
Style 2 Story
Square Feet 3,100 sqft
Year Built 1920
Taxes Paid $735
City Joplin
County Jasper
Subdivision Murpheysburg
MLS 250593
Status Active
DOM 3 days
Architectural Heritage Meets Investment Opportunity: A Comprehensive Property Analysis
Historical Context and Structural Overview:
This remarkable two-story residence represents more than just a real estate asset—it's a testament to architectural preservation combined with modern investment potential. Located within a cherished historical district, the property embodies the delicate balance between preserving architectural heritage and meeting contemporary housing needs.
Architectural Configuration:
Imagine a versatile residential structure strategically divided into two distinct living spaces, each offering unique advantages for potential occupants or investors:
Upstairs Apartment:
The upper unit presents a spacious three-bedroom, two-bathroom configuration. This layout provides ample living space for families or professionals seeking room for personal and work activities. The generous bedroom count allows for flexible usage—perhaps a primary bedroom, home office, and guest accommodations.
Downstairs Apartment:
The ground-level unit offers a more compact yet equally functional two-bedroom, 1.5-bathroom arrangement. This layout is ideal for smaller households, couples, or individuals desiring an efficient living environment.
Shared Property Features:
Both apartments are equipped with laundry hookups, eliminating the common inconvenience of shared laundry facilities and providing residents with convenient, private laundering options.
Structural and Practical Elements:
- Basement: A full-size unfinished basement presents numerous possibilities—potential storage, future renovation opportunities, or additional development potential
- Lot Configuration: Situated on a spacious corner lot with perimeter fencing, offering privacy and expandable outdoor living potential
- Climate Control: Central gas heating and air conditioning ensure consistent, efficient temperature management
- Parking Infrastructure: Combination of driveway and street parking accommodates multiple vehicles
Investment Perspective:
For the astute real estate investor, this property represents a multifaceted opportunity:
- Dual-unit configuration allows for diverse income streams
- Historical district and downtown location suggests potential property value appreciation
- Flexible living spaces appeal to various tenant demographics
- Minimal immediate renovation requirements
Potential Investor Considerations:
Prospective buyers should carefully evaluate:
- Rental market dynamics in the historical district
- Potential renovation or modernization investments
- Long-term appreciation potential
- Maintenance requirements of a historical property
Educational Insight:
Investing in historical properties requires a nuanced understanding of preservation, potential, and practical functionality. This property exemplifies how architectural heritage can coexist with modern investment strategies.
Invitation for Further Exploration:
We recommend a comprehensive property inspection and consultation with local real estate professionals to fully understand this unique investment opportunity. Each architectural detail tells a story, and each space holds potential waiting to be unlocked.
Room Features
Basement Unfinished
Lot & Building Features
Cooling Multi Units
Heating Multi-Unit
Taxes Paid $735
Price History of 409 3rd Street, Joplin, MO
Date | Name | Price | Difference |
---|---|---|---|
02/04/2025 | Listing Price | $135,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
![Photo of Trudy Flynn](image_cache/300_c3/1682166808_c3561103983ff22068ca13d54178170f.png)
Listed by KELLER WILLIAMS REALTY ELEVATE, J. Lowe & Associates, Judy Lowe
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409 3rd Street (MLS #250593) is a 2 story multi-family listing located in Joplin, MO. This property was listed on 02/04/2025 and has been priced for sale at $135,000.
Nearby zip codes are 64804.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: KELLER WILLIAMS REALTY ELEVATE |