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Waterfront Land with Multiple Dwellings
For Sale
$749,000

208 Minnow Springs Avenue, Noel, MO 64854

MULTI_FAMILY - Noel, MO

Property Size1,556 SF
Lot Size62.00 Acres
Price / SF$481.36
Days on Market95

Property Features for 208 Minnow Springs Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 3, Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 4, Bathroom 6
Elementary school Noel
Middle school McDonald
Elementary school district McDonald Cty
Middle school district McDonald Cty
High school district McDonald Cty
Directions take I-4 to hwy 90 and head west. the property will be located on the south side of hwy 90 directly across from elk river floats and wayside campground.
Subdivision 14 - McDonald County
Standard status Active
Size 1,556 SF
Lot size 62.00 Acres

Taxes and HOA fees

Tax Annual Amount 1158

Utilities

Heating system Central, Propane (Heating)
Cooling system Central Air

Building Details

Number of units 4
Flooring type Ceramic, Wood
Roof type Composition
Listing Agency: Venture Group Real Estate
Listed By: Venture Group Real Estate
Added: May 22 Changed: Aug 3 Last Checked: Aug 24 at 8:06AM
MLS# 262784

Copyright © 2026 Ozark Gateway Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 208 Minnow Springs Avenue in Noel, Missouri, this 62+/- acre waterfront parcel sits directly across from Elk River. The property includes two homes and two charming cabins, plus a cave feature, all set within a wooded, bluff-style landscape.

The main home is described as offering 2 bedrooms and 2 bathrooms, with an attached 2-car garage. Off the garage, there is a sitting area intended for relaxing and enjoying the sounds of nature.

Given the number of dwellings and unique on-site features, the property is presented as well-suited for income-producing short-term rental concepts associated with the Elk River recreation area. Access and “highway visibility” are noted in the remarks, along with proximity to outdoor recreation.

Key Highlights

  • 62 +/- acre property in Noel, MO, located directly across from Elk River
  • Includes multiple dwellings: two homes and two cabins, plus a cave
  • Main home features 2 bedrooms, 2 bathrooms, and an attached 2‑car garage

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Electrical Service Auto Parts Store Grocery & Convenience Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby

Demographics for 64854, MO

4,829
Population
1,889
Households
2.6
Avg Household Size
33
Median Age
10%
College-Educated
75%
High-School Grad
74.4 sq mi
ZIP Area
65
Density / Sq Mi
$41,173
Median Household Income
$32,723
Median Earnings
$752
Median Rent
$92,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - 62+/- acre parcel with two homes, two cabins, and a cave directly across from Elk River.
Where is this short term rental property located?
The property is located at 208 Minnow Springs Avenue Noel, MO.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 62 +/- acre property in Noel, MO, located directly across from Elk River; Includes multiple dwellings: two homes and two cabins, plus a cave; Main home features 2 bedrooms, 2 bathrooms, and an attached 2‑car garage
More about this property
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