728 E Walnut Street, Springfield, MO 65806
Property image
Property image
OFF MARKET
  • Studio
  • 1 Bath

728 E Walnut Street, Springfield, MO 65806

Downtown

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
425-427 E Cherry Street, Springfield, MO
0.29
Multi-Family Home
-
12/12/25
6
3
1,564
1414 E Elm Street, Springfield, MO
0.77
Multi-Family Home
-
12/11/25
3
2
1,960
806 South Avenue, Springfield, MO
0.62
Multi-Family Home
-
09/10/26
-
-
333 W Madison-Portfolio Street, Springfield, MO
0.68
Multi-Family Home
-
05/28/26
-
-
810 South Avenue, Springfield, MO
0.64
Multi-Family Home
-
09/10/26
-
-
1018 S Missouri Avenue, Springfield, MO
1.16
Multi-Family Home
-
12/03/25
2
-
739 S Douglas Avenue, Springfield, MO
0.96
Multi-Family Home
-
04/28/26
2
2
907
716 E Locust Street, Springfield, MO
1.43
Multi-Family Home
-
07/23/26
1
1,830
1303 N Grant Avenue, Springfield, MO
1.36
Multi-Family Home
-
11/24/25
4
2
1,658
444 W Page Street, Springfield, MO
0.81
Multi-Family Home
-
05/15/26
-
1,176

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
350 S John Q Hammons Parkway #8d, Springfield, MO 65806
0.17
-
2
2
1,547
Off Market
350 S John Q Hammons Parkway #12b, Springfield, MO 65806
0.17
-
2
2
1,458
Off Market
350 S John Q Hammons Parkway #7-B, Springfield, MO 65806
0.17
$289,000
2
2
1,458
For Sale
350 S John Q Hammons #14-A, Springfield, MO 65806
0.17
-
2
2
1,547
Off Market
350 S John Q Hammons Parkway #11-B, Springfield, MO 65806
0.17
-
2
2
1,458
Off Market
350 S John Q Hammons Parkway #3-C, Springfield, MO 65806
0.17
-
2
2
1,458
Recently Sold
350 S John Q Hammons Parkway #8-B, Springfield, MO 65806
0.17
-
2
2
1,458
Recently Sold
350 S John Q Hammons Parkway #1-A, Springfield, MO 65806
0.18
$325,000
2
2
1,547
For Sale
350 S John Q Hammons Parkway #5b, Springfield, MO 65806
0.18
-
2
2
1,458
Recently Sold
350 S John Q Hammons Parkway #11a, Springfield, MO 65806
0.18
-
2
2
1,547
Recently Sold
944 E Walnut Street, Springfield, MO 65806
0.21
$319,100
Studio
-
5,003
Off Market

Local Information

  • Map ViewExplore the area around 728 E Walnut Street.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1967
0.52 acre lot
Open Parking

About this House

Premier Investment Opportunity! 17-Unit Apartment Complex Adjacent to Missouri State University Campus Welcome to an incredible real estate investment opportunity that combines location, income potential, and value appreciation in one package! This 17-unit apartment complex, nestled right next to the prestigious Missouri State University Campus, offers an outstanding chance to capitalize on the growing demand for student housing.- Unbeatable Location: Location is everything, and this property boasts an unbeatable one! Situated adjacent to the Missouri State University Campus, students will love the convenience of walking to classes, making this a prime choice for them.- Income Potential: Maximize your return on investment with the convenience of onsite laundry facilities. Not only does this make life easier for your tenants, but it also provides an additional income stream, increasing your overall revenue.- Ample Parking: Forget about the parking hassles that often come with city living. This complex offers onsite paved parking, providing tenants with a secure and hassle-free parking experience.- Recent Exterior Renovations: Aesthetics matter, and this property has undergone recent exterior renovations, ensuring that it stands out and maintains its appeal. The modern and fresh appearance will attract tenants seeking a contemporary living space.- Rent Increase Potential: With its prime location and recent renovations, you have the opportunity to quickly raise unit rents. Take advantage of the strong demand for convenient, well-maintained housing in this area and watch your income grow.Investors, this is your chance to secure a prime piece of real estate in a location that is consistently in demand. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a promising opportunity, this 17-unit apartment complex has the potential to deliver impressive returns.
728 E Walnut Street, Springfield, MO 65806 is a studio, 1 bathroom multi-family in Downtown, built in 1967. It was last sold on Apr 16, 2024. More recently, it was listed as a rental in September 2018 with an asking price of $700 per month. That rental listing was removed on January 21, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,030/month.
Last check for updates: about 7 hours ago
Listed by Kody Alan Gideon, (417) 812-1384
Murney Associates - Primrose
Bought with: Christopher Weich, (417) 350-4650, Christopher Weich Realty
Source: SOMOMLS as distributed by MLS GRID, MLS#60255869

