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Apartment Building with 8 Rental Units
For Sale
$490,000

24872 State Highway 39, Shell Knob, MO 65747

SINGLE_FAMILY - Shell Knob, MO

Property SizeContact for details
Lot Size1.00 Acre
Days on Market247

Property Features for 24872 State Highway 39

General Information

Property type Residential
Property subtype Retail
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 6, Bathroom 2, Bathroom 8, Bathroom 1, Bathroom 3, Bathroom 7, Bathroom 4, Bathroom 5
Lot features Sidewalk(s)
Directions From Shell Knob Bridge travel North on Hwy 39, property on the Left. Situated between Rusty's Auto Parts and Plaza Pharmacy- Just across the highway from Bridgeway Plaza.
Standard status Active
APN 2120100040010005000
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2025
Tax Description PT. NWSE & PT. SWSE (SPLIT: MINI MALL ON .51 ACRES & AND LAND VALUE FOR COMMERCIAL) : SEC:10 TWN:22 RNG:25 ; BARRY COUNTY, MO
Tax Annual Amount 1503
Legal Description PT. NWSE & PT. SWSE (SPLIT: MINI MALL ON .51 ACRES & AND LAND VALUE FOR COMMERCIAL) : SEC:10 TWN:22 RNG:25 ; BARRY COUNTY, MO

Utilities

Utilities Electricity Available
Heating system Varies by Unit (Heating)
Cooling system Window Unit(s), Wall Unit(s)

Amenities

fireplace
stainless steel appliances
outdoor patio
laundry room
game room

Building Details

Year built 1975
Number of units 8
Roof type Composition
Listing Agency: Green Mountain Realty, Inc.
Listed By: Stacey A Koehler · License #2022007780
Added: Dec 2, 2025 Changed: Aug 2 Last Checked: Aug 6 at 2:06AM
MLS# 60311039

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 apartment building includes eight commercial rental units, each with its own half bathroom. Unit square footage varies, creating flexibility for different commercial layouts. As of now, all but one of the commercial units are occupied.

The property also features a single-family residence with five bedrooms and four bathrooms. The interior includes a large living room with a fireplace, a modern kitchen with stainless steel appliances, and an eat-in bar overlooking the dining room. From the dining room, a sliding glass door opens to an outdoor patio. Convenience features include a main-level laundry room. The attached three-car garage is currently used as a game room and provides access to a secondary laundry room and bathroom.

Set on a 1-acre lot, the home was built in 1975. Heating varies by unit, and cooling includes window and wall units. The roof is a composition roof, and electricity is available.

Key Highlights

  • Eight commercial rental units, each with its own half bathroom; all but one unit currently occupied
  • Residential home with five bedrooms and four bathrooms
  • Large living room with fireplace plus dining room with sliding glass door to outdoor patio

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Building Supply Auto Parts Store (Bike/Boat/Book/etc) Store Pharmacy Florist HVAC Service

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

138
Businesses Nearby

Demographics for 65747, MO

3,364
Population
3,245
Households
1
Avg Household Size
63
Median Age
15%
College-Educated
90%
High-School Grad
76.7 sq mi
ZIP Area
44
Density / Sq Mi
$51,795
Median Household Income
$28,702
Median Earnings
$773
Median Rent
$252,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Apartment building offering eight commercial rental units, with all but one unit currently occupied.
Where is this apartment building located?
The property is located at 24872 State Highway 39 Shell Knob, MO.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Eight commercial rental units, each with its own half bathroom; all but one unit currently occupied; Residential home with five bedrooms and four bathrooms; Large living room with fireplace plus dining room with sliding glass door to outdoor patio
More about this property
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