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Active
  • Price cut: $10K (7/22)
    $40,000

    18800 2nd Avenue, Wheatland, MO 65779

    --beds
    1baths
    --sqft
    Other
    Built in 1970
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    91 days
    161
    8

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicholas Lemuel Henderson 417-840-6894,

    Akins Realty

    Source: SOMOMLS as distributed by MLS GRID,MLS#: 60325877MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 1
      Heating
      • Other
      Cooling
      • Window Unit(s)

      Property

      Lot
      • Size: 0.35 Acres
      Details
      • Parcel number: 056.024004015002.000
      • Zoning: ~

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Other
      Materials
      • Metal Siding
      • Roof: Metal
      Condition
      • Year built: 1970

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Sewer Available, High Speed Internet

      Community & HOA

      Community
      • Subdivision: Hickory-Not in List
      Location
      • Region: Quincy

      Financial & listing details

      • Tax assessed value: $11,710
      • Annual tax amount: $91
      • Date on market: 6/9/2026
      • Listing terms: Cash,Conventional
      • Lease term: Month To Month
      • Total actual rent: 300600
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $688/mo

        Price history

        DateEventPrice
        7/22/2026Price change$40,000-20%
        Source: SOMOMLS as distributed by MLS GRID #60325877 Report a problem
        6/9/2026Listed for sale$50,000
        Source: SOMOMLS as distributed by MLS GRID #60325877 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$92 +0.8%$2,220 +2.3%
        2024$92 +0.5%$2,170
        2023$91 $2,170 +4.8%
        2022-- $2,070
        2021$84 -1.2%$2,070
        2020$85 +0.7%$2,070
        2019$85 +0.2%$2,070
        2018$85 $2,070 -22.8%
        2017$85 $2,680
        2016-- $2,680
        2015-- $2,680 +10.7%
        2013-- $2,420
        2012-- $2,420
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 65779

        Getting around

        25 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wheatland
        • Middle: Wheatland
        • High: Wheatland

        Source: SOMOMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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