Duplex Investment Opportunity – Ready to Rent with Light Renovation
This duplex features two separate 2-bedroom units and is nearly rent-ready with just a modest facelift. Minor wall repairs, fresh paint, one electric range, and two replacement windows are all that's needed to bring both units up to standard. Renovation costs are estimated at under $4,000 per unit.
Income Potential:
Each unit can bring in approximately $600/month, for a total of $1,200/month in rental income. That’s $120,000 over 100 months—meaning this property, priced at just $77,000, could pay for itself in less than 7 years.
Property Features:
Solid floors and attic with no roof leaks
Roof will need new shingles soon
Basement entrance needs reworking (optional, estimated at $8,000)
New siding or exterior paint recommended for enhanced curb appeal
Separately metered gas and electricity for each unit
Located just 8 blocks from campus and 10 blocks from the grocery store, this property is ideal for new landlords or those looking to expand their rental portfolio. Don't miss out !
For sale by owner
Price cut: $2K (7/2)
$77,000
711 E Jefferson St, Kirksville, MO 63501
4beds
1,800sqft
Est.:
MultiFamily
Built in 1935
-- sqft lot
$-- Zestimate®
$43/sqft
$-- HOA
What's special
Solid floorsEnhanced curb appeal
What the owner loves about this home
This property is a very good opportunity to add two solid units to your landlord operation. Generous off street parking. Close enough to campus to appeal to students. Serviceable hardwood floors can be restored for a great look.
- 208 days
- on Zillow |
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