203 Recreation Avenue
Rockaway Beach, MO 65740
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1940 build
- – on site
8-unit rental property in Rockaway Beach, Missouri. The property includes one 3-bedroom unit, five 2-bedroom units, and two 1-bedroom units. All units are currently rented with long-term leases in place, bringing in a total of $7,485 per month. Tons of updates/remodels have been made in recent years, and there is room for more improvements that could increase rental income and value. With a solid 10.5% cap rate based on current income, the property also has potential for higher returns if converted to short-term rentals. Located near Lake Taneycomo, this is a strong investment opportunity with steady cash flow.
Last checked:
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Last updated Apr 29, 2025
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MLS# 60293195 —
The Building
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Year Built:1940
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Construction Materials:Vinyl Siding, Frame
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Roof:Composition, Asphalt
Interior
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Interior Features:Carpet, Formal Living, Fenced Area
Location
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Directions:From US-65 N in Branson, exit onto MO-76 E toward Forsyth. Follow MO-76 E about 4.5 miles. Turn left onto MO-176 N toward Rockaway Beach. Stay on MO-176 N about 3 miles. Turn right onto Lake Street, then immediately left onto Recreation Ave. 203 Recreation Ave will be on your left.
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Longitude:-93.160921
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Latitude:36.699786
The Property
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Property Type:Residential Income
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Property Subtype:Other
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Lot Size Acres:0.46
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Lot Size Dimensions:200X100
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Zoning:Motel/ Multi-fa
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Parcel Number:08-1.0-12-003-037-001.000
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Waterfront View:View
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Other Structures:Four or More Buildings
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (417) 337-0452
- Office phone:
- (417) 883-4900
Taxes
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Tax Year:2024
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Tax Annual Amount:1003.86
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Tax Legal Description:ROCKAWAY BEACH ROCKAWAY BEACH LTS 1, 2, 6 & 7 BLK 31; CITY OF ROC
The Listing
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Flood Insurance:Not Required
Heating & Cooling
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Heating:Base Board, Space Heater
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Cooling:Window Unit(s)
Utilities
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Utilities:