190 W Main Street, Gainesville, MO 65655 | MLS #60316112

$499,900 No Recent Price Change
190 W Main Street
Gainesville, MO 65655
  • 4Beds
  • 2Full Baths
  • 2Half Baths
  • 5,524SqFt
  • 1938Year Built
  • 0.55Acres
  • MLS# 60316112
  • Residential
  • Multiple Residences
  • Active

  • Approx Time on Market3 months, 10 days
  • AreaOzark
  • CountyOzark
  • Subdivision N/a

Overview

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



Association Fees / Info

Association Type:  None

Hoa:  No

**Building Info

Basement:  No

Construction:  No

Building Area Total:  5524

Roof:  Metal

Construction Materials:  Stone

Foundation:  Block, Poured Concrete

Fireplace Type:  Living Room, Free Standing, Wood Burning

Levels:  One

Stories:  1

Exterior Features

Building Class:  Owner

Patio and Porch:  Covered, Deck

Shop Building Features:  No

Fees / Restrictions

Easement and Restrictions:  Flood Plain

Financial

Som Price Per Square Foot:  $90.50

Garage / Parking

Garage:  No

Attached Garage:  No

Green / Env Info

Handicap

Interior Features

Fireplaces:  Yes

Laundry Features:  Main Floor

Flooring:  Carpet, Concrete, Luxury Vinyl, Laminate

Interior Amenities:  High Ceilings

Appliances:  Electric Water Heater, Propane Water Heater, Free-Standing Propane Oven, Free-Standing Electric Oven

Lot Info

Lot:  Acreage, Paved Frontage

Acres:  0.55

Marina Info

Docks Dock Slip:  No

Misc

Above Grade Finished Area:  5524

Insidecitylimits:  Yes

Other

Som Propane Tank:  Yes

Som Propane Tank Ownership:  Owned

Som Related To Owner:  No

Som Reserve Item:  No

Foreclosure:  No

Property Info

Township:  22

Year Built:  1938

View:  Panoramic

View:  No

Road Surface:  Asphalt

Road Frontage Type:  City Street

County:  Ozark

Rental Info

Vacation Rental:  No

Room Info

Room Type:  In-Law Suite, Kitchen- 2nd, Apartment, Living Areas (3+)

Sqft Info

Sqft:  5524

Tax Info

Tax Year:  2025

Tax Amount Annual:  592.59

Tax Provided By:  Assessor Records

Unit Info

Utilities / Hvac

Sewer:  Public Sewer

Cooling Oth:  Electric

Cooling:  Central Air, Ceiling Fan(s), Heat Pump

Water Source:  City

Heating Source:  Electric

Heating:  Forced Air, Central, Fireplace(s), Heat Pump

Waterfront / Water

Waterfront View:  None

Lake River:  None

Schools

Elem:  Gainesville

Middle:  Gainesville

High:  Gainesville

Directions

From Gainesville square, turn right after city hall property on the right.

Listings courtesy of United Country Missouri Ozarks Realty Inc. 

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On garynelsonrealestate.com since Tue, Feb 24th 2026
No Property History recorded for this listing.

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Schedule your private tour of this 4 Beds beds, 2 Full Bath baths Multiple Residences at 190 W Main Street in Gainesville, MO today.

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