190 W Main Street, Gainesville, MO 65655

• 4 beds |
• 4 baths |
• 5,524 sqft

Property Description

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

Listing Status:

Active

Data Last Updated:

April 4, 2026 at 2:21PM

Listing Office:

United Country Missouri Ozarks Realty Inc. : (417) 256-1000

Listing Agent:

Amanda Watkins : (417) 543-4128

MLS ID:

60316112

Interior

• General: High Ceilings
• Appliances: Electric Water HeaterPropane Water HeaterFree-Standing Propane OvenFree-Standing Electric Oven
• Dining: Kitchen/Dining ComboLiving/Dining Combo
• Laundry: Main Floor
• Flooring: CarpetConcreteLuxury VinylLaminate
• A/C: ElectricCentral AirCeiling Fan(s)Heat Pump
• Heating: Forced AirCentralFireplace(s)Heat PumpElectric
• Fireplace: Living RoomFree StandingWood BurningFireplace

Exterior

• Other Structures: DeckCovered

Construction

• Roofing: Metal
• General: StoneOneBlockPoured Concrete

Location

• Road/Access: City Street
• Originating MLS: somo
• County: Ozark

Lot

• Zoning: 15-0.3-07-001-001-0003.000
• View: Panoramic

Utilities

• Water: City
• Sewer: Public Sewer

Financial

• Source: somo