310 E Franklin St, Clinton, MO, 64735
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1965
Materials
- Roof: Composition,Other
- Construction materials: Brick,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Apartment
Interior
Basement
- Has basement: Yes
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Window Unit(s)
Property
Details
- Parcel number: 181.002003021003.000
- Zoning: R-3
Lot
- Lot size: 0.38 Acres
- Lot size dimensions: 80 x 208
Parking
- Total spaces: 8
- Parking features: Assigned,Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Lightning
- Strong Wind
- Tornado
- Hail
- Ice Storm
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Missouri Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,401 | $28,812 |
| Home Insurance * | $655 | $7,860 |
| Property Taxes | $245 | $2,940 |
| Electricity | $141 | $1,693 |
| Total | $3,442 | $41,304 |
Income You'd Need if You Spent...
Missouri FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-20 | Listed for sale | $475,000 |
| 2021-05-26 | Sold | -- |
| 2021-03-28 | Pending sale | $319,000 |
| 2021-03-26 | Listed for sale | $319,000 |
| 2021-03-24 | Listing removed | -- |
| 2020-03-12 | Listing removed | $550 |
| 2020-02-13 | Price change | $550 |
| 2020-01-25 | Price change | $500 |
| 2020-01-06 | Listed for rent | $550 |
| 2019-06-16 | Listing removed | $500 |
| 2019-06-08 | Listed for rent | $500 |
| 2019-03-15 | Listing removed | $500 |
| 2019-03-08 | Listed for rent | $500 |
| 2019-01-19 | Listing removed | $550 |
| 2018-12-08 | Listed for rent | $550 |
| 2018-08-04 | Sold | -- |
| 2018-06-27 | Listed for sale | $179,900 |
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