310 E Franklin St

Clinton, MO 64735

$475,000
Price
—
Beds
—
Baths
2,184 Sq. Ft.
$217 / Sq. Ft.
2,184
Sq. Ft.
$217
per Sq. Ft.
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Description

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...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.
  1. Listed by Serena Bales • KW KANSAS CITY METRO
    P: (913)-912-9350 C: (913)-912-9350 serenabales@kw.com

Property Details for 310 East Franklin Street

Zoning
R-3
LISTING UPDATED: 03/24/2026 07:08 AM

Property Details for 310 East Franklin Street

StatusActive
MLS #2608181
Days on Market64
Pet Policy-
Taxes$3,047 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1965
CountyHenry County
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Location

Listing Courtesy of KW KANSAS CITY METRO
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Building Information for 310 East Franklin Street

Building/Complex310 E Franklin StFloor-Stories2Residences6Pet Policy-Pet Policy Details-Year Built1965Building Size-

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$2,621 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,367

Property Taxes

$254

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 310 East Franklin Street

Summary
Location and General Information
  • City: Clinton
  • County Or Parish: Henry
  • Directions: From Highway 13 in Clinton, take the exit toward Business 13/N 2nd Street and head south toward downtown, continue straight for approximately 1 mile, then turn left onto E Franklin Street and follow it east for a few blocks to 310 E Franklin St, which will be on your left.
  • Inside City Limits: Yes
  • Latitude: 39.758334
  • Longitude: -94.830968
  • MLS Area Major: 223 - Henry County
  • Zip Code: 64507
  • State Or Province: MO
  • Subdivision: Allens Addition
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Abatement YN: No
  • Tax Special Amount: 0
  • Tax Annual Amount: $3,047.00
  • Parcel Number: 18-1.0-02-003-021-003.000
  • Tax Annual Amount: $3,047.00
  • Tax Legal Description: DAVIS ADDITION--LT. 33 EXC E 25'
School Information
  • High School District: Clinton
Parking
  • Garage: No
  • Parking Features: Assigned, Off Street
  • Parking Total: 8.0
Property
Lot Information
  • Building Area Total: 2184.0
  • Lot Size Area: 16,640.00
  • Lot Size Dimensions: 80x208
  • Lot Size Source: Public Records
  • Lot Size SqFt: 16,640.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Brick, Vinyl Siding
  • Documents Available: Financial Details, Lease Agreements
  • Documents Count: 3
  • Age Description: 76-100 Years
  • FEMA 100 Yr Flood Plain: No
  • Special Documents Required YN: 0
  • Type Of Management: Owner Manager
  • Photos Count: 22
  • Senior Community: No
  • Year Built: 1965
Utilities
  • Sewer: Private Sewer
  • Utilities: Other
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: No
  • Possession: Funding
  • Roof: Composition, Other
Interior Features
  • Basement YN: Yes
  • Bathrooms Total: 0
  • Unit Type: 1 Bedroom, 2 Bedroom
  • Cooling: Window Unit(s)
  • Central Air YN: Yes
  • Heating: Natural Gas
  • Stories Total: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Gross Income: $39,190.00
  • Maintenance Provided YN: No
  • Operating Expense: $9,906.00
  • Operating Expense Includes: Maintenance, Real Estate Tax, Refuse Collection, Supplies
Unit 1
  • Unit Type: Type: 2 Bedroom
  • Unit Type: Units Total: 4
Unit 2
  • Unit Type: Unit Rent Includes: Water
  • Unit Type: Type: 1 Bedroom
  • Unit Type: Units Total: 2
Rental
Rent Information
  • Current Occupancy Rate: Unknown-Verify
  • Deposit: Alpha Title
  • Existing Lease Terms: One Year Lease

Property History for 310 East Franklin Street

DateEvent & SourcePriceAppreciation
Mar 19, 2026

Listed (Active)

HEARTLANDMLS #2608181

$475,000—
May 26, 2021

Sold

HEARTLANDMLS #2311814

—
Mar 27, 2021

Pending

HEARTLANDMLS #2311814

—
DateEvent & SourcePrice
03/19/2026

Listed (Active)

HEARTLANDMLS #2608181

$475,000
05/26/2021

Sold

HEARTLANDMLS #2311814

—
03/27/2021

Pending

HEARTLANDMLS #2311814

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 310 East Franklin Street

Taxable ValueLand-Additions-Total-
Tax Record2025$3,047 ($254 / month)
Home Facts
Total Finished SqFt5,139 SqFtAbove Grade Finished SqFt5,139 SqFtLot Size16,640 SqFtStyleMulti-Family Res (5+ Units)Year Built1965CountyHENRYAPN18-1.0-02-003-021-003.000

Schools near 310 East Franklin Street

This home is within Clinton School District.
Rating
School
Type
Grades
Distance
Henry Elementary School
Public - K to 2
Clinton Intermediate School
Public - 3 to 5
Clinton Middle School
Public - 6 to 8
Clinton Sr. High School
Public - 9 to 12
Rating
School
Distance
Henry Elementary School
PublicK to 2

Clinton Intermediate School
Public3 to 5

Clinton Middle School
Public6 to 8

Clinton Sr. High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 310 East Franklin Street, Clinton, MO 64735

310 East Franklin Street is a multi-family home for sale in Clinton, MO 64735. This property was listed for sale on March 19, 2026 by KW KANSAS CITY METRO, it's currently listed at $475,000. It has been on the market for a total of 64 days and was last sold on May 26, 2021. This listing's school district is Clinton School District. Nearby schools include Henry Elementary School, Clinton Intermediate School and Clinton Middle School. 310 East Franklin Street is a 0-bed, 0-bath, 2,184 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW KANSAS CITY METRO

Listings courtesy of Heartland MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 03/24/2026 07:08 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.