Prime single-story multifamily duplex portfolio offering stable cash flow and upside potential. This 16-unit property includes twelve 3BR/2BA units and four 2BR/1BA, all with spacious layouts, full bathrooms, and central air. Strong tenant demand with an active waiting list and immediate income enhancement opportunities. Located in Oak Grove, MO, approximately 20 miles east of downtown Kansas City. This property has low immediate capital needs typical for newer construction (built in 2003). Strong curb appeal, tenant desirability due to garage amenities and located directly next to City Hall and the Mid Continent Public Library make this portfolio a wise investment. For financials, rent roll, or to schedule a tour.
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Oak Grove is located in Missouri. Oak Grove, Missouri has a population of 8,228. Oak Grove is more family-centric than the surrounding county with 37.55% of the households containing married families with children. The county average for households married with children is 28.36%.
The median household income in Oak Grove, Missouri is $66,923. The median household income for the surrounding county is $60,800 compared to the national median of $69,021. The median age of people living in Oak Grove is 32.7 years.
The average high temperature in July is 87.7 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 42.9 inches per year, with 12.3 inches of snow per year.