18800 W 2nd Ave Wheatland, MO 65779
Estimated payment $234/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
Tax 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.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $92 | $2,220 | $0 | $0 |
| 2024 | $92 | $2,170 | $0 | $0 |
| 2023 | $91 | $2,170 | $0 | $0 |
| 2022 | $85 | $2,070 | $0 | $0 |
| 2021 | $84 | $2,070 | $0 | $0 |
| 2020 | $85 | $2,070 | $0 | $0 |
| 2019 | $85 | $2,070 | $0 | $0 |
| 2018 | $85 | $2,070 | $0 | $0 |
| 2017 | $109 | $2,680 | $0 | $0 |
| 2016 | $108 | $2,680 | $0 | $0 |
| 2015 | -- | $2,680 | $0 | $0 |
| 2013 | -- | $2,420 | $0 | $0 |
| 2012 | -- | $2,420 | $0 | $0 |
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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website. The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Homes.com, LLC are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contains all listings available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2026 Southern Missouri Regional MLS, LLC. All rights reserved.
SOMO MLS respects the intellectual property rights of others and expects you to do the same. Per the DMCA, SOMO MLS will respond expeditiously to claims of copyright infringement on the Site if submitted to SOMO MLS' s Copyright Agent as described below. Upon receipt of a notice alleging copyright infringement, SOMO MLS will take whatever action it deems appropriate within its sole discretion, including removal of the allegedly infringing materials. If you believe that your intellectual property rights have been violated by SOMO MLS or by a third party who has uploaded materials to the Site, please provide the following information to SOMO MLS' s designated Copyright Agent listed below:
a. A description of the copyrighted work or other intellectual property that you claim has been infringed;
b. A description of where the material that you claim is infringing is located on the Site;
c. An address, telephone number, and e-mail address where SOMO MLS can contact you and, if different, an e-mail address where the alleged infringing party, if not SOMO MLS, can contact you;
d. A statement that you have a good-faith belief that the use is not authorized by the copyright owner or other intellectual property rights owner, by its agent, or by law;
e. A statement by you under penalty of perjury that the information in your notice is accurate and that you are the copyright or intellectual property owner or are authorized to act on the owner's behalf;
f. Your electronic or physical signature. SOMO MLS may request additional information before removing any allegedly infringing material.
In the event SOMO MLS removes the allegedly infringing materials, SOMO MLS will immediately notify the person responsible for posting such materials that SOMO MLS removed or disabled access to the materials. SOMO MLS may also provide the responsible person with your e-mail address so that the person may respond to your allegations. SOMO MLS reserves the right to terminate, limit or suspend any user's access to the Site in the event of repeated infringing activity. If you believe that a user of this Site is a repeat infringer, please follow the above instructions to contact SOMO MLS's Copyright Agent. Please include sufficient information to assist SOMO MLS in determining that the user repeatedly engaged in infringing activity. SOMO MLS registered a designated agent with the Copyright Office pursuant to 17 U.S.C. 512(c). SOMO MLS's designated Copyright Agent is: Jeff Kester 1310 Primrose, Springfield, MO 65804, Phone: 417-883-1226, Email: jeff@gsbor.com
Based on information submitted to the MLS GRID
- 21031 Possum Trot Trail
- 18270 N B Hwy
- 18272 Hampton Dr
- 22303 County Road 253
- 17258 Highway B
- 17206 Highway B
- 16790 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
- 18275 New Hermitage Dr
- 16464 County Road 100
- 21274 Canyon Dr
- 21047 Missouri 254
- 14674 State Hwy W
- 21721 Canyon Dr
- 22565 County Road 203
- 140 C St
- 660 E Forest St
- 660 W Forest St
- 332 E Summit St
- 316 N Wilson Ave Unit 1
- 446 N Claud Ave
- 113 E Broadway St Unit C
- 113 E Broadway St Unit D
- 1118 W Fair Play St
- 723 E College St
- 1111 Carl Ave
- 2242 W Colgate St
- 314 W Colgate St
- 2565 S Cheri Dr
- 19065-19061 State Hwy 32 Unit 19061
- 510 Walnut St Unit 510 S Walnut St Unit
- 616 S Locust St
- 5489 Boundry Rd
- 416 N 4th St Unit Double Wide House
Ask me questions while you tour the home.