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19824 State Highway 112, Cassville, MO, 65625

--beds
1baths
--sqft
$3,395,000
--price/sqft
$21,447/moest. monthly cost
$857,880/yrincome needed

About This Home

Investor opportunity near Cassville! This 20 unit complex features six duplexes and an 8-plex, with each 2/1 unit ranging from 750-900 sf in size. Units are all-electric and have been meticulously maintainted, including new roofs on all units, new mini-split HVAC systems, and new windows. All units are low maintenance brick exterior. Occupancy is consistently 90-100%, with a waiting list of interested tenants. Also included in the sale is the owner's home. This is a 3/2.5 single story home built for comfort, luxury, and function. It offers plenty of living space and a functional floor plan. The custom kitchen features beautiful granite counters. A home office and family room on one end could be readily made into additional bedrooms. The patio/pool area is a masterpiece, featuring an 18x36' in-ground heated pool, large hot tub, covered outdoor dining area, and gas firepit. It has been extensively remodeled and updated, and is being sold fully furnished, ready for use as an additional upscale rental. The residence could also be remodeled into a deluxe duplex for additional income streams. A large detached garage offers plenty of parking and storage, and next to it is a newer 1200 sf shop.Also worth noting is the acreage. With nearly 20 acres, there is plenty of room to add more apartments, storage units, cabins, or homes. A pond near the home is stocked with fish. With highway on the west and a county road on the east, access is very good. It is situated just minutes from the golf course, and short drive to Roaring River State Park and Table Rock Lake, two very popular tourist attractions. All in all, this is a remarkable property packaged together for a great investment opportunity. The current cap rate is 5.3%, with a realistic cap rate potential of 6+%.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

5/10
8/10
Cassville Middle SchoolGrades 6-82.9 mi
5/10
Cassville High SchoolGrades 9-122.9 mi

Construction

Condition

  • Year built: 1991

Materials

  • Construction materials: Brick,Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range,Dishwasher,Refrigerator

Bedrooms & Bathrooms

  • Bathrooms: 1

Heating & Cooling

  • Heating features: Other
  • Cooling features: Wall Unit(s),Ceiling Fan(s)

Property

Details

  • Parcel number: 232.0040000000049.000
  • Zoning: Residential

Lot

  • Lot size: 19.70 Acres
  • Lot size dimensions: Appro x 1300' x 660'

Parking

  • Total spaces: 5
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Ice Storm
    Ice StormVery High
  • Lightning
    LightningVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Strong Wind
Tornado
Winter Weather
Cold Wave
Hail
Heat Wave
Earthquake

FEMA Declared Disasters Across Missouri Counties

Flood
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $17,166$205,992
Home Insurance *$2,839$34,068
Property Taxes $1,301$15,612
Electricity $141$1,693
Total$21,447$257,364
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$735,325/yr
40% on housing$643,410/yr
45% on housing$571,920/yr

Missouri FAIR Plan Programs

Missouri Property Insurance Placement Facility

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,041Commercial: 84
Total Premiums$2.35M
Total Exposure$198.26M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 2.9%
2.9%
0%15.0%
Property Taxes Growth Rate2-year average: -3.0%
-3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 65625$135
Barry County$146

vs Homes Sold Last Month

Median $/sqft

ZIP 65625
Barry County$151

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-25Listed for sale$3,395,000
2022-05-23Sold--

For Sale by Agent

AgentScott Sudkamp
BrokerageMidwest Land Group

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