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Callaway Property Group

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$3,395,000
18 Days On Site

19824 State Highway 112
Cassville, MO 65625

For Sale|Multi Family|Active
40
Beds
1
Total Bath
1991
Built
County:
Barry
Listing courtesy of Scott Sudkamp of Midwest Land Group
19824 State Highway 11219824 State Highway 11219824 State Highway 11219824 State Highway 112
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Monthly Payment (Est.)

$15,489
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Investor opportunity near Cassville! This 20 unit complex features six duplexes and an 8-plex, with each 2/1 unit ranging from 750-900 sf in size. Units are all-electric and have been meticulously maintainted, including new roofs on all units, new mini-split HVAC systems, and new windows. All units are low maintenance brick exterior. Occupancy is consistently 90-100%, with a waiting list of interested tenants. Also included in the sale is the owner's home. This is a 3/2.5 single story home built for comfort, luxury, and function. It offers plenty of living space and a functional floor plan. The custom kitchen features beautiful granite counters. A home office and family room on one end could be readily made into additional bedrooms. The patio/pool area is a masterpiece, featuring an 18x36' in-ground heated pool, large hot tub, covered outdoor dining area, and gas firepit. It has been extensively remodeled and updated, and is being sold fully furnished, ready for use as an additional upscale rental. The residence could also be remodeled into a deluxe duplex for additional income streams. A large detached garage offers plenty of parking and storage, and next to it is a newer 1200 sf shop.Also worth noting is the acreage. With nearly 20 acres, there is plenty of room to add more apartments, storage units, cabins, or homes. A pond near the home is stocked with fish. With highway on the west and a county road on the east, access is very good. It is situated just minutes from the golf course, and short drive to Roaring River State Park and Table Rock Lake, two very popular tourist attractions. All in all, this is a remarkable property packaged together for a great investment opportunity. The current cap rate is 5.3%, with a realistic cap rate potential of 6+%.

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Listing Snapshot
Price 
$3,395,000
Days On Site 
18 Days
Bedrooms 
40
Inside Area (SqFt) 
N/A
Total Baths 
1
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
19.7 Acres
Year Built 
1991
MLS® Number 
60329778
Status 
Active
Property Tax 
$7,749
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
19.7
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
5
Green Energy Efficient 
HVAC
Parking 
Attached
Property Sub Type 
Multi Family
Sewer 
Septic TankCesspool
Utilities 
Water AvailableElectricity Available
Water Source 
PrivateOther
Zoning 
Residential
Interior Features
Appliances 
RangeDishwasherRefrigerator
Cooling 
Ceiling Fan(s)Wall Unit(s)
Heating 
Other
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Exterior Features
Construction Details 
BrickFrame
Roof 
Shingle
Community Features
Financing Terms Available 
Cash1031 ExchangeConventional
Township 
22
Schools
School District
Unknown
Elementary School
Cassville
Middle School
Cassville
High School
Cassville
Listing courtesy of Scott Sudkamp of Midwest Land Group



The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contains all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. © 2026, Southern Missouri Regional MLS, LLC. All rights reserved. DMCA Notice
Data last updated at: 2026-08-13 06:46 AM UTC

Neighborhood & Commute
Source: Walkscore
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