See all 32 photos

Listed by Amanda Watkins United Country Missouri Ozarks Realty Inc.

$499,900

Est. payment - /mo

Save Virtual Tour

4 Beds

3 Baths

5,524 SqFt

Active

190 W Main Street Gainesville, MO 65655

Save Virtual Tour

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Square Footage 5,524 sqft

Price per Sqft $90

MLS Listing ID SOM60316112

Bedrooms 4

Full Baths 2

Half Baths 2

Year Built 1938

Annual Tax Amount $592

Tax Year 2025

Lot Size 0.550 Acres

Acres 0.55

Property Sub-Type Residential

Property Description

Great investment potential in Gainesville, MO, in the heart of the beautiful Missouri Ozarks! Perfectly positioned between Bull Shoals Lake and Norfork Lake, and just minutes from the North Fork of the White River and Bryant Creek, this property offers prime access to some of the region's most sought-after recreational destinations.Whether you're looking for a multi-family setup, rental income opportunity, or a flexible living arrangement, this property delivers exceptional versatility. The home currently features three separate apartment-style living areas. Two living areas are finished and move-in ready, while the third is in the process of being remodeled, giving you the opportunity to finish it to your vision and instantly add value. With outside measurements showing a sq footage of approximately 6500 sq ft and floor plans showing approximately 5524 sq ft of living space and 698 sq ft of unfinished storage, the possibilities are truly endless.Inside you'll find four finished bedrooms, two finished living areas, and five bathrooms, creating plenty of space for tenants, extended family, or a combination of both. The layout allows for separate entrances and private living quarters, making short-term or long-term rental possibilities incredibly appealing in this high-demand lake and river region.Storage space is abundant throughout the property, adding convenience and practicality for both owners and tenants. With strong tourism appeal from nearby lakes and rivers, this property presents excellent income-producing potential or the chance to create a spacious multi-generational home.Opportunities like this in Gainesville don't come around often. Finish the remodel, maximize the layout, and unlock the full potential of this Ozarks investment property

Location

State MO

County Ozark

Rooms

Dining Room Kitchen/Dining Combo, Living/Dining Combo

Interior

Interior Features High Ceilings

Heating Forced Air, Central, Fireplace(s), Heat Pump

Cooling Central Air, Ceiling Fan(s), Heat Pump

Flooring Carpet, Concrete, Luxury Vinyl, Laminate

Fireplaces Type Living Room, Free Standing, Wood Burning

Fireplace N

Appliance Electric Water Heater, Propane Water Heater, Free-Standing Propane Oven, Free-Standing Electric Oven

Laundry Main Floor

Exterior

Waterfront Description None

View Panoramic

Roof Type Metal

Garage No

Building

Story 1

Foundation Block, Poured Concrete

Sewer Public Sewer

Water City

Structure Type Stone

Schools

Elementary Schools Gainesville

Middle Schools Gainesville

High Schools Gainesville

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://storybookviewer.com/113034-135637

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Corina Staton

Agent | License ID: 2020031035

+1(417) 208-6335