1 South Street, Kimberling City, MO 65686
Local realty services provided by:Better Homes and Gardens Real Estate Southwest Group
Listed by: kirk kirkland cocanougher
Office: keller williams local
MLS#:60336158
Source:MO_GSBOR
1 South Street,Kimberling City, MO 65686
$1,300,000
- - Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,300,000
About this home
RARE 8-UNIT INVESTMENT OPPORTUNITY JUST STEPS FROM TABLE ROCK LAKE!Welcome to 1 South Street in Kimberling City--an exceptional income-producing property offering eight updated rental units, established long-term tenants, an outstanding lake-area location and commercial zoning with future flexibility.The property features eight total units: six units together plus a separate duplex. Each unit offers 2 bedrooms, 1.5 bathrooms and approximately 1,100 square feet, providing spacious, desirable floor plans. With approximately 8,800 square feet of rentable living space and 16 total bedrooms, this property offers impressive scale in a prime Table Rock Lake location.The property was extensively remodeled and updated approximately three years ago, allowing a new owner to acquire an established investment without the immediate major renovation needs often associated with multifamily properties. The roof is also less than 10 years old.LOCATION IS THE DIFFERENCE. Public access to Table Rock Lake is less than a two-minute walk away, putting residents and future guests just steps from one of the Ozarks' premier recreational destinations. Restaurants, shopping and services in Kimberling City are nearby, while Branson and surrounding Table Rock Lake attractions are within easy reach.Currently operated as successful long-term rentals, the property provides established income and attractive potential at the current asking price. Commercial zoning may also provide opportunities for nightly/short-term rentals or other permitted uses. Buyers should independently verify licensing and permitted-use requirements with the City of Kimberling City.Continue the existing rental operation, explore short-term rentals, combine rental strategies or evaluate other permitted uses.Eight units. Updated. Established rentals. Commercial zoning. Table Rock Lake just steps away. Offered at $1,295,000....
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Home facts
- Year built:2005
- Subdivision & Development:Kimberling Hills
- Listing ID #:60336158
- Added:8 day(s) ago
- Updated:October 21, 2026 at 03:14 PM
Rooms and interior
- Total bathrooms:2
- Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:2005
- Lot area:0.48 Acres
Schools
- High school:Reeds Spring
- Middle school:Reeds Spring
- Elementary school:Reeds Spring
Finances and disclosures
- Price:$1,300,000
- Tax amount:$6,828 (2025)
Parking
- Garage:Yes
- Garage spaces:8
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