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2 Baths

$1,300,000

1 South Street, Kimberling City MO, 65686

Built in2005
Property typeMulti-family
Courtesy of Keller Williams Local, Kirk Kirkland Cocanougher Listing Contact:

Overview

Active

Listed Oct 12, 2026

Updated 2 days ago

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.

$8,649/mo

Est. mortgage payment based on a $1,300,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
60336158

Interior Features

Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.48 Acres

Other Property Details

Taxes
$6,828
Tax Frequency
Annually
Garage
Yes

Listings courtesy of MO - Southern Missouri Regional MLS (SMRMLS) as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jeff Pratt shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 3:11 AM UTC on 10/14/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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