Investor Opportunity! This unique package includes two single-family homes and an additional lot, all situated on a quiet road with excellent potential for investors looking to expand their rental portfolio.
Both 507 Payne and 509 Payne feature 2 bedrooms and 1 bathroom homes, offering a solid foundation for renovation and future rental income. Whether you're looking to add long-term rentals, tackle a fix-and-flip project, or build sweat equity, these properties provide plenty of opportunity.
The homes are being sold As-Is and will require updates and repairs, allowing the next owner to bring their vision and maximize value. With multiple properties included and strong income-producing potential, this is a rare opportunity to acquire investment real estate at an affordable price.
Don't miss your chance to transform these properties into a valuable addition to your portfolio.
As an added bonus, the seller is open to selling the entire investment portfolio, including MLS #26037094, #26037084, #26037106, and #26037115, creating a unique opportunity to acquire multiple properties in one transaction.
Pending
Listed by: EXP Realty, LLC • Christina M Essner • 573-275-3333
Price cut: $15K (7/6)
$45,000
507 & 509 Payne Ave, Portageville, MO 63873
0beds
--baths
676sqft
Single Family Residence
Built in 1940
-- sqft lot
$-- Zestimate®
$67/sqft
$-- HOA
What's special
Quiet road
- 68 days |
- 26 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Christina M Essner 573-275-3333,
EXP Realty, LLC,
Chelsea D Dillick 573-579-2545,
EXP Realty, LLC
Source: MARIS,MLS#: 26037084
Originating MLS: Southeast Missouri REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
Heating
- Forced Air
Cooling
- Central Air, Window Unit(s)
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 676 sqft
- Finished area above ground: 676
Property
Features
- Levels: One
Lot
- Features: City Lot
Details
- Parcel number: 60020000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- Year built: 1940
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Portageville
Financial & listing details
- Price per square foot: $67/sqft
- Tax assessed value: $29,800
- Annual tax amount: $258
- Date on market: 6/11/2026
- Cumulative days on market: 68 days
- Listing terms: Cash
- Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Pending sale | $45,000$67/sqft |
Source: | ||
| 7/6/2026 | Price change | $45,000-25%$67/sqft |
Source: | ||
| 6/11/2026 | Listed for sale | $60,000$89/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $258 +5.4% | $5,700 +5.6% |
| 2024 | $245 +0.8% | $5,400 |
| 2023 | $243 +4.4% | $5,400 +3.8% |
| 2022 | $232 +6% | $5,200 |
| 2021 | $219 +5.4% | $5,200 +6.1% |
| 2020 | $208 | $4,900 +1.9% |
| 2017 | -- | $4,810 |
| 2016 | -- | $4,810 +0.8% |
| 2015 | -- | $4,770 |
| 2014 | -- | $4,770 |
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.Climate risks
Neighborhood: 63873
Nearby schools
GreatSchools rating
- 8/10Portageville Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Portageville High SchoolGrades: 6-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Portageville Elem.
- Middle: Portageville High
- High: Portageville High
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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