18800 2nd Avenue Wheatland, MO $ 40,000
18800 2nd Avenue
$ 40,000
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18800 2nd Avenue

Wheatland, MO, 65779
$ 40,000
Baths1.0

Monthly Estimate*

$ 253

18800 2nd Avenue, Wheatland, MO 65779 - Image 1
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Studio

Multi-Family Home for sale in Wheatland, MO

for $40,000 with 1 full bath. This home was built in 1970 on a lot size of 0.35.

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.

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Multi-Family Active

Price

$ 40,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 91

Style

Lot Size

0.35

Year Built

1970

Town/City

Wheatland

County/Region

Hickory

MLS | Web ID

60325877

Features
General
Sewer Public Sewer
Heating Other
Cooling Window Unit(s)
Utilities Electricity Available Sewer Available High Speed Internet
Roof Metal
Zoning ~
Construction Materials Metal
Year Built 1970
Property Subtype Other
Tax Year 2023
County Hickory
Net Operating Income 5001
Property Type Residential Income
Attached Garage N
Subdivision Name Hickory-Not in List
Status Active
Directions 54 West to Clark Street South to Property on Left
High School Wheatland
City Wheatland
Number Of Units Total 2
Elementary School Wheatland
Tax Annual Amount 91.13
Middle/Junior High School Wheatland
Ok to Lease Monthly
Standard Status Active
Total Actual Rent 300600
Legal Description Block 4 Lots 4 & 5 Town Of Wheatland
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Exterior
Water Source City
Lot Size Acres 0.35
Road Surface Type Asphalt
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Interior
Total Baths 1
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* Excluded Features
List By
Nicholas Lemuel Henderson

Listing Agent

Nick@akinsrealty.com

Email

Affordability Calculator

$260
Per Month
97%
3%
0%
Monthly Principal & Interest
$253
Monthly Property Taxes
$8
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
685335 Elementary School
685347 Middle School
Wheatland High School High School
Pricing History
DatePricePrice ChangeDescription
7/22/2026$40,000 -20.00% Price Down
6/9/2026$50,000 Listed Price

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18800 2nd Avenue, Wheatland, MO, 65779 is a Multi-Family Home for sale at $40,000 with a lot size of 0.35. 18800 2nd Avenue is a studio with 1.0 baths and was built in 1970. The property's zip code is 65779 which is in Wheatland, MO