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Multifamily Property with Guest Home
For Sale
$379,900

3236 County Road 873, Thornfield, MO 65762

Residential Income, Thornfield, MO

Property Size903 SF
Lot Size23.00 Acres
Price / SF$420.71
Days on Market115

Property Features for 3236 County Road 873

General Information

Property type Residential Multi Family
Property subtype Other
Appliances Microwave, Dishwasher, Dryer, Washer, Refrigerator
Elementary school Thornfield
Middle school Thornfield
High school Lutie
Directions From Ava south on 5 Turn right on JJ Hwy follow to State Hwy 95 take a right follow to State Hwy D take D Hwy to the left go to the end of D Take a right on Co Rd 873 go 2.4 miles property on your left there are signs.
Standard status Active
APN 07-0.7-35-000-000-009.001
Size 903 SF
Lot size 23.00 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Se Ne South Of Cr; Sw Ne Se; W1/2 Nw Ne Se
Tax Annual Amount 419
Legal Description Se Ne South Of Cr; Sw Ne Se; W1/2 Nw Ne Se

Utilities

Sewer type Septic Tank
Heating system Central, Other (Heating)
Cooling system Central Air
Water source Private

Amenities

barn
indoor and outdoor riding arenas

Building Details

Year built 2021
Number of units 2
Roof type Metal
Listing Agency: Sho-Me Real Estate
Listed By: Clyde O. Irby
Added: Jun 12 Changed: Sep 6 Last Checked: Oct 4 at 3:06PM
MLS# 60327914

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 multifamily property includes two residences on 23 acres. The primary home contains two bedrooms and two bathrooms within 957 square feet, while the guest home offers one bedroom, one bathroom, and 530 square feet. Both homes have expansive rear porches oriented toward the surrounding acreage. A 50-by-80-foot barn includes indoor and outdoor riding arenas, with additional sheds and outbuildings supporting storage and equestrian use. The property also has a backup generator, private well, septic tank, central heating and cooling, metal roofing, and appliances including a refrigerator, washer, dryer, dishwasher, and microwave.

Pond Fork, a year-round spring-fed stream, crosses the property and flows toward Bull Shoals Lake. A smaller spring is located in the wooded acreage across the stream. The property backs to Mark Twain National Forest and Corps of Engineers property. Access is from County Road 873 via four routes, with paved roads followed by approximately two miles of city-maintained dirt and stone road. Theodosia is about 15 minutes away, while a hospital is approximately 30 minutes away.

Key Highlights

  • 23 acres of unrestricted land with two residences
  • Main home: 2 bedrooms, 2 bathrooms, and 957 sq. ft.
  • Guest home: 1 bedroom, 1 bathroom, and 530 sq. ft.

Property Analytics

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Current Use

Waterfront Land

Lease Details

2
Residential units
Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 65762, MO

397
Population
193
Households
2.1
Avg Household Size
50
Median Age
24%
College-Educated
92%
High-School Grad
75.4 sq mi
ZIP Area
5
Density / Sq Mi
$51,389
Median Household Income
$26,100
Median Earnings
$207,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Multifamily property - Two residences, equestrian improvements, and a year-round spring-fed stream are set across unrestricted rural acreage.
Where is this multifamily property located?
The property is located at 3236 County Road 873 Thornfield, MO.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: 23 acres of unrestricted land with two residences; Main home: 2 bedrooms, 2 bathrooms, and 957 sq. ft.; Guest home: 1 bedroom, 1 bathroom, and 530 sq. ft.
More about this property
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