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4 Beds
4 Baths
5,524 sqft

$449,900

190 W Main Street, Gainesville MO, 65655

Price per sqft$81.44
Built in1938
Property size5,524 sqft
Property typeResidential
Courtesy of United Country Missouri Ozarks Realty Inc., Amanda Watkins Listing Contact:

Overview

Active

Listed Feb 24, 2026

Updated 3 weeks ago

Great investment potential in Gainesville, MO, in the heart of the beautiful Missouri Ozarks! Perfectly positioned between Bull Shoals Lake and Norfork Lake, and just minutes from the North Fork of the White River and Bryant Creek, this property offers prime access to some of the region's most sought-after recreational destinations.Whether you're looking for a multi-family setup, rental income opportunity, or a flexible living arrangement, this property delivers exceptional versatility. The home currently features three separate apartment-style living areas. Two living areas are finished and move-in ready, while the third is in the process of being remodeled, giving you the opportunity to finish it to your vision and instantly add value. With outside measurements showing a sq footage of approximately 6500 sq ft and floor plans showing approximately 5524 sq ft of living space and 698 sq ft of unfinished storage, the possibilities are truly endless.Inside you'll find four finished bedrooms, two finished living areas, and five bathrooms, creating plenty of space for tenants, extended family, or a combination of both. The layout allows for separate entrances and private living quarters, making short-term or long-term rental possibilities incredibly appealing in this high-demand lake and river region.Storage space is abundant throughout the property, adding convenience and practicality for both owners and tenants. With strong tourism appeal from nearby lakes and rivers, this property presents excellent income-producing potential or the chance to create a spacious multi-generational home.Opportunities like this in Gainesville don't come around often. Finish the remodel, maximize the layout, and unlock the full potential of this Ozarks investment property

$2,993/mo

Est. mortgage payment based on a $449,900 home price.

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

Additional information

MLS® ID
60316112

Interior Features

Bedrooms
4
Bathrooms
4
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.55 Acres

Other Property Details

Taxes
$593
Tax Frequency
Annually
View
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 Step Above Realty LLC 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 3:37 AM UTC on 9/19/2026. 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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