$40,000
$10K PRICE DROP

18800 W 2nd Ave Wheatland, MO 65779

Estimated payment $258/month

Total Views 1,875
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

2 Houses. 1 Price. And a whole lot of upside. Everybody talks about finding cash flow. Most spend months looking. This one's sitting right here. Two mobile homes selling together for just $40,000 on a corner lot, with an additional third utility hookup already in place for another mobile home or camper. One home is currently rented to a long-term tenant at $300/month, and the other was recently vacant after bringing in $300/month. That's $600/month in gross rental potential from the existing homes, with even more upside if you add a third unit or camper to the extra hookup. • $600/month current gross income potential
• Third hookup ready for another home or RV/camper
• Strong cap rate at the asking price
• Value-add opportunity through updates and rent increases
• Long-term tenant already in place
• Corner lot with added flexibility
• Close to Lucas Oil Speedway and Pomme de Terre Lake Whether you're looking for your first investment property or another addition to your portfolio, deals under $50,000 with existing income and expansion potential are getting harder to find. Not flashy. Not fancy. Just the kind of property investors quietly buy while everybody else is chasing the next shiny thing. Give me a call before somebody else runs the numbers.

Listing Agent

Nicholas Henderson

Akins Realty License #2017012338 Listed on: 06/09/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 15,246 Sq Ft Lot

Home Design

  • Metal Construction or Metal Frame

Schools

  • Wheatland Elementary School
  • Wheatland High School

Community Details

  • 2 Units
  • Hickory Not In List Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05-6.0-24-004-015-002.000

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0.35 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Lot Size Acres: 0.35
  • Water Body Name: None
  • Subdivision Name: Hickory-Not in List
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1970
  • Special Features: None

Exterior Features

  • Waterfront: No
  • General Property Description:WaterfrontView: None
  • Construction:Metal3: Yes

Utilities

  • Heating: Other - See Remarks
  • Sewer: City Sewer
  • Water Source: City Water
  • Heating:Other - See Remarks3: Yes
  • Utilities Electricity: Yes

Schools

  • Middle Or Junior School: Wheatland

Lot Info

  • Zoning: ~
  • Lot Size Sq Ft: 15246.0
  • Parcel #: 05-6.0-24-004-015-002.000

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 91.13

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Wheatland
  • High School: Wheatland

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/22/2026 07/22/26 Price Changed $40,000 -20.0% --
06/09/2026 06/09/26 For Sale $50,000 -- --
Source: Southern Missouri Regional MLS

Source: Southern Missouri Regional MLS

MLS Number: 60325877

Southern Missouri Regional MLS
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