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Lakefront Multifamily Property
For Sale
$575,000

474 Double O Nine Road, Reeds Spring, MO 65737

Residential Income, Reeds Spring, MO

Property Size1,782 SF
Lot Size12.09 Acres
Price / SF$322.67
Days on Market663

Property Features for 474 Double O Nine Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Subdivision Not in List: Stone
Elementary school Reeds Spring
Middle school Reeds Spring
High school Reeds Spring
Directions Highway 13 South to Double O Road to OO-9. Property will be on left hand side.
Standard status Active
APN 11-9.0-30-004-001-002.000
Size 1,782 SF
Lot size 12.09 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1093

Utilities

Heating system Central
Cooling system Central Air
Water source Private
Water front 1

Amenities

upper deck
detached garage
pole barn
meandering trail
wet weather creek

Building Details

Year built 1976
Number of units 3
Listing Agency: Keller Williams Tri-Lakes · Keller Williams Realty
Listed By: Parker Stone · License #2004001086
Added: Nov 19, 2024 Changed: Aug 19 Last Checked: Sep 13 at 7:06AM
MLS# 60282518

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 combines a 1,782-square-foot main residence with a separate mobile home on 12.09 acres along Table Rock Lake. The primary home includes five bedrooms, two bathrooms, two full kitchens, separate entrances, and an upper deck. The additional residence provides three bedrooms and two bathrooms. A detached garage and pole barn add storage and workspace options, while central heating, central air, and a private water source serve the property.

A trail winds toward the lake, and a wet-weather creek provides an additional natural feature. The property includes 14 platted lots and Residential zoning, with no restrictions stated. Built in 1976, the main home may also function as two units, supported by its separate entrances and kitchen setup. The acreage and two-residence configuration accommodate extended-family arrangements or rental use within a lake-oriented setting in Reeds Spring, Missouri.

Key Highlights

  • 12.09 acres of Table Rock Lake front land
  • Main residence measures 1,782 square feet and includes 5 bedrooms, 2 bathrooms, and 2 full kitchens
  • Separate mobile home offers 3 bedrooms and 2 bathrooms

Property Analytics

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Current Use

Waterfront Land

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store Storage Facility Real Estate Agency Computer & Electronic Repair Travel Agency

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

Demographics for 65737, MO

8,209
Population
5,340
Households
1.5
Avg Household Size
52
Median Age
27%
College-Educated
94%
High-School Grad
84.4 sq mi
ZIP Area
97
Density / Sq Mi
$60,713
Median Household Income
$32,625
Median Earnings
$919
Median Rent
$242,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 support flexible family living or rental use, with lake access, outbuildings, and private residential acreage.
Where is this multifamily property located?
The property is located at 474 Double O Nine Road Reeds Spring, MO.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 12.09 acres of Table Rock Lake front land; Main residence measures 1,782 square feet and includes 5 bedrooms, 2 bathrooms, and 2 full kitchens; Separate mobile home offers 3 bedrooms and 2 bathrooms
More about this property
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