# 23195 Shannon Lane, Summersville, MO 65571

> **TL;DR:** 7bd/0ba residential multi family, $450,000, built 1980. Est. $1,950/mo. Listed 242 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $450,000 |
| Bedrooms | 7 |
| Year Built | 1980 |
| Lot Size | 210,395 sqft (4.83 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 242 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,950 |
| **Total** | **$1,950** |

## Nearby Schools

- **Elementary:** Summersville
- **Middle:** Summersville
- **High:** Summersville

## Property Highlights

- Built in 1980
- 4.83 acre lot

## Description

### Agent Description
Investor Opportunity: 7-Unit Apartment + 21 Storage Units on 3 Acres near Summersville, MODiscover a turnkey income property in the heart of the Missouri Ozarks. This well-located portfolio includes 7 one-bedroom/one-bath apartment units (6 leased, 1 available) and 21 storage units, all situated on 4+ acres with generous expansion potential. Built with durable metal roofing and served by two septic systems, this asset offers both stability and flexibility.Positioned just minutes from downtown Summersville, the property provides tenants with easy access to local amenities, schools, and services, while delivering the peace and scenic charm of rural living.Nature and recreation abound in this region. The property lies within reach of the Mark Twain National Forest and enjoys proximity to the Eleven Point Wild & Scenic River and the Jacks Fork River--drawing paddlers, anglers, hikers, and nature lovers from across the region.For investors, the existing rent roll delivers strong cash flow, and the vacant unit presents an immediate upside. Meanwhile, the ample site acreage creates room for further units, additional storage, or alternative commercial uses over time.This is your chance to acquire a multi-asset, low-maintenance property with built-in expansion potential in a desirable outdoor recreation market of southern Missouri.

## Location

- **Address:** 23195 Shannon Lane, Summersville, MO 65571
- **County:** Texas
- **Coordinates:** 37.191491, -91.654722
- **Google Maps:** https://www.google.com/maps?q=37.191491,-91.654722

## Listing Agent

- **Name:** Kimberly Grennan
- **Brokerage:** United Country Missouri Ozarks Realty Inc.
- **Phone:** 4172937277
- **Email:** kim@westplainsuc.com

## Primary Photo

![23195 Shannon Lane - Primary Photo](http://lh.rdcpix.com/252ae9ca1acbac16492fb539c89cd22fl-f461645680r.jpg)

*33 total photos available on [listing page](https://www.propertysimple.com/listing/23195-shannon-lane-summersville-mo-65571-60306262)*

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**MLS#:** 60306262 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/23195-shannon-lane-summersville-mo-65571-60306262)

---

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