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18800 2nd Avenue, 
Wheatland, MO 65779

$40,000


Bed


1

Bath


-

Sq Ft


Multi-Family

Active

Listed by

Nicholas Lemuel Henderson

Akins Realty

417-993-5622

Last updated:

August 14, 2026, 02:57 PM

MLS#

60325877

Source:

MO GSBOR

About This Home

18800 2nd Avenue

2 Houses. 1 Price. And a whole lot of upside.Everybody talks about finding cash flow. Most spend months looking. This one's sitting right here.Two mobile homes selling together for just $40,000 on a corner lot, with an additional third utility hookup already in place for another mobile home or camper.One home is currently rented to a long-term tenant at $300/month, and the other was recently vacant after bringing in $300/month. That's $600/month in gross rental potential from the existing homes, with even more upside if you add a third unit or camper to the extra hookup. $600/month current gross income potential Third hookup ready for another home or RV/camper Strong cap rate at the asking price Value-add opportunity through updates and rent increases Long-term tenant already in place Corner lot with added flexibility Close to Lucas Oil Speedway and Pomme de Terre LakeWhether you're looking for your first investment property or another addition to your portfolio, deals under $50,000 with existing income and expansion potential are getting 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.

Home Facts

Multi-Family

1 Bath

Built in 1970

Subdivision & Development:

Hickory-Not in List

Price Summary

40,000

MLS #:

60325877

Last Updated:

August 14, 2026, 02:57 PM

Added:

2 month(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

1


Structure

Structure

Year Built:

1970


Lot

Lot Size (Sq. Ft):

15,245


Finances & Disclosures

Finances

Price:

$40,000

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.