$425,000

203 Recreation Ave Rockaway Beach, MO 65740

Estimated payment $2,431/month

Total Views 771
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Baseboard Heating
  • Space Heater
  • Carpet
  • Buchanan Intermediate School Rated A-

About This Home

8-unit rental property in Rockaway Beach, Missouri. The property includes one 3-bedroom/2-bath house, one 3-bedroom/1-bath unit, four 2-bedroom/1-bath units, and two 1-bedroom/1-bath units. All units are currently rented with long-term leases in place, bringing in a total of $7,485 per month. Tons of updates/remodels have been made in recent years, and there is room for more improvements that could increase rental income and value. With a solid cap rate based on current income, the property also has potential for higher returns if converted to short-term rentals. Located near Lake Taneycomo, this is a strong investment opportunity with steady cash flow!

Listing Agent

Robert Blitch

Keller Williams Brokerage Email: klrw369@kw.com License #2019011647 Listed on: 06/24/2025

Keller Williams

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,004

Year Built

  • Built in 1940

Home Design

  • Wood Frame Construction
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Microwave

Schools

  • Forsyth Elementary School
  • Forsyth High School

Utilities

  • Space Heater
  • Baseboard Heating

Additional Features

  • Carpet
  • 0.46 Acre Lot

Community Details

  • 8 Units
  • Rockaway Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-1.0-12-003-037-001.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,004

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Attribution Contact: klrw369@kw.com
  • Lot Size Acres: 0.46
  • Water Body Name: Lake Taneycomo
  • Subdivision Name: Rockaway Beach
  • Garage Yn: No
  • Year Built: 1940
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Oven Range: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Refrigerator
  • Flooring: Carpet
  • Unit Features:Carpet2: Yes
  • Unit Features:Fenced Area: Yes
  • Unit Features:Living Room - Formal: Yes

Exterior Features

  • Waterfront: No
  • General Property Description:WaterfrontView: View
  • Construction:Vinyl Siding2: Yes
  • Construction:Wood Frame2: Yes

Garage/Parking

  • Parking Features: One Per Unit
  • Parking:One Per Unit: Yes

Utilities

  • Heating: Base Board, Space Heater
  • Sewer: City Sewer
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Baseboard: Yes
  • Utilities Electricity: Yes
  • Heating:Space Heater: Yes

Schools

  • Middle Or Junior School: Forsyth

Lot Info

  • Zoning: Motel/ Multi-fa
  • Lot Size Sq Ft: 20037.6
  • Parcel #: 08-1.0-12-003-037-001.000

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1003.86

Multi Family

  • Number Of Units Total: 8

MLS Schools

  • Elementary School: Forsyth
  • High School: Forsyth

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2023 $1,004 $17,040 $0 $0
2022 $980 $17,040 $0 $0
2021 $975 $17,040 $0 $0
2019 $897 $15,230 $0 $0
2018 $898 $15,230 $0 $0
2017 $862 $14,750 $0 $0
2016 $801 $13,720 $0 $0
2015 $794 $13,720 $0 $0
2014 $954 $17,140 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Sale $425,000 0.0% --
05/04/2025 05/04/25 Pending -- -- --
04/29/2025 04/29/25 For Sale $425,000 +205.8% --
08/03/2020 08/03/20 Sold -- -- --
07/08/2020 07/08/20 Pending -- -- --
04/24/2019 04/24/19 For Sale $139,000 -- $125 / Sq Ft
Source: Southern Missouri Regional MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- Continental Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $89,100 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Southern Missouri Regional MLS

MLS Number: 60293195

Southern Missouri Regional MLS

APN: 08-1.0-12-003-037-001.000