18800 2nd Avenue, Wheatland, MO 65779 (MLS# 60325877)

18800 2nd Avenue, Wheatland, MO 65779

$50,000
Property Type: MultiFamily Lot Size (sq. ft.): 15,246 Status: Active
Current Price: $50,000 List Date: 6/09/2026 Last Modified: 7/21/2026

Overview

Description

🏠🏠 **2 Houses. 1 Price. And a whole lotta upside.** Everybody talks about finding cash flow. Most spend months looking. This one's sitting right here. Two mobile homes selling together for just **$50,000**. One currently rented to a long-term tenant at **$300/month**, and the other recently vacant after bringing in **$300/month** as well. That's $600/month gross potential right out of the gate, and there's still room to push rents, make improvements, and increase returns. 📈 Current income potential 💰 Strong cap rate at asking price 🔨 Value-add opportunity through updates and rent increases 🏡 Long-term tenant already in place 📍 Close to Lucas Oil Speedway and Pomme de Terre Lake Whether you're looking for your first investment property or another addition to the portfolio, deals under $50k with existing income are getting harder and harder to find. Not flashy. Not fancy. Just the kind of property investors quietl ...

Listing Details MLS# 60325877

Contract Information

Property Sub-Type
Other
Begin Date
2026-06-08
Transaction Type
Sale
Sub Lease
No
Parent/Child
None
Historical District
No
Foreclosure/Short Sale
No
Agreement Type
Exclusive Right To Sell
Sign on Property
Yes

Location Tax and Other Information

Street #
18800
Street Name/Route
2nd
Suffix
Avenue
County
Hickory
State/Province
MO
Zip Code
65779
Subdivision
Hickory-Not in List
Parcel ID
05-6.0-24-004-015-002.000
Real Estate Tax
91.13
Tax Year
2023
Legal Description
Block 4 Lots 4 & 5 Town Of Wheatland
Zoning
~

General Property Description

SqFt Finsh'd & Unfnsh'd
Less than 1100
Aprx Year Built
1970
Total Monthly Rent
300600
Number of Units
2
# Two Bedroom Units
2
Aprx Lot Size (Acres)
0.35
Lot Dimensions
Acres
Elementary School
Wheatland
Middle School
Wheatland
High School
Wheatland
Waterfront/View
None
Lake/River
None

Remarks Misc

Directions
54 West to Clark Street South to Property on Left

Listing Info

Owner Agent
No

More Information

Two Bed Units

Two Bed $
$251 - $350
Two Bed SqFt
500 - 750 SqFt

Location, Tax and Other Information

Inside City Limits
Yes
RE Tax Provided By
Assessor Records

Construction

Metal
Yes

Utilities

Electricity
Yes
High Speed Internet Access
Yes
Sewer
Yes

Cooling

Window Unit(s)
Yes

Baths

1 Per Unit
Yes

Heating

Other - See Remarks
Yes

Roofing Material

Metal
Yes

Will Sell

Cash
Yes
Conventional
Yes

Streets

Asphalt
Yes

Water

City Water
Yes

Sewer

City Sewer
Yes

Type of Tenancy

Monthly
Yes

Yearly Net Oper Inc

$5,001 - $10,000
Yes

Deposits

No Deposit Required
Yes

Property Features

Baths: 1 Per Unit Cooling: Window Unit(s) Heating: Other - See Remarks Construction: Metal Roofing Material: Metal Streets: Asphalt Water: City Water Sewer: City Sewer Utilities: Electricity; High Speed Internet Access; Sewer Type of Tenancy: Monthly Yearly Net Oper Inc: $5,001 - $10,000 Will Sell: Cash; Conventional Deposits: No Deposit Required
IDX
Listing Office: Akins Realty
Last Updated: July - 21 - 2026
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 the website owner are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is not guaranteed and should be verified by the consumer and is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers wish to purchase. Any representation that a web site contains all listings shall only mean that the web site contain all listing available to the public through the IDX data feed and other available properties may not be displayed on this site. © 2023 Southern Missouri Regional MLS, LLC All rights reserved.