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Multifamily Property With Two Homes
For Sale
$235,000

353 Truman St, Newburg, MO 65550

Two residences and an RV hookup pad occupy a rural acreage tract near Interstate 44.

Property Size2,748 SF
Lot Size5.73 Acres
Price / SF$85.52
Days on Market23

Property Features for 353 Truman St

General Information

Standard status Active
Size 2,748 SF
Lot size 5.73 Acres
Property subtype Multi-Family

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 3BR/1.5BA, 1 x 3BR/2BA
Multifamily Units 2

Amenities

hardwood floors
covered front and side entry
large country kitchen
brick fireplace with propane logs
large covered front porch
side deck
partially fenced yard
RV concrete pad with full hookups

Building Details

Year Built 1947
Buildings 2
Listing Agency: VIP Properties
Listed By: Heather Holden · License #2022013593
Source: Nations-network
Added: Aug 7 Changed: Aug 28 Last Checked: Aug 29 at 12:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VIP Properties

Investment Insights

Based on property information with market context.

This multifamily property includes two separate residences on 5.73 acres m/l. The primary home offers three bedrooms, one and one-half baths, hardwood floors, covered front and side entries, a country kitchen, and a brick fireplace with propane logs. The second residence is a 2002 manufactured double wide with three bedrooms, two baths, a covered front porch, permanent foundation, oversized crawlspace, side deck, and partially fenced yard.

An RV concrete pad includes full electric, water, and septic hookups. The residences and RV pad are served by separate electric meters. The property combines open ground and wooded areas, with a well, two septic tanks, highway frontage, and proximity to Newburg Schools. It is located approximately 1 mile south of Interstate 44, with access toward Rolla, Waynesville, and Fort Leonard Wood.

Key Highlights

  • 5.73 acres m/l with a combination of open ground and woods
  • Two residences: a three‑bedroom home and a 2002 manufactured double wide
  • RV concrete pad with full hookups to electric, water, and septic

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Storage Facility Bakery Auto Repair Shop Fish Market Food Market Farmer's Market

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
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 65550, MO

2,836
Population
1,685
Households
1.7
Avg Household Size
44
Median Age
18%
College-Educated
86%
High-School Grad
173.2 sq mi
ZIP Area
16
Density / Sq Mi
$67,721
Median Household Income
$41,731
Median Earnings
$530
Median Rent
$155,000
Median Home Value

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?
Multifamily property - Two residences and an RV hookup pad occupy a rural acreage tract near Interstate 44.
Where is this multifamily property located?
The property is located at 353 Truman St Newburg, MO.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 5.73 acres m/l with a combination of open ground and woods; Two residences: a three‑bedroom home and a 2002 manufactured double wide; RV concrete pad with full hookups to electric, water, and septic
More about this property
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