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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.

Highlights

  • Residential Income
  • Apartment
  • Built in 1965
  • 0.38 Acre Lot
  • 236 days on Market

  • Year Built
    1965
  • Stories
    2.0
  • Construction Materials
    Vinyl Siding, Brick
  • Parking Features
    Off Street, Assigned
  • Cooling
    Window Unit(s)
  • Heating
    Natural Gas

  • Acres
    0.38
  • Utilities
    Other
  • Water
    Public

  • Area
    223 - Henry County
  • County
    Henry
  • City
    Clinton
  • Neighborhood
    Allens Addition
  • Zip Code
    64507

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Frequently Asked Questions

How do I schedule a tour of 310 E Franklin St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 310 E Franklin St.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 310 E Franklin St?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $475,000. We can talk through recent upgrades, potential seller motivation, how this apartment compares to others in Clinton, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 310 E Franklin St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 310 E Franklin St at around $2,957. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 310 E Franklin St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Henry County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 310 E Franklin St?

In most cases, yes. Whether 310 E Franklin St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Clinton's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 310 E Franklin St?

We can handle that for you. Our preferred local agent specializes in residential incomes in Clinton and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $475,000 with 2,184 sqft of space—that comes out to approximately $217 per square foot.

How long has this property been on the market?

310 E Franklin St was listed on March 19, 2026, which means it's been on the market for 236 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1965, making it approximately 61 years old.

What is the lot size of this property?

310 E Franklin St sits on a 0.38-acre lot, which is 16,553 square feet.

What are the property taxes for 310 E Franklin St?

The most recent public record shows annual property taxes for 310 E Franklin St were approximately $3,047. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 310 E Franklin St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 10, 2026 at 12:12PM. 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.

Copyright 2026, Heartland MLS. All rights reserved.

Last Updated: November 10, 2026 at 12:12PM | Source: Heartland MLS | MLS#: 2608181