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About This Home

This 4-bedroom, 4-bathroom single family at 190 W Main Street in Gainesville, MO is listed for $499,900 ($90 per sqft). Built in 1938, the home offers 5,524 sqft of living space on a 0.55 acres lot.

Agent 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 l

ooking 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

Key Features

  • Built in 1938
  • 0.55 acre lot
  • Fireplace

Property Details

1 story
2 full, 2 half
1938

Amenities

FireplaceA/C

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,166
Insurance$146

Estimates only. Actual payments may vary.

Location

190 W Main Street

Gainesville, MO 65655

Features & Amenities

Interior Features

High Ceilings

Property Details

Flooring

LaminateVinylConcreteCarpet

Construction

Stone

Pool Features

Deck

Heating

Forced AirCentralFireplace(s)Heat Pump (Heating)

Cooling

Ceiling Fan(s)Central AirHeat Pump

Appliances

Electric Water HeaterPropane Water HeaterFree-Standing Propane OvenFree-Standing Electric Oven

Questions & Answers

This 4-bedroom, 4-bathroom single family at 190 W Main Street is listed at $499,900 ($90/sqft). The estimated monthly payment is $2,166 based on 20% down at 6.5% interest.

Key features include: Built in 1938, 0.55 acre lot, Fireplace. Interior Features: High Ceilings.

This property is listed by Amanda Watkins and can be reached at 4175434128 or awatkins@westplainsuc.com.

AW

Amanda Watkins

Agent at United Country Missouri Ozarks Realty Inc.

(417) 543-4128

Listed by United Country Missouri Ozarks Realty Inc. · View on Broker Site

MLS# 60316112· Source: listhub· Updated 97 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.

190 W Main Street, Gainesville, MO 65655

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