About This Home

This 0-bedroom, 2-bathroom residential multi family at 1 South Street in Kimberling City, MO is listed for $1,300,000. Built in 2005, on a 0.48 acres lot.

Key Features

  • Built in 2005
  • 0.48 acre lot

Property Details

2 full
8-car garage
2005

Amenities

A/C
Listing Description

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 thr

ee 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.

Monthly Cost Estimate

$14,381/mo

20% down · 6.5% · 30 years

Principal$940
Interest$5,633
Insurance$379
HOA$7,428

Estimates only. Actual payments may vary.

Location

1 South Street

Kimberling City, MO 65686

Kimberling Hills

Features & Amenities

Interior Features

CarpetWasher/Dryer Hookup

Property Details

Heating

Forced Air

Cooling

Central Air

Appliances

RangeDisposalDishwasherRefrigeratorMicrowave

Questions & Answers

This 0-bedroom, 2-bathroom residential multi family at 1 South Street is listed at $1,300,000. The estimated monthly payment is $14,381 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $7428/month.

Key features include: Built in 2005, 0.48 acre lot. Interior Features: Carpet, Washer/Dryer Hookup.

This property is listed by Kirk Kirkland Cocanougher.

KC

Kirk Kirkland Cocanougher

Agent at Greater Springfield Realty, LLC (Keller Williams)

Listed by Greater Springfield Realty, LLC (Keller Williams) · Broker phone: (417) 883-4900 · View on Broker Site · Broker website

MLS# 60336158· Source: Southern Missouri Regional MLS, LLC (SOMO)· 16 days on PropertySimple

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.

1 South Street, Kimberling City, MO 65686

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