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18800 2nd Avenue, Wheatland, MO 65779
New Listing
$50,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
15,246
Status:
Active
Current Price:
$50,000
List Date:
6/09/2026
Last Modified:
6/09/2026
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 Lake
Whether 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.
More Information MLS# 60325877
Contract Information
Transaction Type: Sale
Sub Lease: No
Parent/Child: None
Historical District: No
Foreclosure/Short Sale: No
Property Sub-Type: Other
Begin Date: 2026-06-08
List Price: $50,000
Agreement Type: Exclusive Right To Sell
Sign on Property: 1
Location, Tax and Other Information
Inside City Limits: Yes
RE Tax Provided By: Assessor Records
General Property Description
SqFt Finsh'd & Unfnsh'd: Less than 1100
Total Monthly Rent: 300600
# Two Bedroom Units: 2
Waterfront/View: None
Lake/River: None
Aprx Year Built: 1970
Number of Units: 2
Aprx Lot Size (Acres): 0.35
Lot Dimensions: Acres
Elementary School: Wheatland
Middle School: Wheatland
High School: Wheatland
Listing Info
Owner Agent: No
Construction
Metal: 1
Two Bed Units
Two Bed $: $251 - $350
Two Bed SqFt: 500 - 750 SqFt
Utilities
Electricity: 1
High Speed Internet Access: 1
Sewer: 1
Cooling
Window Unit(s): 1
Baths
1 Per Unit: 1
Heating
Other - See Remarks: 1
Roofing Material
Metal: 1
Will Sell
Cash: 1
Conventional: 1
Streets
Asphalt: 1
Water
City Water: 1
Sewer
City Sewer: 1
Type of Tenancy
Monthly: 1
Yearly Net Oper Inc
$5,001 - $10,000: 1
Deposits
No Deposit Required: 1
Location Tax and Other Information
Street #: 18800
Street Name/Route: 2nd
Suffix: Avenue
County: Hickory
State/Province: MO
Zip Code: 65779
Subdivision: Hickory-Not in List
Parcel ID: 05-6.0-24-004-015-002.000
Real Estate Tax: 91.13
Tax Year: 2023
Legal Description: Block 4 Lots 4 & 5 Town Of Wheatland
Zoning: ~
Remarks Misc
Directions: 54 West to Clark Street South to Property on Left
Status Change Info
Status: Active
Property Features
Baths: 1 Per Unit
Cooling: Window Unit(s)
Heating: Other - See Remarks
Construction: Metal
Roofing Material: Metal
Streets: Asphalt
Water: City Water
Sewer: City Sewer
Utilities: Electricity; High Speed Internet Access; Sewer
Type of Tenancy: Monthly
Yearly Net Oper Inc: $5,001 - $10,000
Will Sell: Cash; Conventional
Deposits: No Deposit Required
Listing Office:
Akins Realty
Last Updated: June - 09 - 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.