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Short-Term Rental Property With Cabins
For Sale
$749,000

208 Minnow Springs Avenue, Noel, MO 64854

Residential Income, Noel, MO

Property Size1,556 SF
Lot Size62.00 Acres
Price / SF$481.36
Days on Market126

Property Features for 208 Minnow Springs Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision Noel
Elementary school Noel
Middle school Noel
High school McDonald County
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.
Standard status Active
APN 17-5.0-15-000-000-102.000
Size 1,556 SF
Lot size 62.00 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Beg 400' E Of Sw Cor Sec Th N To Hwy 90 Row Th Se W/Row 415'th S 910' Th E 335' Th S To Etc
Tax Annual Amount 1067
Legal Description Beg 400' E Of Sw Cor Sec Th N To Hwy 90 Row Th Se W/Row 415'th S 910' Th E 335' Th S To Etc

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1974
Number of units 4
Listing Agency: Venture Group Real Estate
Listed By: Venture Group Real Estate Team · License #2019046822
Added: May 26 Changed: Sep 8 Last Checked: Sep 28 at 2:06AM
MLS# 60324745

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.

Set on 62 acres, this short-term rental property includes two homes, two cabins, and a cave in a wooded setting with rolling bluffs. The primary home contains 2 bedrooms and 2 bathrooms, along with an attached 2-car garage and a sitting area adjoining the garage. Central heating and central air serve the home, which was built in 1974 and measures 1,556 square feet.

The property is located across from the Elk River in Noel, Missouri, with highway visibility and access to nearby outdoor recreation. Its multiple dwellings and natural setting support a range of short-term rental, retreat, and recreation-oriented uses, subject to applicable requirements.

Key Highlights

  • 62 acres across from the Elk River
  • Two homes and two cabins on the property
  • Primary home measures 1,556 square feet with 2 bedrooms and 2 bathrooms

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Auto Parts Store Electrical Service Storage Facility Furniture & Home Goods Grocery & Convenience Store Pharmacy

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

4
Residential units
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
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
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Multi-dwelling property across from the Elk River with highway visibility and features suited to short-term rental use.
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 acres across from the Elk River; Two homes and two cabins on the property; Primary home measures 1,556 square feet with 2 bedrooms and 2 bathrooms
More about this property
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