**Investment opportunity just minutes from downtown Springfield!** This well maintained 6-unit multifamily property offers established rental income with **5 of 6 units currently occupied and approximately $3,000 in monthly rental income.** Owner-paid utilities average approximately **$530 per month** based on historical expenses. Each unit offers its own living space and private entrance, providing tenants with convenience and privacy. The property has seen numerous updates, including newer plumbing, toilets, flooring, appliances, and roof. Additional features include back parking and a two-car garage. With a convenient location near downtown Springfield and established rental history, this property offers an opportunity for an investor looking to add a multifamily income-producing property to their portfolio. Property to be sold in its present, as is condition.
Active
Price cut: $10K (10/19)
$315,000
806 W Walnut Street, Springfield, MO 65806
--beds
--baths
2,587sqft
Multi Family
Built in 1990
-- sqft lot
$309,800 Zestimate®
$122/sqft
$-- HOA
What's special
Two-car garageNewer plumbingBack parking
- 32 days
- 184
- 8
Zillow last checked:
Listing updated:
Listed by:
Keely Milliron 417-294-2771,
Keller Williams Local
Source: SOMOMLS as distributed by MLS GRID,MLS#: 60335450
Facts & features
Interior
Heating
- Baseboard
Cooling
- Central Air, Wall Unit(s), Ceiling Fan(s), Window Unit(s)
Features
- Apply To Some
- Flooring: Carpet
- Basement: Finished
Interior area
- Total interior livable area: 2,587 sqft
Property
Parking
- Total spaces: 2
- Parking features: Paved, On Street
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Size: 7,840 Square Feet
Details
- Additional structures: One
- Parcel number: 1323129002
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1990
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Community, Sewer Available, Natural Gas Available, Electricity Available
Community & HOA
Community
- Subdivision: McCluers MM
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $122/sqft
- Tax assessed value: $103,700
- Annual tax amount: $981
- Date on market: 10/2/2026
- Listing terms: Cash,VA Loan,FHA,Conventional
- Total actual rent: 3000
Estimated market value
$309,800
$294,000 - $325,000
$1,155/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/19/2026 | Price change | $315,000-3.1%$122/sqft |
Source:  SOMOMLS as distributed by MLS GRID #60335450 Report a problem | ||
| 10/2/2026 | Listed for sale | $325,000$126/sqft |
Source: SOMOMLS as distributed by MLS GRID #60335450 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $981 +15% | $19,700 +23.8% |
| 2024 | $854 +0.6% | $15,910 |
| 2023 | $849 +1.8% | $15,910 +4.3% |
| 2022 | $833 +0% | $15,260 |
| 2021 | $833 -0.1% | $15,260 +4.4% |
| 2020 | $834 -7.2% | $14,610 -9.9% |
| 2018 | $899 +10.6% | $16,210 +9.2% |
| 2017 | $813 | $14,840 |
| 2016 | $813 | $14,840 |
| 2015 | $813 +0.9% | $14,840 |
| 2014 | $806 | $14,840 +67.9% |
| 2012 | -- | $8,840 |
| 2011 | -- | $8,840 -26.2% |
| 2010 | -- | $11,980 +9.1% |
| 2006 | $531 | $10,980 |
| 2005 | $531 +3.4% | $10,980 -3.2% |
| 2004 | $513 +0.4% | $11,340 |
| 2003 | $511 +1.5% | $11,340 |
| 2002 | $504 +54.5% | $11,340 |
| 2001 | $326 | $11,340 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: West Central
Nearby schools
Schools provided by the listing agent
- Elementary: SGF-McGregor
- Middle: SGF-Jarrett
- High: SGF-Parkview
Source: SOMOMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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