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    203 Recreation Ave Rockaway Beach, MO 65740

    For Sale
    $425,000

    Other - Rockaway Beach, MO

    Lot size:
    0.46 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 203 Recreation Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Motel/ Multi-fa
    APN
    08-1.0-12-003-037-001.000
    Interior features
    Carpet, Formal Living, Fenced Area
    Appliances
    Microwave, Range, Refrigerator
    Lot size
    0.46 Acres

    Utilities

    Heating system
    Space Heater
    Cooling system
    Multi Units, Window Unit(s)
    Water front features
    Lake Taneycomo

    Building Details

    Year built
    1940
    Number of units
    8
    Building materials
    Frame, Vinyl Siding
    Roof type
    Asphalt, Composition
    Architectural style
    Other

    Greater Springfield Realty, LLC (Keller Williams) (417) 883-4900 [email protected]

    Listing agent Robert Blitch (417) 883-4900 License #2019011647

    Listing date Nov 11, 2025

    MLS# 60293195 Listing URL

    Copyright © 2025 Southern Missouri Regional MLS, LLC (SOMO). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rockaway Beach Multifamily Investment Property

    This 8-unit rental property is located in Rockaway Beach, Missouri. The property features a mix of unit sizes, including one 3-bedroom/2-bath house, one 3-bedroom/1-bath unit, four 2-bedroom/1-bath units, and two 1-bedroom/1-bath units. All units are currently rented with long-term leases, generating approximately $7,700 per month. The property has undergone numerous updates and remodels in recent years. Situated on a 0.46-acre lot, the property is zoned for Motel/ Multi-family use. Located near Lake Taneycomo, this property presents a strong investment opportunity with steady cash flow and potential for increased rental income and value through further improvements or conversion to short-term rentals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

    Restaurant Law Firm Auto Repair Shop Department Store Food Market Hotel & Motel Grocery Store Storage Facility Bar & Pub Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockaway Beach
    County
    Taney
    State
    Missouri
    Longitude
    -93.160921
    Latitude
    36.699786

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    FAQs

    What type of property is this?
    Apartment building - 8-unit rental property near Lake Taneycomo with long-term tenants.
    Where is this apartment building located?
    The property is located at 203 Recreation Ave Rockaway Beach, MO.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - 8-unit rental property with diverse unit mix (3BR, 2BR, 1BR); - Currently generating approximately $7,700 per month in rental income; - Long-term leases in place, providing steady cash flow
    (417) 883-4900
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    203 Recreation Ave Rockaway Beach, MO 65740
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    Rockaway Beach, MO 65740
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    203 Recreation Ave Rockaway Beach, MO 65740
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