Home Details for 728 E Walnut Street

Active Status

MLS Status: Closed

Interior Features

Beds & Baths
Number of Bathrooms: 1
Appliances & Utilities
Utilities: Community, Master Metered, Water Available, Sewer Available, High Speed Internet, Natural Gas Available, Electricity AvailableAppliances: Range, RefrigeratorRefrigerator
Heating & Cooling
Heating: BoilerHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Boiler
View
Has a ViewView: City

Exterior Features

Exterior Home Features
Roof: CompositionOther Structures: One
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Paved,On Street
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1967
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Brick, Vinyl Siding
Property Information
Parcel Number: 881324108009

Price & Status

Price
List Price: $1,450,000
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: SpringfieldCommunity: N/A
School Information
Elementary School: SGF-RountreeJr High / Middle School: SGF-JarrettHigh School: SGF-Parkview

Lot Information

Lot Area: 0.52 acres

Offer

Listing Terms: Cash, 1031 Exchange, Conventional

Miscellaneous

Mls Number: 60255869Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square Feet

Additional Information

HOA Amenities: Laundry

Price and Tax history

DateEventPrice
Apr 16, 2024
Source: SOMOMLS as distributed by MLS GRID #60255869
Sold
--
Feb 6, 2024
Source: SOMOMLS as distributed by MLS GRID #60255869
Pending
$1,450,000
Jan 23, 2024
Source: SOMOMLS as distributed by MLS GRID #60255869
PendingToActive
$1,450,000
Jan 14, 2024
Source: SOMOMLS as distributed by MLS GRID #60255869
Pending
$1,450,000
Jan 5, 2024
Source: SOMOMLS as distributed by MLS GRID #60255869
PriceChange
$1,450,000
Price decreased by 6%

Market trends in Springfield

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$257K
$9.96KMoM
Sale-to-List Price
99.7%
0.1%MoM
Price per sq ft
$158
$2MoM
Available listings
940
135MoM

Around this home

Neighborhood Overview

Downtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

At least 58 Trulia users voted on each feature.

  • 94 % Say there are sidewalks

  • 86 % Say it's dog friendly

  • 82 % Say car is needed

  • 80 % Say it's walkable to restaurants

  • 67 % Say parking is easy

  • 61 % Say there's holiday spirit

  • 61 % Say it's walkable to grocery stores

  • 59 % Say streets are well-lit

  • 47 % Say yards are well-kept

  • 46 % Say people would walk alone at night

  • 39 % Say neighbors are friendly

  • 32 % Say it's quiet

  • 32 % Say kids play outside

  • 31 % Say they plan to stay for at least 5 years

  • 31 % Say there are community events

  • 29 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Stacie B.
    "It is about a mile from the city but feels like the country. The subdivision is small, about 10 houses and we share a pond."
    3
    Flag

LGBTQ Local Legal Protections

The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC. Real estate listings held by Brokerage firms other than Zillow, Inc. are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contains all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. ©2026 Southern Missouri Regional MLS, LLC. All rights reserved. Click here for more information

Frequently asked questions about 728 E Walnut Street

  • What is the price history for 728 E Walnut Street?
    728 E Walnut Street in Springfield, MO last sold in April 2024.
  • Is Springfield a buyer's or seller's market?
    Springfield is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Springfield?
    The median sale price in Springfield is $257K. That is up $9.96K from the prior month.
  • What do residents say about the Downtown neighborhood?
    Residents describe the Downtown neighborhood in Springfield, MO as pedestrian-friendly, dog-friendly, and walkable to restaurants. See recently sold homes in Downtown, Springfield.
  • Does 728 E Walnut Street have air conditioning?
    Yes, 728 E Walnut Street in Springfield, MO has air conditioning.
  • Does 728 E Walnut Street have laundry facilities?
    Yes, 728 E Walnut Street in Springfield, MO has laundry facilities.

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