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Seven-Unit Apartment Building with Storage
For Sale
$450,000

23195 Shannon Lane, Summersville, MO 65571

MULTI_FAMILY - Summersville, MO

Property SizeContact for details
Lot Size4.83 Acres
Days on Market323

Property Features for 23195 Shannon Lane

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bedrooms 7
Rooms Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 7, Bedroom 6, Bedroom 4, Bedroom 5
Interior features Carpet
Appliances Range, Refrigerator
Elementary school Summersville
Middle school Summersville
High school Summersville
Directions From Summersville, Missouri, Take 106 East then left on Hwy JJ/Main Street. Property is 1/2 mile on the right.
Standard status Active
APN 23-0.6-13-000-000-009.00
Lot size 4.83 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1749

Utilities

Heating system Forced Air
Cooling system Wall Unit(s)
Water source Private

Building Details

Year built 1980
Number of units 7
Building materials Metal, Masonite
Roof type Metal
Listing Agency: United Country Missouri Ozarks Realty Inc.
Listed By: Kimberly Grennan · License #2006013557
Added: Oct 2, 2025 Changed: Aug 5 Last Checked: Aug 20 at 5:06PM
MLS# 60306262

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 offers a mix of income-producing units and storage on a single site. There are seven one-bedroom, one-bath apartment units, with six currently leased and one available. The property also includes 21 storage units. Improvements include metal roofing, carpet interior finishes, forced-air heating, and wall unit(s) cooling.

The building is constructed with metal and Masonite materials and was built in 1980. The site is 4.83 acres and is served by private water and two septic systems.

The property is zoned Residential and is located at 23195 Shannon Lane, Summersville, MO 65571.

Key Highlights

  • Seven one‑bedroom, one‑bath apartment units: 6 leased and 1 available
  • 21 storage units on‑site
  • 4.83‑acre site with two septic systems and private water

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Building Supply Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service Hair Salon

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 65571, MO

1,962
Population
903
Households
2.2
Avg Household Size
44
Median Age
13%
College-Educated
81%
High-School Grad
185.8 sq mi
ZIP Area
11
Density / Sq Mi
$33,447
Median Household Income
$25,213
Median Earnings
$425
Median Rent
$116,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multi-unit apartment property with on-site storage, metal roof, forced-air heat, and wall AC in a residential-zoned setting.
Where is this apartment building located?
The property is located at 23195 Shannon Lane Summersville, MO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Seven one‑bedroom, one‑bath apartment units: 6 leased and 1 available; 21 storage units on‑site; 4.83‑acre site with two septic systems and private water
More about this property
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