Listing provided courtesy of KW KANSAS CITY METROGreater Heartland Region MLSas Distributed by MLSGrid- MLS# 2608181MLS ProviderContact Information: 913-912-9350

310 E Franklin StreetClinton, MO 64507

Multi-Family · 0.38 Acres
$475,000 Active

310 E Franklin Street Overview

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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.

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310 E Franklin Street Facts & Features

  • Type Multi-Family
  • Lot 0.38 Acres

Details

General

Association/HOA

  • Association Fee: 0
  • Association Fee Frequency: None
  • Association: No

School Information

  • School District: Clinton

Building Information

  • Year Built: 1965

Location/Region

  • County Or Parish: Henry
  • MLS Area Major: 223 - Henry County
  • Subdivision Name: Allens Addition

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 18-1.0-02-003-021-003.000
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Senior Community: No
  • Zoning: R-3

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: Yes
  • Heating: Natural Gas
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Assigned,Off Street
  • Parking Total: 8

Lot Information

  • Lot Size Area: 16640
  • Lot Size Dimensions: 80x208
  • Lot Size Square Feet: 16640
  • Lot Size Units: Square Feet
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Brick,Vinyl Siding
  • Roof: Composition,Other

General Information

  • Number Of Units Total: 6
  • Sewer: Private Sewer
  • Utilities: Other

Unit Information

Unit 2 Details

  • Unit Type: 1 Bedroom
  • Units Total: 2

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 4

310 E Franklin Street Neighborhood

Community

64507 (SAINT JOSEPH) Demographics

36
Median Age
241
Population Density (per sq. mile)
27%
College Educated
$56,357
Estimated Median Income
3,413
Estimated Total Home Owners
1,866
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

310 E Franklin Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

310 E Franklin Street Market Data

Based on the last 30 days in this zip code

$267,249
Average List Price
$153
Average Price per Square Foot
18
Properties Sold
72
Average Days on Market
65
Properties for Sale
Calculations provided by Reliance Network

310 E Franklin Street History

Date Event Value Agent
3/19/2026Source: Greater Heartland Region MLS Added to Database
March 19, 2026