
190 W Main Street, Gainesville, MO 65655
N/A · Ozark County
Key Facts
Description
Great investment potential in Gainesville, MO, in the heart of the beautiful Missouri Ozarks! Perfectly positioned between Bull Shoals Lake and Norfork Lake, and just minutes from the North Fork of the White River and Bryant Creek, this property offers prime access to some of the region's most sought-after recreational destinations.Whether you're looking for a multi-family setup, rental income opportunity, or a flexible living arrangement, this property delivers exceptional versatility. The home currently features three separate apartment-style living areas. Two living areas are finished and move-in ready, while the third is in the process of being remodeled, giving you the opportunity to finish it to your vision and instantly add value. With outside measurements showing a sq footage of approximately 6500 sq ft and floor plans showing approximately 5524 sq ft of living space and 698 sq ft of unfinished storage, the possibilities are truly endless.Inside you'll find four finished bedrooms, two finished living areas, and five bathrooms, creating plenty of space for tenants, extended family, or a combination of both. The layout allows for separate entrances and private living quarters, making short-term or long-term rental possibilities incredibly appealing in this high-demand lake and river region.Storage space is abundant throughout the property, adding convenience and practicality for both owners and tenants. With strong tourism appeal from nearby lakes and rivers, this property presents excellent income-producing potential or the chance to create a spacious multi-generational home.Opportunities like this in Gainesville don't come around often. Finish the remodel, maximize the layout, and unlock the full potential of this Ozarks investment property
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1938
Living Area
5,524 sq ft
Lot Size
0.55 acres
MLS® Listing#
60316112
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Fireplace
Laundry
Patio
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Schools
- Elementary:
- Gainesville
- Middle:
- Gainesville
- High:
- Gainesville
Financial Details
Annual Taxes
$593
Tax year 2025
Parcel Number
15-0.3-07-001-001-0003.000
Directions
From Gainesville square, turn right after city hall property on the right.
Affordability Calculator
$99,980
Estimated monthly payment
$2,661/mo
Principal $399,920 · Est. interest $557,924 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Gainesville, MO
- 82
- Median Days on Market
- 1,162
- Median Sq Ft
- $159
- Median Price / Sq Ft
- 24
- Active Listings
- Its price per sq ft is 43% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Gainesville, MO.
Location
Points of Interest in Gainesville, MO
Showing the Gainesville area map.
Nearby Schools
Gainesville Elementary
Elementary · 1.3 mi away
Gainesville High
Secondary · 1.5 mi away
Bakersfield High School
Secondary · 16.0 mi away
Bakersfield R IV School District
School · 16.0 mi away
Dora High
Secondary · 16.3 mi away
Dora R-III School District
School · 16.3 mi away
Nelson-Wilks-Herron Elementary
Elementary · 18.0 mi away
Hackler Intermediate School
Elementary · 18.8 mi away
Mountain Home Public Schools
School · 19.0 mi away
Mountain Home High School
Secondary · 19.1 mi away
Grandma's House Cac
School · 19.1 mi away
Baxter County Alternative School
School · 19.2 mi away
Mountain Home Junior High School
Secondary · 19.2 mi away
Mountain Home Montessori School
Elementary · 19.4 mi away
Montessori Children's House
Elementary · 19.4 mi away
Pinkston Middle School
Secondary · 19.7 mi away
Mountain Home Christian Academy
School · 19.9 mi away
Amanda Gist Elementary School
Elementary · 23.2 mi away
Cotter High School
Secondary · 23.2 mi away
Mark Twain School
School · 23.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 283 Wyandotte Drive, Gainesville, MO | $484,900 | 4 | 3 | 2,750 |
Moving Cost Estimate
EXIT Agents in Gainesville
Listing Courtesy: United Country Missouri Ozarks Realty Inc. - 4172561000
Presented by: Amanda Watkins











