19824 State Highway 112, Cassville, MO 65625
New Listing
$3,395,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
858,132
Status:
Active
Current Price:
$3,395,000
List Date:
7/25/2026
Last Modified:
7/25/2026
Overview
Description
...
(Read more)
Investor opportunity near Cassville! This 20 unit complex features six duplexes and an 8-plex, with each 2/1 unit ranging from 750-900 sf in size. Units are all-electric and have been meticulously maintainted, including new roofs on all units, new mini-split HVAC systems, and new windows. All units are low maintenance brick exterior. Occupancy is consistently 90-100%, with a waiting list of interested tenants.
Also included in the sale is the owner's home. This is a 3/2.5 single story home built for comfort, luxury, and function. It offers plenty of living space and a functional floor plan. The custom kitchen features beautiful granite counters. A home office and family room on one end could be readily made into additional bedrooms. The patio/pool area is a masterpiece, featuring an 18x36' in-ground heated pool, large hot tub, covered outdoor dining area, and gas firepit. It has been extensively remodeled and updated, and is being sold fully furnished, ready for use as an additional upscale rental. The residence could also be remodeled into a deluxe duplex for additional income streams. A large detached garage offers plenty of parking and storage, and next to it is a newer 1200 sf shop.
Also worth noting is the acreage. With nearly 20 acres, there is plenty of room to add more apartments, storage units, cabins, or homes. A pond near the home is stocked with fish. With highway on the west and a county road on the east, access is very good. It is situated just minutes from the golf course, and short drive to Roaring River State Park and Table Rock Lake, two very popular tourist attractions.
All in all, this is a remarkable property packaged together for a great investment opportunity. The current cap rate is 5.3%, with a realistic cap rate potential of 6+%.
Listing Details MLS# 60329778
Contract Information
- Property Sub-Type
- Apartment Building
- Begin Date
- 2026-07-24
- Transaction Type
- Sale
- Foreclosure/Short Sale
- No
- Agreement Type
- Exclusive Right To Sell
- Sign on Property
- Yes
Location Tax and Other Information
- Street #
- 19824
- Street Name/Route
- State Highway 112
- County
- Barry
- State/Province
- MO
- Zip Code
- 65625
- Subdivision
- N/A
- Parcel ID
- 23-2.0-04-000-000-0049.000
- Real Estate Tax
- 7749
- Tax Year
- 2025
- Zoning
- Residential
- Section
- 4
- Township
- 22
General Property Description
- SqFt Finsh'd & Unfnsh'd
- 5000 or more
- Aprx Year Built
- 1991
- Total Monthly Rent
- 15850
- Number of Units
- 20
- # Two Bedroom Units
- 20
- Aprx Lot Size (Acres)
- 19.7
- Lot Dimensions
- Acres
- Garage/Carport
- Yes
- Total Garage/Carport Stalls
- 5
- # Detached Garage Spaces
- 5
- Elementary School
- Cassville
- Middle School
- Cassville
- High School
- Cassville
- Waterfront/View
- None
- Lake/River
- None
- # Attached Garage Spaces
- 0
- # Detached Carport Spaces
- 0
Remarks Misc
- Directions
- From Cassville, go south on Highway 112 for 2.6 miles. Property is on the left (east) side of the highway.
Listing Info
- Owner Agent
- No
More Information
Two Bed Units
- Two Bed $
- Over $450
- Two Bed SqFt
- 751 - 1,000 SqFt
Location, Tax and Other Information
- Inside City Limits
- No
- RE Tax Provided By
- Owner
How to Show
- Call Listing Agent
- Yes
Construction
- Brick
- Yes
- Wood Frame
- Yes
Utilities
- Co-Op
- Yes
- Electricity
- Yes
- High Speed Internet Access
- Yes
- Trash
- Yes
- Water
- Yes
Cooling
- Ceiling Fans
- Yes
- Wall Unit
- Yes
- Other - See Remarks
- Yes
Appliances
- Dishwasher
- Yes
- Oven/Range
- Yes
- Refrigerator
- Yes
Baths
- 1 Per Unit
- Yes
Heating
- Other - See Remarks
- Yes
Roofing Material
- Dimensional Shingles
- Yes
Eco-Friendly
- High Efficiency HVAC
- Yes
Possession
- At Closing
- Yes
- Subject to Tenant Rt
- Yes
Will Sell
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Buildings
- Four or More Buildings
- Yes
Water
- Rural Water
- Yes
- Well - Private
- Yes
Sewer
- Cesspool/Lagoon
- Yes
- Septic
- Yes
Flood Insurance
- Not Required
- Yes
Documents Available
- Disclosure
- Yes
- Financial Records
- Yes
Type of Tenancy
- Lease
- Yes
- Monthly
- Yes
Yearly Net Oper Inc
- Over $25,000
- Yes
Deposits
- Deposit Required
- Yes
Property Features
How to Show:
Call Listing Agent
Baths:
1 Per Unit
Appliances:
Dishwasher; Oven/Range; Refrigerator
Cooling:
Ceiling Fans; Wall Unit; Other - See Remarks
Heating:
Other - See Remarks
Eco-Friendly:
High Efficiency HVAC
Buildings:
Four or More Buildings
Construction:
Brick; Wood Frame
Roofing Material:
Dimensional Shingles
Water:
Rural Water; Well - Private
Sewer:
Cesspool/Lagoon; Septic
Utilities:
Co-Op; Electricity; High Speed Internet Access; Trash; Water
Flood Insurance:
Not Required
Documents Available:
Financial Records; Disclosure
Type of Tenancy:
Lease; Monthly
Yearly Net Oper Inc:
Over $25,000
Possession:
At Closing; Subject to Tenant Rt
Will Sell:
1031 Exchange; Cash; Conventional
Deposits:
Deposit Required
Listing Office:
Midwest Land Group
Last Updated: July - 25 - 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.
