1 South Street Kimberling City, MO $ 1,300,000
1 South Street
$ 1,300,000
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1 South Street

Kimberling City, MO, 65686
$ 1,300,000
Bedrooms-- Baths2.0

Monthly Estimate*

$ 8,979

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Multi-Family Home for sale in Kimberling City, MO

for $1,300,000 with 2 full baths. This home was built in 2005 on a lot size of 0.48.

RARE 8-UNIT INVESTMENT OPPORTUNITY JUST STEPS FROM TABLE ROCK LAKE!Welcome to 1 South Street in Kimberling City--an exceptional income-producing property offering eight updated rental units, established long-term tenants, an outstanding lake-area location and commercial zoning with future flexibility.The property features eight total units: six units together plus a separate duplex. Each unit offers 2 bedrooms, 1.5 bathrooms and approximately 1,100 square feet, providing spacious, desirable floor plans. With approximately 8,800 square feet of rentable living space and 16 total bedrooms, this property offers impressive scale in a prime Table Rock Lake location.The property was extensively remodeled and updated approximately three years ago, allowing a new owner to acquire an established investment without the immediate major renovation needs often associated with multifamily properties. The roof is also less than 10 years old.LOCATION IS THE DIFFERENCE. Public access to Table Rock Lake is less than a two-minute walk away, putting residents and future guests just steps from one of the Ozarks' premier recreational destinations. Restaurants, shopping and services in Kimberling City are nearby, while Branson and surrounding Table Rock Lake attractions are within easy reach.Currently operated as successful long-term rentals, the property provides established income and attractive potential at the current asking price. Commercial zoning may also provide opportunities for nightly/short-term rentals or other permitted uses. Buyers should independently verify licensing and permitted-use requirements with the City of Kimberling City.Continue the existing rental operation, explore short-term rentals, combine rental strategies or evaluate other permitted uses.Eight units. Updated. Established rentals. Commercial zoning. Table Rock Lake just steps away. Offered at $1,295,000.

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Multi-Family Active

Price

$ 1,300,000

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,827

Style

Multi Family

Lot Size

0.48

Year Built

2005

Town/City

Kimberling City

County/Region

Stone

MLS | Web ID

60336158

Features
Interior
Interior Amenities Carpet Washer/Dryer Hookup
Total Baths 2
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Appliances Range Disposal Dishwasher Refrigerator Microwave
Zoning NA
HOA Fee 7428
Garage Spaces 8
Year Built 2005
Property Subtype Multi Family
Tax Year 2025
County Stone
Property Type Residential Income
Attached Garage Y
Subdivision Name Kimberling Hills
Status Active
Directions From MO-13 turn east onto James River Rd. continue into Kimberling City then turn onto South St. Arrive at 1 South St. on the right.
High School Reeds Spring
City Kimberling City
Number Of Units Total 8
Elementary School Reeds Spring
Tax Annual Amount 6827.91
Middle/Junior High School Reeds Spring
Standard Status Active
Total Actual Rent 12500
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Exterior
Water Source Public
Lot Size Acres 0.48
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* Excluded Features
List By
Kirk Kirkland Cocanougher

Listing Agent

klrw369@kw.com

Contact

Affordability Calculator

$9,548
Per Month
94%
6%
0%
Monthly Principal & Interest
$8,979
Monthly Property Taxes
$569
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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Nearby
685302 Elementary School
685714 Middle School
Reeds Spring High School High School
Pricing History
DatePricePrice ChangeDescription
10/12/2026$1,300,000 Listed Price

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1 South Street, Kimberling City, MO, 65686 is a Multi-Family Home for sale at $1,300,000 with a lot size of 0.48. 1 South Street has 2.0 baths and was built in 2005. The property's zip code is 65686 which is in Kimberling City, MO