18800 W 2nd Ave Wheatland, MO 65779
Estimated payment $258/month
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.
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
Map
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
MLS Number: 60325877
- 21031 Possum Trot Trail
- 18270 N B Hwy
- 18272 Hampton Dr
- 22303 County Road 253
- 17258 Highway B
- 17206 Highway B
- 22227 Doe Run Trail
- Co Rd 190
- 21000 County Road 190
- 000 State Highway 83
- 21845 County Road 190
- 17254 County Road 121
- 19955 State Highway 254
- 16464 County Road 100
- 14674 State Hwy W
- 22413 Bluebird Trail
- 22115 County Road 271
- 22141 County Road 271
- Tbd County Road 203
- 22225 County Road 271a
Ask me questions while you tour the home.