# 515 Nebraska Avenue, West Plains, MO 65775

> **TL;DR:** 0bd/9ba single family, $799,900, built 1972.
> View, A/C. Est. $3,466/mo. Listed 447 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $799,900 |
| Bathrooms | 9 full |
| Year Built | 1972 |
| Lot Size | 21,780 sqft (0.50 acres) |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 447 |

## Why This Home Stands Out

- **Views** - City

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,466 |
| **Total** | **$3,466** |

## Key Amenities

- View
- A/C

## Property Highlights

- Built in 1972
- 0.50 acre lot

## Description

### Agent Description
For Sale - Income-Producing Multi-Unit Property in West Plains, MO!Prime Investment Opportunity in Howell CountyDiscover a brand-new multi-family investment property at 515 Nebraska Street, West Plains, MO! This former church has been fully converted into eight modern apartments, offering high-quality finishes, excellent location, and strong income potential.Property Features (Largest to Smallest Units):One (1) unit - 850 sq. ft. | 2 Bed / 1 Bath | Open concept, Luxury Vinyl Flooring, Quartz Countertops, Private DeckFive (5) units - 600 sq. ft. | 1 Bed / 1 Bath | Open concept, Luxury Vinyl Flooring, Quartz Countertops, Private DeckOne (1) unit - 450 sq. ft. | 1 Bed / 1 Bath | Open concept, Luxury Vinyl Flooring, Quartz Countertops, Private DeckSpacious parking lot and outdoor green spaceSituated on a .48-acre lot in a quiet neighborhoodPrime Location - High Rental Demand!Property Highlights:Fully remodeled 7-unit apartment complex - turnkey and like newStrong income producer with an estimated 9.5% cap rateUnits include one 2-bed unit ($1,200/month), four 1-bed units ($1,000/month), and one small unit ($900/month)Seventh unit is an active Airbnb generating approximately $21,900/year at $100/nightGross annual rental income: approximately $95,800Net Operating Income (NOI): approximately $76,000All units include appliancesOwner pays utilities and property taxesIncludes Airbnb management potential or option to convert to long-term rentalExcellent investment opportunity with low maintenance and high-demand rental unitsPriced at $799,900 - potential for upside depending on rental mixLocated in West Plains, Missouri, this property is just minutes from:Missouri State University - West PlainsDowntown West PlainsOzarks HealthcareRestaurants, shopping, and essential amenitiesTurnkey Investment - Strong ROI PotentialNew Construction - Modern Features

## Location

- **Address:** 515 Nebraska Avenue, West Plains, MO 65775
- **County:** Howell
- **Neighborhood:** Howell-Not in List
- **Coordinates:** 36.732825, -91.861581
- **Google Maps:** https://www.google.com/maps?q=36.732825,-91.861581

## Listing Agent

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

## Primary Photo

![515 Nebraska Avenue - Primary Photo](http://lh.rdcpix.com/41b43efd7db9f98284135acf3177a264l-f107745642r.jpg)

*29 total photos available on [listing page](https://www.propertysimple.com/listing/515-nebraska-avenue-west-plains-mo-65775-60288890)*

---

**MLS#:** 60288890 | **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/515-nebraska-avenue-west-plains-mo-65775-60288890)

---

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  "description": "For Sale - Income-Producing Multi-Unit Property in West Plains, MO!Prime Investment Opportunity in Howell CountyDiscover a brand-new multi-family investment property at 515 Nebraska Street, West Plains, MO! This former church has been fully converted into eight modern apartments, offering high-quality finishes, excellent location, and strong income potential.Property Features (Largest to Smallest Units):One (1) unit - 850 sq. ft. | 2 Bed / 1 Bath | Open concept, Luxury Vinyl Flooring, Quartz Cou",
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