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Short-Term Rental Property with Cabins
For Sale
$729,000

208 Minnow Springs Avenue, Noel, MO 64854

MultiFamily, Noel, MO

Property Size1,556 SF
Lot Size62.00 Acres
Price / SF$468.51
Days on Market143

Property Features for 208 Minnow Springs Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 4, Bathroom 2, Bathroom 3, Bathroom 6, Bathroom 5, Bathroom 1
Elementary school Noel
Middle school McDonald
Elementary school district McDonald Cty
Middle school district McDonald Cty
High school district McDonald Cty
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.
Subdivision 14 - McDonald County
Standard status Active
Size 1,556 SF
Lot size 62.00 Acres

Taxes and HOA fees

Tax Annual Amount 1158

Utilities

Heating system Central, Propane (Heating)
Cooling system Central Air

Amenities

cave

Building Details

Number of units 4
Flooring type Ceramic, Wood
Roof type Composition
Listing Agency: Venture Group Real Estate
Listed By: Venture Group Real Estate
Added: May 22 Changed: Oct 8 Last Checked: Oct 11 at 2:06PM
MLS# 262784

Copyright © 2026 Ozark Gateway Association of Realtors. 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 62-acre property includes two homes and two cabins, offering multiple residential improvements within a wooded setting. The primary home contains 2 bedrooms and 2 bathrooms, with wood and ceramic flooring, central heating and cooling, propane heat, and a composition roof. An attached 2-car garage includes a nearby sitting area, while the property also features a cave and rolling bluffs.

Located at 208 Minnow Springs Avenue in Noel, Missouri, the property sits directly across from the Elk River and offers highway visibility. Its river-area setting provides access to nearby outdoor recreation. The combination of multiple dwellings, substantial acreage, and distinctive natural features supports short-term rental, retreat, or recreational uses as described in the property information.

Key Highlights

  • 62 acres directly across from the Elk River
  • Two homes and two cabins on the property
  • Primary home includes 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

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 - Multiple dwellings, wooded acreage, and an Elk River setting create a flexible short-term rental property.
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 $729,000.
What are key features of this property?
This property features: 62 acres directly across from the Elk River; Two homes and two cabins on the property; Primary home includes 2 bedrooms and 2 bathrooms
More about this property
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