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About This Home

This 4-bedroom, 1-bathroom residential multi family at 18800 2nd Avenue in Wheatland, MO is listed for $50,000. Built in 1970, on a 0.35 acres lot.

Agent 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 LakeWhether 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 quietly buy while everybody else is chasing the next shiny thing. Give me a call before somebody else runs the numbers.

Key Features

  • Built in 1970
  • 0.35 acre lot

Property Details

1 full
1970

Amenities

A/C

Monthly Cost Estimate

$267/mo

20% down · 6.5% · 30 years

Principal$36
Interest$217
Insurance$15

Estimates only. Actual payments may vary.

Location

18800 2nd Avenue

Wheatland, MO 65779

Hickory-Not in List

Property Details

Construction

Metal

Cooling

Window Unit(s)

Questions & Answers

This 4-bedroom, 1-bathroom residential multi family at 18800 2nd Avenue is listed at $50,000. The estimated monthly payment is $217 based on 20% down at 6.5% interest.

Key features include: Built in 1970, 0.35 acre lot.

This property is listed by Nicholas Lemuel Henderson and can be reached at 4178406894 or nick@akinsrealty.com.

NH

Nicholas Lemuel Henderson

Agent at Akins Realty

(417) 840-6894

Listed by Akins Realty · View on Broker Site

MLS# 60325877· Source: listhub· Updated 2 days ago

Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

18800 2nd Avenue, Wheatland, MO 65779

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