1 South Street, Kimberling City, MO 65686
$1,300,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
20,909
Status:
Active
Current Price:
$1,300,000
List Date:
10/12/2026
Last Modified:
10/12/2026
Overview
Description
...
(Read more)
RARE 8-UNIT INVESTMENT OPPORTUNITY JUST STEPS FROM TABLE ROCK LAKE!
Welcome to 1 South Street in Kimberling City--an exceptional income-producing property offering eight updated rental units, established long-term tenants, an outstanding lake-area location and commercial zoning with future flexibility.
The property features eight total units: six units together plus a separate duplex. Each unit offers 2 bedrooms, 1.5 bathrooms and approximately 1,100 square feet, providing spacious, desirable floor plans. With approximately 8,800 square feet of rentable living space and 16 total bedrooms, this property offers impressive scale in a prime Table Rock Lake location.
The property was extensively remodeled and updated approximately three years ago, allowing a new owner to acquire an established investment without the immediate major renovation needs often associated with multifamily properties. The roof is also less than 10 years old.
LOCATION IS THE DIFFERENCE. Public access to Table Rock Lake is less than a two-minute walk away, putting residents and future guests just steps from one of the Ozarks' premier recreational destinations. Restaurants, shopping and services in Kimberling City are nearby, while Branson and surrounding Table Rock Lake attractions are within easy reach.
Currently operated as successful long-term rentals, the property provides established income and attractive potential at the current asking price. Commercial zoning may also provide opportunities for nightly/short-term rentals or other permitted uses. Buyers should independently verify licensing and permitted-use requirements with the City of Kimberling City.
Continue the existing rental operation, explore short-term rentals, combine rental strategies or evaluate other permitted uses.
Eight units. Updated. Established rentals. Commercial zoning. Table Rock Lake just steps away. Offered at $1,295,000.
Listing Details MLS# 60336158
Contract Information
- Property Sub-Type
- Apartment Building
- Begin Date
- 2026-10-12
- Transaction Type
- Sale
- Foreclosure/Short Sale
- No
- Agreement Type
- Exclusive Right To Sell
Location Tax and Other Information
- Street #
- Yes
- Street Name/Route
- South
- Suffix
- Street
- County
- Stone
- State/Province
- MO
- Zip Code
- 65686
- Subdivision
- Kimberling Hills
- Parcel ID
- 14-2.0-04-001-009-002.000
- Real Estate Tax
- 6827.91
- Tax Year
- 2025
- Association Fee (Ann
- 7428
- Zoning
- NA
General Property Description
- SqFt Finsh'd & Unfnsh'd
- 5000 or more
- Aprx Year Built
- 2005
- Total Monthly Rent
- 12500
- Number of Units
- 8
- Aprx Lot Size (Acres)
- 0.48
- Lot Dimensions
- Acres
- Garage/Carport
- Yes
- Total Garage/Carport Stalls
- 8
- # Attached Garage Spaces
- 8
- Elementary School
- Reeds Spring
- Middle School
- Reeds Spring
- High School
- Reeds Spring
- Waterfront/View
- None
- Lake/River
- None
- # Detached Garage Spaces
- 0
- # Detached Carport Spaces
- 0
Remarks Misc
- Directions
- From MO-13, turn east onto James River Rd., continue into Kimberling City, then turn onto South St. Arrive at 1 South St. on the right.
Listing Info
- Owner Agent
- Yes
More Information
Two Bed Units
- Two Bed SqFt
- Over 1,000 SqFt
Location, Tax and Other Information
- Inside City Limits
- Yes
Unit Features
- Carpet
- Yes
- Washer/Dryer Hookup
- Yes
Cooling
- Central
- Yes
Appliances
- Dishwasher
- Yes
- Disposal
- Yes
- Microwave
- Yes
- Oven/Range
- Yes
- Refrigerator
- Yes
Baths
- 2 Per Unit
- Yes
Heating
- Forced Air
- Yes
Water
- Public Water Available
- Yes
Sewer
- Public
- Yes
Property Features
Unit Features:
Carpet; Washer/Dryer Hookup
Baths:
2 Per Unit
Appliances:
Dishwasher; Disposal; Microwave; Oven/Range; Refrigerator
Cooling:
Central
Heating:
Forced Air
Water:
Public Water Available
Sewer:
Public
Listing Office:
Keller Williams Local
Last Updated: October - 12 - 2026
Broker Attribution:
klrw369@kw.com
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