190 West Main Street, Gainesville, MO 65655 (MLS# 60316112)

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
Listing Office: United Country Missouri Ozarks Realty Inc.
IDX
Last Updated: February - 27 - 2026
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