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301/303 King Ave, Portageville, MO, 63873

0beds
--baths
1,415sqft
$90,000
$64price/sqft
$981/moest. monthly cost
$39,240/yrincome needed

About This Home

Investor Opportunity in the Downtown Area! Located next to the Post Office, this property package offers a fantastic opportunity for investors or owner-occupants looking to build equity while generating rental income. This unique offering includes two single-family homes on one parcel. 301 King features 3 bedrooms and 1 bathroom, while 303 King offers 2 bedrooms and 1 bathroom. With two homes on a single property, there is excellent potential for cash flow, value-add improvements, or a live-in-one, rent-the-other strategy. Both properties are being sold As-Is and are in need of updates and repairs, making them ideal for investors, renovators, or buyers looking for a project with upside potential. Don't miss this opportunity to add to your portfolio or create value in a convenient downtown location! As an added bonus, the seller is open to selling the entire investment portfolio, including MLS #26037094, #26037084, #26037106, and #26037115, creating a unique opportunity to acquire multiple properties in one transaction.

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

8/10
5/10
Portageville High SchoolGrades 6-120.6 mi

Construction

Condition

  • Year built: 1930

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: Crawl Space

Features

  • Finished area above ground: 1,415

Heating & Cooling

  • Heating features: None
  • Cooling features: Window Unit(s)

Interior Area

  • Total interior livable area: 1,415 sqft

Property

Details

  • Parcel number: 53510000
  • Special condition: Standard

Features

  • Levels: One

Lot

  • Features: City Lot

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

  • Earthquake
    EarthquakeVery High
  • Heat Wave
    Heat WaveVery High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters Across Missouri Counties

Fire
Flood
Other
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 $455$5,460
Home Insurance *$335$4,020
Property Taxes $50$600
Electricity $141$1,693
Total$981$11,772
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$33,634/yr
40% on housing$29,430/yr
45% on housing$26,160/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: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 2.9%
2.9%
0%15.0%
Property Taxes Growth Rate2-year average: 5.8%
5.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$64This listing

vs Other Active Listings

Avg $/sqft

ZIP 63873$62
New Madrid County$75

vs Homes Sold Last Month

Median $/sqft

ZIP 63873
New Madrid County$38

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)

No zestimate history available

Price History

DateEventPrice
2026-06-11Listed for sale$90,000

For Sale by Agent

AgentChristina M Essner
BrokerageEXP Realty, LLC

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