310 E Franklin Street, Clinton, MO 64507
Local realty services provided by:ERA McClain Brothers
310 E Franklin Street,Clinton, MO 64507
$475,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: serena bales
Office: kw kansas city metro
MLS#:2608181
Source:MOKS_HL
Price summary
- Price:$475,000
About this home
Turnkey 6-unit multifamily investment opportunity in the heart of Clinton, MO, offering strong in-place cash flow with immediate upside. This well-maintained property currently generates $4,375/month with pro forma potential of $5,075/month upon completion of a partially finished 7th unit in the basement, which is already framed and includes new plumbing, electrical, and an egress window (estimated ~$20K to complete). The unit mix includes four 2-bedroom and two 1-bedroom units, with tenants paying electric and gas, helping keep operating expenses low. Each unit features its own furnace and rooftop AC, and the property includes onsite laundry with two washers and three dryers. Major updates include a TPO roof approximately two years old and updated plumbing in the lower level. An additional commercial lot is included, offering potential to build 4–6 more units for future expansion. Conveniently located just minutes from Golden Valley Memorial Healthcare and with quick access to Highway 7 and Highway 13, this property is well-positioned near local employers, shopping, and downtown Clinton, making it an attractive option for investors seeking a cash-flowing asset with value-add and long-term growth potential....
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Home facts
- Year built:1965
- Subdivision & Development:Allens Addition
- Listing ID #:2608181
- Added:146 day(s) ago
- Updated:August 13, 2026 at 02:11 PM
Rooms and interior
- Basement:Yes
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1965
- Lot area:0.38 Acres
- Construction Materials:All Brick, Vinyl Siding
Utilities
- Water:City/Public
- Sewer:Private Sewer
Finances and disclosures
- Price:$475,000
Parking
- Total parking spaces:8
- Parking description:Assigned, Off Street
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