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190 W Main Street, 
Gainesville, MO 65655

$499,900


4

Beds


4

Baths


5,524

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Amanda Watkins

United Country Missouri Ozarks Realty Inc.

417-256-1000

Last updated:

March 29, 2026, 02:36 PM

MLS#

60316112

Source:

MO GSBOR

About This Home

190 W Main Street

Great investment potential in Gainesville, MO, in the heart of the beautiful Missouri Ozarks! Perfectly positioned between Bull Shoals Lake and Norfork Lake, and just minutes from the North Fork of the White River and Bryant Creek, this property offers prime access to some of the region's most sought-after recreational destinations.Whether you're looking for a multi-family setup, rental income opportunity, or a flexible living arrangement, this property delivers exceptional versatility. The home currently features three separate apartment-style living areas. Two living areas are finished and move-in ready, while the third is in the process of being remodeled, giving you the opportunity to finish it to your vision and instantly add value. With outside measurements showing a sq footage of approximately 6500 sq ft and floor plans showing approximately 5524 sq ft of living space and 698 sq ft of unfinished storage, the possibilities are truly endless.Inside you'll find four finished bedrooms, two finished living areas, and five bathrooms, creating plenty of space for tenants, extended family, or a combination of both. The layout allows for separate entrances and private living quarters, making short-term or long-term rental possibilities incredibly appealing in this high-demand lake and river region.Storage space is abundant throughout the property, adding convenience and practicality for both owners and tenants. With strong tourism appeal from nearby lakes and rivers, this property presents excellent income-producing potential or the chance to create a spacious multi-generational home.Opportunities like this in Gainesville don't come around often. Finish the remodel, maximize the layout, and unlock the full potential of this Ozarks investment property

Home Facts

Multi-Family

4 Baths

4 Bedrooms

Built in 1938

Price Summary

499,900

$90 per Sq. Ft.

MLS #:

60316112

Last Updated:

March 29, 2026, 02:36 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

2

Interior

Living Area:

5,524 Sq. Ft.


Structure

Structure

Building Area:

5,524 Sq. Ft.

Year Built:

1938


Lot

Lot Size (Sq. Ft):

23,958


Finances & Disclosures

Finances

Price:

$499,900

Price per Sq. Ft:

$90 per Sq. Ft.

Source:MO GSBOR
Copyright 2026 Southern Missouri MLS. All rights reserved. Listings courtesy of Southern Missouri MLS as distributed by MLS GRID

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.