190 West Main Street, Gainesville, MO 65655
$499,900
Property Type:
Residential For Sale
Bedrooms:
4
Baths:
4
Square Footage:
5,524
Lot Size (sq. ft.):
23,958
Status:
Active
Current Price:
$499,900
List Date:
2/24/2026
Last Modified:
2/27/2026
Description
Great investment potential in Gainesville, MO, in the heart of the beautiful Missouri Ozarks! Perfectly positioned between Bull Shoals Lake and Norfork Lake, and just minutes from the North Fork of the White River and Bryant Creek, this property offers prime access to some of the region's most sought-after recreational destinations.
Whether you're looking for a multi-family setup, rental income opportunity, or a flexible living arrangement, this property delivers exceptional versatility. The home currently features three separate apartment-style living areas. Two living areas are finished and move-in ready, while the third is in the process of being remodeled, giving you the opportunity to finish it to your vision and instantly add value. With outside measurements showing a sq footage of approximately 6500 sq ft and floor plans showing approximately 5524 sq ft of living space and 698 sq ft of unfinished storage, the possibilities are truly endless.
Inside you'll find four finished bedrooms, two finished living areas, and five bathrooms, creating plenty of space for tenants, extended family, or a combination of both. The layout allows for separate entrances and private living quarters, making short-term or long-term rental possibilities incredibly appealing in this high-demand lake and river region.
Storage space is abundant throughout the property, adding convenience and practicality for both owners and tenants. With strong tourism appeal from nearby lakes and rivers, this property presents excellent income-producing potential or the chance to create a spacious multi-generational home.
Opportunities like this in Gainesville don't come around often. Finish the remodel, maximize the layout, and unlock the full potential of this Ozarks investment property
More Information MLS# 60316112
Contract Information
Vacation Rental: No
List Price/Total SqFt: 90.5
Parent/Child: Parent
Foreclosure/Short Sale: No
Reserve Item: No
Agreement Type: Exclusive Right To Sell
Property Sub-Type: Multiple Residences
Begin Date: 2026-02-24
List Price: $499,900
Sign on Property: 1
Location, Tax and Other Information
Inside City Limits: Yes
RE Tax Provided By: Assessor Records
Keywords
Stories: 1
Elementary School: Gainesville
Middle School: Gainesville
High School: Gainesville
General Property Description
Above Grade UnFin SqFt: 0
Below Grade UnFin SqFt: 0
Waterfront/View: None
Basement: No
Lake/River/Creek: None
Propane Tank: Yes
Propane Tank Ownership: Owned
Total Bedrooms: 4
Baths - Full: 2
Baths - Half: 2
Baths - Total: 4
Above Grade Fin SqFt: 5524
Total Finished SqFt (All Levels): 5524
Total SqFt: 5524
SqFt Provided By: Owner
Aprx Year Built: 1938
Lot Size Provided By: Tax Records
Aprx Lot Size (Acres): 0.55
Listing Info
Owner Agent: No
Related to Owner: No
View
Panoramic: 1
Utility Room
Main Floor: 1
Dining
Kitchen/Dining Combo: 1
Living/Dining Combo: 1
Interior Features
High Ceilings: 1
Cooling
Ceiling Fans: 1
Central: 1
Heat Pump: 1
Other Rooms
2nd Kitchen: 1
Apartment: 1
In-law Quarters: 1
Living Areas (3+): 1
Appliances
Free Standing Stove: Electric: 1
Free Standing Stove: Propane: 1
Electric Water Heater: 1
Propane Water Heater: 1
Fireplace Features
Fireplace: Yes
Free Standing: 1
Living Room: 1
Wood Burning: 1
Heating
Central: 1
Fireplace: 1
Forced Air: 1
Heat Pump: 1
Heating Source
Electric: 1
Road Frontage
City Street: 1
Flooring
Carpet: 1
Concrete Stained: 1
Laminate: 1
Luxury Vinyl: 1
Road Surface
Street - Asphalt: 1
Cooling Source
Electric: 1
Architecture
1 Story: 1
Roofing Material
Metal: 1
Home Association Info
Home Owners/Condo Owners Association: None
Foundation
Concrete Block: 1
Poured Concrete: 1
Possession
At Closing: 1
Construction Materials
Stone: 1
Will Sell
Cash: 1
Conventional: 1
Patio and Porch Features
Covered Deck/Porch: 1
Deck: 1
Shop Building Features
Shop Building: No
Water
City Water: 1
Sewer
Public Sewer: 1
Lot Features
Acreage: 1
Paved Frontage: 1
Flood Insurance
Required: 1
Documents Available
Aerial Map: 1
Disclosure - Lead Base Paint: 1
Seller Disclosure: 1
Easements & Restrict
Flood Plain: 1
Warranty Type
None: 1
Location Tax and Other Information
Street #: 190
Street Direction: West
Street Name/Route: Main
Suffix: Street
County: Ozark
State/Province: MO
Zip Code: 65655
Section: 7
Township: 22
Parcel ID: 15-0.3-07-001-001-0003.000
Subdivision: N/A
Real Estate Tax: 592.59
Tax Year: 2025
Remarks Misc
Directions: From Gainesville square, turn right after city hall property on the right.
Status Change Info
Status: Active
Property Features
View: Panoramic
Utility Room: Main Floor
Dining: Kitchen/Dining Combo; Living/Dining Combo
Other Rooms: 2nd Kitchen; Apartment; In-law Quarters; Living Areas (3+)
Appliances: Free Standing Stove: Electric; Free Standing Stove: Propane; Electric Water Heater; Propane Water Heater
Fireplace Features: Free Standing; Living Room; Wood Burning
Interior Features: High Ceilings
Flooring: Carpet; Concrete Stained; Laminate; Luxury Vinyl
Cooling: Ceiling Fans; Central; Heat Pump
Cooling Source: Electric
Heating: Central; Fireplace; Forced Air; Heat Pump
Heating Source: Electric
Architecture: 1 Story
Patio and Porch Features: Covered Deck/Porch; Deck
Construction Materials: Stone
Foundation: Concrete Block; Poured Concrete
Roofing Material: Metal
Lot Features: Acreage; Paved Frontage
Water: City Water
Sewer: Public Sewer
Road Frontage: City Street
Road Surface: Street - Asphalt
Will Sell: Cash; Conventional
Flood Insurance: Required
Possession: At Closing
Documents Available: Aerial Map; Disclosure - Lead Base Paint; Seller Disclosure
Warranty Type: None
Documents
Listing Office:
United Country Missouri Ozarks Realty Inc.
Last Updated: February - 27 - 2026
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