$700,000

404 School St Waynesville, MO 65583

Estimated payment $3,872/month

Total Views 601
-- Bed
-- Bath
22,480 Sq Ft
$31 Price per Sq Ft

Highlights

  • Hot Property
  • 0.86 Acre Lot
  • 3-minute walk to Waynesville Community Park
  • Freedom Elementary School Rated A-
  • Wood Siding

About This Home

Opportunity Awaits!Situated on a prime 0.8-acre corner lot in a highly desirable location in downtown Waynesville, this property offers endless potential. Current property, zoned R3, is a condemned structure of a former military housing which in its prime housed 32 units. 20-1 bedroom, 7-2 bedroom, and 5 larger units. Each floor is 11,240 Sq ft. There is also an unfinished basement. It's ready for your vision--whether you choose to remodel and restore this multifamily property or clear the way for a brand-new build. Future zoning approved for commercial use. With excellent visibility, easy access to main roads, and plenty of space for parking or expansion, this lot is ideal for residential redevelopment, multi-family, or other creative uses.Bring your imagination and unlock the possibilities!Caution Notice: Property is in need of repairs and may have uneven surfaces or other hazards. All showings must be accompanied by a real estate agent. Visitors should exercise care while on the property. Seller and listing broker assume no responsibility for accidents or injuries. **NO TRESPASSING and must be accompanied by an agent. Must have an appointment to see the property.

Listing Agent

The Legacy Group

eXp Realty, LLC Listed on: 08/18/2025

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $699

Year Built

  • 1941

Lot Details

  • 0.86 Acre Lot

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Wood Siding
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 22,480 Sq Ft Home
  • 2-Story Property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$699

Year Built

1941

Lot Details

0

Listing Details

  • Property Conditions: Fixer
  • Above Grade Finished Sq Ft: 22480.00
  • Estimated Year Built: 1941
  • Basement Access: Walk-Out Access
  • Directions: From Waynesville: Downtown Waynesville at corner of Hwy 17 and School Street From Lake Ozark: Hwy 42 to Right onto HWY U. Follow for approx 15.4 miles. Turn Right onto MO-17 S/N Commercial St. Destination will be on the Right.
  • High School Public: Other
  • Leaseholds: No
  • Listing Member Name: The Legacy Group
  • Listing Office Short Id: exp
  • Open House Office I D: 20190329211206867430000000
  • Prop. Type: Multi-Family
  • Utilities Sewer System: Public Sewer
  • Water Source: Public
  • Estimated Total Finished Sq Ft: 22480.00
  • Number Of Stories: 2
  • P And L Available: No
  • Rental Income Period: Monthly
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1941

Interior Features

  • In City Limits: Yes
  • Laundry: None
  • Number Of Buildings: 1

Exterior Features

  • Exterior: Brick, Other, Stone, Stucco, Wood

Garage/Parking

  • Parking: Other

Utilities

  • Cooling: None
  • Heating: None

Condo/Co-op/Association

  • Type of Unit: 5+ Family

Fee Information

  • Taxes: 699.00

Schools

  • Middle School: Other

Lot Info

  • Estimated Acres: 0.86
  • Zoning: C-0, RS-3

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Year: 2024

Multi Family

  • Landlord Expenses: Insurance, Taxes
  • Number Rental Units: 32

MLS Schools

  • Elementary School: Other

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 For Sale $700,000 -- $31 / Sq Ft
Source: Jefferson City Area Board of REALTORS®

About the Listing Agent

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Source: Jefferson City Area Board of REALTORS®

MLS Number: 10071071

Jefferson City Area Board of REALTORS®