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  • $450,000

    23195 Shannon Lane, Summersville, MO 65571

    --beds
    --baths
    --sqft
    : 
    $2,734/mo
    Get pre-qualified
    Multi Family
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Durable metal roofing
    Investor Opportunity: 7-Unit Apartment + 21 Storage Units on 3 Acres near Summersville, MODiscover a turnkey income property in the heart of the Missouri Ozarks. This well-located portfolio includes 7 one-bedroom/one-bath apartment units (6 leased, 1 available) and 21 storage units, all situated on 4+ acres with generous expansion potential. Built with durable metal roofing and served by two septic systems, this asset offers both stability and flexibility.Positioned just minutes from downtown Summersville, the property provides tenants with easy access to local amenities, schools, and services, while delivering the peace and scenic charm of rural living.Nature and recreation abound in this region. The property lies within reach of the Mark Twain National Forest and enjoys proximity to the Eleven Point Wild & Scenic River and the Jacks Fork River--drawing paddlers, anglers, hikers, and nature lovers from across the region.For investors, the existing rent roll delivers strong cash flow, and the vacant unit presents an immediate upside. Meanwhile, the ample site acreage creates room for further units, additional storage, or alternative commercial uses over time.This is your chance to acquire a multi-asset, low-maintenance property with built-in expansion potential in a desirable outdoor recreation market of southern Missouri.
    305 days
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    28
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly Grennan 417-293-7277,

    United Country Missouri Ozarks Realty Inc.,

    Bob McBride 417-247-0512,

    United Country Missouri Ozarks Realty Inc.

    Source: SOMOMLS as distributed by MLS GRID,MLS#: 60306262MLS Logo

      Facts & features

      Interior

      Heating
      • Forced Air
      Cooling
      • Wall Unit(s)
      Appliances
      • Included: Range, Refrigerator
      Features
      • Flooring: Carpet

      Property

      Parking
      • Parking features: Two or More
      Features
      • Has view: Yes
      • View description: Panoramic
      Lot
      • Size: 4.83 Acres
      Details
      • Additional structures: One, One Story
      • Parcel number: 230.613000000009.00
      • Zoning: Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Metal Siding, Masonite
      • Roof: Metal
      Condition
      • Year built: 1980

      Utilities & green energy

      • Sewer: See Remarks, Septic Tank
      • Water: Private
      • Utilities for property: Cooperative

      Community & HOA

      Community
      • Subdivision: N/A
      Location
      • Region: Summersville

      Financial & listing details

      • Tax assessed value: $95,290
      • Annual tax amount: $1,749
      • Date on market: 10/2/2025
      • Listing terms: Cash,Conventional
      • Lease term: Month To Month
      • Total actual rent: 2100
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/2/2025Listed for sale$450,000
        Source: SOMOMLS as distributed by MLS GRID #60306262 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$854 $18,110
        2024-- $18,110
        2023-- $18,110 +9.6%
        2022$777 +19.1%$16,530
        2021$652 -1.7%$16,530
        2020$663 $16,530 +11.5%
        2018-- $14,830
        2017-- $14,830 +0.1%
        2016-- $14,810
        2015-- $14,810
        2014-- $14,810
        2013-- $14,810
        2011-- $14,810
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 65571

        Getting around

        2 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

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

        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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