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7-Unit Apartment Property
For Sale
$450,000

23195 Shannon Lane, Summersville, MO 65571

Residential Income, Summersville, MO

Property SizeContact for details
Lot Size4.83 Acres
Days on Market345

Property Features for 23195 Shannon Lane

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bedrooms 7
Rooms Bedroom 3, Bedroom 6, Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 2
Interior features Carpet
Appliances Range, Refrigerator
Elementary school Summersville
Middle school Summersville
High school Summersville
Directions From Summersville, Missouri, Take 106 East then left on Hwy JJ/Main Street. Property is 1/2 mile on the right.
Standard status Active
APN 23-0.6-13-000-000-009.00
Lot size 4.83 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1749

Utilities

Heating system Forced Air
Cooling system Wall Unit(s)
Water source Private

Building Details

Year built 1980
Number of units 7
Building materials Metal, Masonite
Roof type Metal
Listing Agency: United Country Missouri Ozarks Realty Inc.
Listed By: Kimberly Grennan · License #2006013557
Added: Oct 2, 2025 Changed: Sep 8 Last Checked: Sep 11 at 2:06PM
MLS# 60306262

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This residential income property includes 7 one-bedroom, one-bath apartment units and 21 storage units on a 4.83-acre site at 23195 Shannon Lane in Summersville, Missouri. Six apartments are leased and one is available. The buildings feature metal roofing and a combination of metal and Masonite construction, with forced-air heating, wall-unit cooling, range and refrigerator appliances, and carpeted interiors.

The property is served by private water and two septic systems and was built in 1980. Its residential zoning supports the existing apartment use, while the separate storage units provide an additional component within the overall property. The site is located near Summersville and the recreational resources of the Missouri Ozarks, including Mark Twain National Forest, the Eleven Point Wild & Scenic River, and the Jacks Fork River.

Key Highlights

  • 7 one‑bedroom, one‑bath apartment units
  • 21 storage units on a 4.83‑acre site
  • 6 apartments leased and 1 available

Property Analytics

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Current Use

Self storage facilities

Suggested Use

Top Pick Building Supply Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service Hair Salon

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 65571, MO

1,962
Population
903
Households
2.2
Avg Household Size
44
Median Age
13%
College-Educated
81%
High-School Grad
185.8 sq mi
ZIP Area
11
Density / Sq Mi
$33,447
Median Household Income
$25,213
Median Earnings
$425
Median Rent
$116,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Residential property with apartment units, storage facilities, private water service, and two septic systems.
Where is this apartment building located?
The property is located at 23195 Shannon Lane Summersville, MO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 7 one‑bedroom, one‑bath apartment units; 21 storage units on a 4.83‑acre site; 6 apartments leased and 1 available
More about this property
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