$800,000
Kimberling City, MO 65686
MLS# 60298782
Status: Closed
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Property Description
Zoned for Nightly rentals! Units can also be subdivided per zoning. 2 buildings. Building A is a charming three plex with townhome design.1200 sf in each unit (upstairs/downstairs) built in 1978. They are 2 BR/2BA, updated paint and flooring in several units. Deck and lake views. The second building is a 6 plex Built in 1993. Almost 800 sf in each unit 2 BR/1 BA. All units feature central heat and air, kitchen appliances. Roof new in 2020, multiple Heat and air systems have been replaced. (See detail sheet) Proven Rental History and many of the updates have been made. Individually metered utilities. Owner pays water and trash. Public water and septic certified by Stone County. Expenses are minimal and many opportunities since all 9 of these units are zoned for Nightly condo rentals. Currently used as a long-term rental. 2 units have been emptied and some tenants are month to month to facilitate conversion, or new tenants can be placed prior to closing. Manager is happy to continue. Vinyl siding, laminate or LVP flooring and newer paint in each unit. Units have been updated as tenants move in/out. Beautiful views of the Lake from every unit. Restaurant next door. Great location in area of new construction. Close to both Kimberling City and Dogwood Canyon. just 1.5 south of Kimberling City Bridge. Public boat ramp nearby. There is a nice road behind the complex that has access to the Lake, parking space for about 4 or 5 cars and great cove for kayaking or canoeing. There is a trail completed to walk there as well. Great opportunity in growing area!
Details
Maps
Contract Information
Transaction Type: Sale
Parent/Child: Child
Parent MLS #: 60298782
Foreclosure/Short Sale: No
Property Sub-Type: Duplex/Triplex/Fourplex
Begin Date: 2025-07-01
List Price: $800,000
Agreement Type: Exclusive Right To Sell
Location, Tax and Other Information
Modifier: State
Inside City Limits: No
RE Tax Provided By: Assessor Records
General Property Description
SqFt-Aprx: 8400
SqFt Finsh'd & Unfnsh'd: 5000 or more
Total Monthly Rent: 7800
# Efficiency Units: 0
# One Bedroom Units: 0
# Two Bedroom Units: 9
# Three Bedroom Units: 0
Waterfront/View: Front
View: Yes
Lake/River: Table Rock
Aprx Year Built: 1993
Number of Units: 9
Aprx Lot Size (Acres): 3.05
Lot Dimensions: Acres
Elementary School: Blue Eye
Middle School: Blue Eye
High School: Blue Eye
Status Change Info
Price Disclosed: Yes
Status: Closed
Under Contract Date: 2025-07-26
Sold Date: 2025-09-05
Views
Panoramic: 1
Year Round: 1
Unit Features
All Units: 1
Patio/Balcony: 1
Washer/Dryer Hookup: 1
Construction
Stone: 1
Vinyl Siding: 1
Wood Frame: 1
Two Bed Units
Two Bed $: Over $450
Two Bed SqFt: 751 - 1,000 SqFt
Utilities
Electricity: 1
High Speed Internet Access: 1
Separate Meters: 1
Tenant Pays Part: 1
Trash: 1
Water: 1
Cooling
Central: 1
Appliances
Dishwasher: 1
Oven/Range: 1
Refrigerator: 1
Baths
Unit 1: 2
Unit 2: 1
Heating
Central: 1
Forced Air: 1
Miscellaneous
Drought Resist Ldscp: 1
Native Landscaping: 1
Smoke Detector: 1
Parking
Two or More: 1
Roofing Material
Composition: 1
Possession
At Closing: 1
Subject to Tenant Rt: 1
Will Sell
1031 Exchange: 1
Cash: 1
Conventional: 1
Buildings
Two Buildings: 1
Two Stories: 1
Streets
Asphalt: 1
Water
City Water: 1
Sewer
Septic: 1
Flood Insurance
Unknown: 1
Documents Available
Disclosure: 1
Financial Records: 1
Fixtures List: 1
Type of Tenancy
Monthly: 1
Other: 1
Yearly Net Oper Inc
Over $25,000: 1
Deposits
Deposit Required: 1
Location Tax and Other Information
Street #: 9755
Street Name/Route: State Highway 13
County: Stone
State/Province: MO
Zip Code: 65686
Subdivision: N/A
Parcel ID: 14-5.0-21-000-000-006.001
Real Estate Tax: 2628.75
Tax Year: 2024
Legal Description: LOWER LEVEL; UNITS 1, 2, 3, 4, & 5; MID LEVEL; UNITS 6 & 7; UPPER LEVEL; UNITS 1, 2, 3, 8, & 9
Zoning: Nightly Rental
Remarks Misc
Directions: Just south of Kimberling City on Highway 13. Approximately 1.5 miles and property is located just before the Cruise Inn motel and restaurant.
Property Features
Views: Panoramic; Year Round
Unit Features: All Units; Patio/Balcony; Washer/Dryer Hookup
Appliances: Dishwasher; Oven/Range; Refrigerator
Cooling: Central
Heating: Central; Forced Air
Buildings: Two Buildings; Two Stories
Construction: Stone; Vinyl Siding; Wood Frame
Roofing Material: Composition
Parking: Two or More
Streets: Asphalt
Miscellaneous: Drought Resist Ldscp; Native Landscaping; Smoke Detector
Water: City Water
Sewer: Septic
Utilities: Electricity; High Speed Internet Access; Separate Meters; Tenant Pays Part; Trash; Water
Flood Insurance: Unknown
Documents Available: Financial Records; Fixtures List; Disclosure
Type of Tenancy: Monthly; Other
Yearly Net Oper Inc: Over $25,000
Possession: At Closing; Subject to Tenant Rt
Will Sell: 1031 Exchange; Cash; Conventional
Deposits: Deposit Required
Listing Office: EXP Realty LLC
Last Updated: October - 23 - 2025
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