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310 E Franklin St

Clinton MO 64735

8
16640 sq. ft.
Apartment
Currently for sale - view listing

Overview

Turnkey 6-unit multifamily investment opportunity in the heart of Clinton, MO, offering strong in-place cash flow with immediate upside. This well-maintained property currently generates $4,375/month with pro forma potential of $5,075/month upon completion of a partially finished 7th unit in the basement, which is already framed and includes new plumbing, electrical, and an egress window (estimated ~$20K to complete). The unit mix includes four 2-bedroom and two 1-bedroom units, with tenants paying electric and gas, helping keep operating expenses low. Each unit features its own furnace and rooftop AC, and the property includes onsite laundry with two washers and three dryers. Major updates include a TPO roof approximately two years old and updated plumbing in the lower level. An additional commercial lot is included, offering potential to build 4–6 more units for future expansion. Conveniently located just minutes from Golden Valley Memorial Healthcare and with quick access to Highway 7 and Highway 13, this property is well-positioned near local employers, shopping, and downtown Clinton, making it an attractive option for investors seeking a cash-flowing asset with value-add and long-term growth potential.

Features

8 carspaces
16640 sq. ft. lot size
Apartment

Property history for 310 E Franklin St

2021
Sold
Undisclosed
26 May 2021 by Kelly Anderson, of Platinum Realty
2018
Sold
Undisclosed
02 Aug 2018

Happy sellers in Clinton

<50%
Less than 50% of sellers in Clinton reported that their sale price either exceeded or met their price expectations.

Clinton stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Clinton over the last 12 months.

Local market activity for apartments in Clinton

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