203 Recreation Ave Rockaway Beach, MO 65740
Estimated payment $2,431/month
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
Keller Williams Brokerage Email: klrw369@kw.com License #2019011647 Listed on: 06/24/2025

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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | None Available | |
Warranty Deed | -- | Continental Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $89,100 | Future Advance Clause Open End Mortgage |
Source: Southern Missouri Regional MLS
MLS Number: 60293195

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