408 South Mulberry Street

Warrensburg, MO 64093

$825,000
Price
—
Beds
3,993 Sq. Ft.
$207 / Sq. Ft.
3,993
Sq. Ft.
$207
per Sq. Ft.

Description

This highly desirable 8-plex at 408 N Mulberry Drive is an exceptional investment opportunity located near both the University of Central Missouri and Whiteman Airforce Base in Warrensburg. Comprising four two-bedroom units and four one-bedroom units, the property has seen significant updates, including exterior painting, landscaping, and partial interior remodels, with only one unit left for a refresh. The complex is within walking distance of the university, making it particularly appealing to...This highly desirable 8-plex at 408 N Mulberry Drive is an exceptional investment opportunity located near both the University of Central Missouri and Whiteman Airforce Base in Warrensburg. Comprising four two-bedroom units and four one-bedroom units, the property has seen significant updates, including exterior painting, landscaping, and partial interior remodels, with only one unit left for a refresh. The complex is within walking distance of the university, making it particularly appealing to student renters. Tenants are responsible for all utilities, with the exception of mowing and trash services, keeping operating costs low. A spacious parking lot accommodates residents, further enhancing the property’s convenience. With the potential to increase rental income by adding washer and dryer hookups to the two-bedroom units, this property offers excellent value and room for growth. Don't miss this opportunity to invest in a prime location with consistent demand. Property Management in place and available.
  1. Listed by Eva Norton • Real Broker, LLC • 660-422-1819

Property Details for 408 South Mulberry Street

Zoning
R4
LISTING UPDATED: 11/09/2024 04:42 PM

Property Details for 408 South Mulberry Street

StatusActive
MLS #2515715
Days on Market15
Taxes$2,453 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1970
CountyJohnson County

Building Information for 408 South Mulberry Street

Building/Complex408 S Mulberry StFloor-Stories1Residences8Pet Policy-Year Built1970Building Size-

Property Information for 408 South Mulberry Street

Summary
Location and General Information
  • City: Warrensburg
  • County Or Parish: Johnson, MO
  • Directions: West on Gay St. North on Mulberry St.
  • Latitude: 38.759814
  • Longitude: -93.748162
  • MLS Area Major: 220 - Johnson County, Mo
  • Zip Code: 64093
  • State Or Province: MO
  • Subdivision: None
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Abatement YN: No
  • Tax Special Amount: 0
  • Tax Annual Amount: $2,453.00
  • Parcel Number: 12702601002001500
  • Tax Annual Amount: $2,453.00
School Information
  • High School District: Warrensburg R-VI
Parking
  • Garage: No
  • Parking Features: Assigned, Paved
  • Parking Total: 16.0
Property
Lot Information
  • Building Area Total: 3993.0
  • Lot Size Area: 21,959.00
  • Lot Size Source: Public Records
  • Lot Size SqFt: 21,959.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Brick
  • Documents Available: Financial Details, Lease Agreements, Management Agree
  • Documents Count: 1
  • Age Description: 51-75 Years
  • FEMA 100 Yr Flood Plain: No
  • Legal Description: SOL SOUTH LT 005 144X150FT SE COR
  • Special Documents Required YN: 0
  • Type Of Management: Off-Site Mgmt
  • Listing Agreement: Exclusive Agency
  • Photos Count: 30
  • Year Built: 1970
Utilities
  • Sewer: City/Public
  • Utilities: Separate Meters
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: No
  • Roof: Composition
Interior Features
  • Basement YN: No
  • Bathrooms Total: 0
  • Unit Type: 1 Bedroom, 2 Bedroom
  • Cooling: Electric
  • Central Air YN: Yes
  • Heating: Electric
  • Stories Total: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Gross Income: $82,350.00
  • Maintenance Provided YN: No
  • Operating Expense: $9,851.00
  • Operating Expense Includes: Maintenance, Other, Insurance, Real Estate Tax, Refuse Collection
Unit 1
  • Unit Type: Unit Equipment: Dishwasher,Range/Oven,Refrigerator
  • Unit Type: Unit Rent Includes: Lawn Maintenance,Parking,Refuse Collection,Snow Removal
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 2 Bedroom
  • Unit Type: Units Total: 4
Unit 2
  • Unit Type: Unit Equipment: Dishwasher,Hot Water Heater,Range/Oven,Refrigerator
  • Unit Type: Unit Rent Includes: Lawn Maintenance,Parking,Refuse Collection,Snow Removal
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 1 Bedroom
  • Unit Type: Units Total: 4
Rental
Rent Information
  • Current Occupancy Rate: Over 95%
  • Deposit: Western Missouri Title Company
  • Existing Lease Terms: One Year Lease

Property History for 408 South Mulberry Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 408 South Mulberry Street

Taxable ValueLand-Additions-Total-
Home Facts
Total Finished SqFt3,993 SqFtAbove Grade Finished SqFt3,993 SqFtStories1Lot Size21,600 SqFtStyleMulti-Family Res (5+ Units)Year Built1970CountyJOHNSONAPN12-70-26-01-002-0015.00

Schools near 408 South Mulberry Street

This home is within Warrensburg R-Vi School District.
Rating
School
Type
Grades
Distance
Maple Grove Elementary
Public - PK to 2
Martin Warren Elementary School
Public - 3 to 5
Warrensburg Middle School
Public - 6 to 8
Warrensburg High School
Public - 9 to 12
Rating
School
Distance
Maple Grove Elementary
PublicPK to 2

Martin Warren Elementary School
Public3 to 5

Warrensburg Middle School
Public6 to 8

Warrensburg High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 408 South Mulberry Street, Warrensburg, MO 64093

408 South Mulberry Street is a multi-family home for sale in Warrensburg, MO 64093. This property was listed for sale on October 17, 2024 by Real Broker, LLC, it's currently listed at $825,000. It has been on the market for a total of 15 days and was last sold on April 9, 2024. This listing's school district is Warrensburg R-Vi School District. Nearby schools include Maple Grove Elementary, Martin Warren Elementary School and Warrensburg Middle School. 408 South Mulberry Street is a 0-bed, 0-bath, 3,993 sqft multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker, LLC

Based on information from one of the following Multiple Listing Services: Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS, Lawrence Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS , Lawrence Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.