728 E Walnut Street
Springfield, MO 65806
Downtown- Studio
- 1 Bath
Studio
1 Bath
(on 0.52 acres)
Local Information
© Google
-- mins to
Description
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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from April 02, 2026
Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 728 E Walnut Street
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MLS Status: Closed |
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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 |
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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 |
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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 |
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Price List Price: $1,450,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: SpringfieldCommunity: N/A |
School Information Elementary School: SGF-RountreeJr High / Middle School: SGF-JarrettHigh School: SGF-Parkview |
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Lot Area: 0.52 acres |
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Listing Terms: Cash, 1031 Exchange, Conventional |
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Mls Number: 60255869Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square Feet |
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HOA Amenities: Laundry |
Last check for updates: about 14 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

Price History for 728 E Walnut Street
| Date | Price | Event | Source |
|---|---|---|---|
| 04/16/2024 | -- | Sold | SOMOMLS as distributed by MLS GRID #60255869 |
| 02/06/2024 | $1,450,000 | Pending | SOMOMLS as distributed by MLS GRID #60255869 |
| 01/23/2024 | $1,450,000 | PendingToActive | SOMOMLS as distributed by MLS GRID #60255869 |
| 01/14/2024 | $1,450,000 | Pending | SOMOMLS as distributed by MLS GRID #60255869 |
| 01/05/2024 | $1,450,000 | PriceChange | SOMOMLS as distributed by MLS GRID #60255869 |
| 12/23/2023 | $1,550,000 | PendingToActive | SOMOMLS as distributed by MLS GRID #60255869 |
| 12/15/2023 | $1,550,000 | Pending | SOMOMLS as distributed by MLS GRID #60255869 |
| 11/06/2023 | $1,550,000 | Listed For Sale | SOMOMLS as distributed by MLS GRID #60255869 |
| 09/09/2019 | -- | Sold | N/A |
| 06/21/2019 | $1,200,000 | Pending | Agent Provided |
| 06/15/2019 | $1,200,000 | Listed For Sale | Agent Provided |
| 01/21/2019 | $700 | ListingRemoved | Agent Provided |
| 09/06/2018 | $700 | Listed For Rent | Agent Provided |
| 07/27/2018 | $858,800 | ListingRemoved | Agent Provided |
| 05/09/2018 | $858,800 | Pending | Agent Provided |
| 05/07/2018 | $858,800 | PriceChange | Agent Provided |
| 04/23/2018 | $972,775 | Listed For Sale | Agent Provided |
| 03/11/2008 | $974,900 | ListingRemoved | Agent Provided |
| 02/24/2008 | $974,900 | Listed For Sale | Agent Provided |
Market trends in Springfield
Last updated May 2026
Avg. sale price
$236K
$1.05KMoM
Sale-to-List Price
99.2%
0.6%MoM
Price per sq ft
$151
$3MoM
Available listings
1089
122MoM
Homeowner tools
Estimated monthly rent$887/mo
Homes for rent near 728 E Walnut Street
See what comparable homes in the neighborhood are renting for.Comparable Sales for 728 E Walnut Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.29 | Multi-Family Home | - | 12/12/25 | 6 | 3 | 1,564 | |
0.77 | Multi-Family Home | - | 12/11/25 | 3 | 2 | 1,960 | |
0.33 | Multi-Family Home | - | 08/28/25 | - | - | ||
0.68 | Multi-Family Home | - | 05/28/26 | - | - | ||
1.16 | Multi-Family Home | - | 12/03/25 | 2 | - | ||
0.96 | Multi-Family Home | - | 04/28/26 | 2 | 2 | 907 | |
1.23 | Multi-Family Home | - | 08/15/25 | 1 | 1,431 | ||
1.36 | Multi-Family Home | - | 11/24/25 | 4 | 2 | 1,658 | |
0.81 | Multi-Family Home | - | 05/15/26 | - | 1,176 | ||
1.52 | Multi-Family Home | - | 09/30/25 | 1 | 2,070 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 728 E Walnut Street.
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.
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Homes for sale near 728 E Walnut Street
Off Market Homes Near 728 E Walnut Street

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
728 E Walnut Street, Springfield, MO 65806 is a studio, 1 bathroom multi-family built in 1967. 728 E Walnut Street is located in Downtown, Springfield. This property is not currently available for sale. 728 E Walnut Street was last sold on Apr 16, 2024 for $0. The current Trulia Estimate for 728 E Walnut Street is $1,119,300.

