118-140 Palmetto Road Spokane, MO $ 225,000
118-140 Palmetto Road
$ 225,000
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118-140 Palmetto Road

Spokane, MO, 65754
$ 225,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 1,554

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Multi-Family Home for sale in Spokane, MO

for $225,000. This home was built in 1980 on a lot size of 4.37.

Exceptional Investment and Development Opportunity in Spokane! Ideally located just off Highway 160, 118-140 Palmetto Road offers tremendous potential for investors, developers, and builders alike. This unique multi-family property currently features three mobile homes, providing an opportunity for existing rental income while offering exciting possibilities for future development. With potential for a county-approved subdivision, the property presents an opportunity to maximize land value and explore additional residential development options, subject to applicable approvals and due diligence. Multiple septic tanks are already in place for hookups, and Liberty Utilities are on site, with city water and power available. The convenient highway access and desirable location add to the property's investment appeal. Whether you're looking to expand your rental portfolio, develop additional residential homes, or capitalize on the potential to subdivide, this versatile property offers a rare combination of existing improvements, utility infrastructure, accessibility, and future possibilities. Bring your vision and unlock the potential of this outstanding investment opportunity!

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Multi-Family Active

Price

$ 225,000

Property Type

Multi-Family

Taxes

$ 618

Style

Mobile Home Park

Lot Size

4.37

Year Built

1980

Town/City

Spokane

County/Region

Christian

MLS | Web ID

60338203

Features
Interior
Interior Amenities Apply To All Units Carpet
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General
Sewer Public Sewer Septic Tank
Heating Forced Air Central
Cooling Window Unit(s)
Utilities Electricity Available Separate Meters Sewer Available
Possession Closing
Roof Composition
Zoning Unknown
Year Built 1980
Tenant Pays All Utilities
Property Subtype Mobile Home Park
Tax Year 2026
County Christian
Property Type Residential Income
Attached Garage N
Subdivision Name N/A
Status Active
Directions Take highway 160 south out of Nixa turn right on Valley Wood Road property is on the left sign in the yard.
High School Spokane
City Spokane
Number Of Units Total 3
Elementary School Highlandville
Tax Annual Amount 618.31
Middle/Junior High School Spokane
Standard Status Active
Total Actual Rent 700
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Exterior
Parking Features Two or More
Water Source City
Lot Size Acres 4.37
Road Surface Type Asphalt
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* Excluded Features
List By
Philip Reed

Listing Agent

philreedproperties@gmail.com

Email

Affordability Calculator

$1,606
Per Month
97%
3%
0%
Monthly Principal & Interest
$1,554
Monthly Property Taxes
$52
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
685299 Elementary School
685468 Middle School
Spokane High School High School
Pricing History
DatePricePrice ChangeDescription
11/11/2026$225,000 Listed Price

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118-140 Palmetto Road, Spokane, MO, 65754 is a Multi-Family Home for sale at $225,000 with a lot size of 4.37. 118-140 Palmetto Road has 0.0 baths and was built in 1980. The property's zip code is 65754 which is in Spokane, MO