310 E Franklin Street, Clinton, MO 64507

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$475,000
 est. $2,037/mo

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.

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.
Subdivision
Allens Addition
City
Clinton
County
Henry
Property Type
Residential Income / Apartment
Listing Updated
Mar 19, 2026 at 9:03pm
MLS Number
2608181
Property Tax
$3,047
Zoning
$R-3
Home Owners Association
No
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