Listing provided courtesy of United Country-Cozort Realty, Inc.MLS# 60316683MLS Provider
  • 118 days on site
  • 6 views

Historic 1890 Home with Rental Income on 3.07 Acres Inside City Limits Step back in time while enjoying modern-day opportunity with this historic 1890-built home situated on 3.07 acres, with the main residence conveniently located inside the city limits. This rare combination offers the charm and character of a classic home along with space, versatility, and income potential. The main home features 3 bedrooms and 2 bathrooms, showcasing the craftsmanship and timeless appeal you would expect from a property built in the late 19th century. With generous living space and a layout full of potential, this home is perfect for someone who appreciates historic character and wants to make it their own. Whether you choose to preserve its vintage charm or incorporate tasteful updates, the possibilities are wide open. Adding even more value to the property is a 3-bedroom, 2-bath mobile home that is currently rented for $600 per month. This established rental provides immediate income, making this property ideal for investors, multi-generational living, or anyone looking to offset their mortgage with rental revenue. The land offers usable space for a variety of needs. A chicken house and several small outbuildings provide excellent options for hobby farming, storage, or small livestock. There is also a shop equipped with power, water, and a concrete floor--perfect for projects, equipment storage, a workshop, or even a small business setup. With acreage inside city limits, rental income already in place, and multiple functional outbuildings, this property delivers flexibility, opportunity, and historic charm all in one package. Whether you're searching for a primary residence with income potential or an investment property with room to expand, this unique offering is worth a look.

Source: Southern Missouri MLS, MLS#: 60316683

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  • Property Type
    Residential
  • Lot
    3.07 acres

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Melanie Jacobs McGraw

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 509 Old Cane Bluff Road


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/4/2026Source: Southern Missouri MLS Price Reduction
$199,900 -2.5%
3/3/2026Source: Southern Missouri MLS Added to Database
March 03, 2026