$224,900

Property Description

Discover a unique investment opportunity with two homes, 16 acres, and a heated and cooled shop, all located within the Gainesville city limits in the heart of the Missouri Ozarks. Offering multiple potential income streams, room for future possibilities, and convenient access to town, this versatile property is well suited for investors, multi-generational living, or buyers looking for additional space and flexibility.The first home offers 2 bedrooms, 1 bathroom, and approximately 1,054 square feet of living space, along with a carport. Both homes are also available separately, providing additional purchasing options.The second home features 3 bedrooms, 1 bathroom, and approximately 840 square feet of living space. It could serve as an additional rental, guest home, or personal residence.Both homes are connected to city sewer. Each property also has a well; one well was previously in use, while the other home's well condition is unknown because that residence is currently connected to city water.Adding even more value is a 34' x 24' shop building that is heated and cooled, creating a comfortable and functional workspace year-round. Whether used for automotive work, equipment and tool storage, hobbies, a personal workshop, or other uses, this building adds excellent versatility to the property.With approximately 16 acres, there is plenty of room to enjoy the property as it is while also exploring potential future uses or development, subject to applicable city requirements and approvals.Whether you're searching for rental investment property, multiple residences, acreage within Gainesville city limits, or a property with a quality shop, this Ozark County offering provides a combination that can be difficult to find. Take advantage of the space, flexibility, and income-producing potential this unique property has to offer!

Property Facts & Features

Property Type

Single Family

Status

For Sale

Listed

Sep 9, 2026

Price per Sq Ft

$213/sqft

ZIP Code

65655

Full Baths

1

Stories

1

Garage

1 space

Parking

Covered, Driveway

Heating

Stove, Ventless

Cooling

Window Unit(S)

Construction

Vinyl Siding

Property Tax (2026)

$354/yr

Assessed Value

$9,030

County

Ozark

School District

Gainesville R-V School District

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 36.60057 · Lng -92.45442