409 W 3rd St Joplin, MO 64801

Architectural Heritage Meets Investment Opportunity: A Comprehensive Property Analysis Historical Context and Structural Overview: This remarkable two-story residence represents more than just a real estate asset—it's a testament to architectural preservation combined with modern investment potential. Located within a cherished historical district, the property embodies the delicate balance between preserving architectural heritage and meeting contemporary housing needs. Architectural Configuration: Imagine a versatile residential structure strategically divided into two distinct living spaces, each offering unique advantages for potential occupants or investors: Upstairs Apartment: The upper unit presents a spacious three-bedroom, two-bathroom configuration. This layout provides ample living space for families or professionals seeking room for personal and work activities. The generous bedroom count allows for flexible usage—perhaps a primary bedroom, home office, and guest accommodations. Downstairs Apartment: The ground-level unit offers a more compact yet equally functional two-bedroom, 1.5-bathroom arrangement. This layout is ideal for smaller households, couples, or individuals desiring an efficient living environment. Shared Property Features: Both apartments are equipped with laundry hookups, eliminating the common inconvenience of shared laundry facilities and providing residents with convenient, private laundering options. Structural and Practical Elements: - Basement: A full-size unfinished basement presents numerous possibilities—potential storage, future renovation opportunities, or additional development potential - Lot Configuration: Situated on a spacious corner lot with perimeter fencing, offering privacy and expandable outdoor living potential - Climate Control: Central gas heating and air conditioning ensure consistent, efficient temperature management - Parking Infrastructure: Combination of driveway and street parking accommodates multiple vehicles Investment Perspective: For the astute real estate investor, this property represents a multifaceted opportunity: - Dual-unit configuration allows for diverse income streams - Historical district and downtown location suggests potential property value appreciation - Flexible living spaces appeal to various tenant demographics - Minimal immediate renovation requirements Potential Investor Considerations: Prospective buyers should carefully evaluate: - Rental market dynamics in the historical district - Potential renovation or modernization investments - Long-term appreciation potential - Maintenance requirements of a historical property Educational Insight: Investing in historical properties requires a nuanced understanding of preservation, potential, and practical functionality. This property exemplifies how architectural heritage can coexist with modern investment strategies. Invitation for Further Exploration: We recommend a comprehensive property inspection and consultation with local real estate professionals to fully understand this unique investment opportunity. Each architectural detail tells a story, and each space holds potential waiting to be unlocked.