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
IDX
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.

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