587 Panich Street, Pleasant Hope, MO 65725
New Listing
$538,500
Property Type:
MultiFamily
Lot Size (sq. ft.):
16,553
Status:
Active
Current Price:
$538,500
List Date:
4/23/2026
Last Modified:
4/28/2026
Description
Discover an outstanding investment opportunity in the thriving, peaceful community of Pleasant Hope! This newly built triplex features three spacious units--each with 3 bedrooms and 2 full baths--boasting modern, open-concept layouts and premium finishes. Built with durability in mind, it also comes with a one-year builder warranty for added peace of mind.
All units are fully leased, ensuring instant, steady cash flow. With a strong 8.12% CAP rate for cash buyers, you'll see excellent returns in a stable rental market. Residents enjoy small-town charm with convenient access to amenities and major routes.
Whether expanding your portfolio or starting out, this triplex delivers lasting value, reliable returns, and long-term appeal. Contact the listing agent for Rent Roll and Expense details!
More Information MLS# 60306384
Contract Information
Transaction Type: Sale
Foreclosure/Short Sale: No
Property Sub-Type: Duplex/Triplex/Fourplex
Begin Date: 2025-10-03
List Price: $538,500
Agreement Type: Exclusive Right To Sell
Location, Tax and Other Information
Inside City Limits: Yes
General Property Description
SqFt-Aprx: 3510
SqFt Finsh'd & Unfnsh'd: 3400 - 3599
Total Monthly Rent: 4400
# Three Bedroom Units: 3
Waterfront/View: None
Lake/River: None
Aprx Year Built: 2025
Number of Units: 3
Aprx Lot Size (Acres): 0.38
Lot Dimensions: Acres
Elementary School: Pleasant Hope
Middle School: Pleasant Hope
High School: Pleasant Hope
Listing Info
Owner Agent: No
How to Show
Call Listing Agent: 1
Unit Features
All Units: 1
Utility Room: 1
Washer/Dryer Hookup: 1
Construction
Metal: 1
Wood Frame: 1
Utilities
Electricity: 1
Separate Meters: 1
Tenant Pays: 1
Cooling
Ceiling Fans: 1
Central: 1
Three Bedroom Units
Three Bed $: Over $400
Three Bed SqFt: 1,001 - 1,500 SqFt
Appliances
Dishwasher: 1
Microwave: 1
Oven/Range: 1
Baths
Each Unit: 2
Heating
Central: 1
Forced Air: 1
Parking
Two or More: 1
Possession
At Closing: 1
Will Sell
1031 Exchange: 1
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Buildings
One Building: 1
Streets
Asphalt: 1
Water
City Water: 1
Sewer
City Sewer: 1
Documents Available
Disclosure: 1
Type of Tenancy
Monthly: 1
Location Tax and Other Information
Street #: 587
Street Name/Route: Panich
Suffix: Street
County: Polk
State/Province: MO
Zip Code: 65725
Subdivision: Pleasant Valley Ac
Parcel ID: 89-16-0.9-31-001-002-010.040
Tax Year: 2025
Zoning: R-4
Remarks Misc
Directions: At intersection of H Hwy and 215, go west, Right on Pirate Lane, Right on Panich Street, property is 2nd property on the left
Status Change Info
Status: Active
Property Features
How to Show: Call Listing Agent
Unit Features: All Units; Utility Room; Washer/Dryer Hookup
Appliances: Dishwasher; Microwave; Oven/Range
Cooling: Ceiling Fans; Central
Heating: Central; Forced Air
Buildings: One Building
Construction: Metal; Wood Frame
Parking: Two or More
Streets: Asphalt
Water: City Water
Sewer: City Sewer
Utilities: Electricity; Separate Meters; Tenant Pays
Documents Available: Disclosure
Type of Tenancy: Monthly
Possession: At Closing
Will Sell: 1031 Exchange; Cash; Conventional; FHA; VA
Listing Office:
Realty ONE Group Grand
Last Updated: April - 28 - 2026
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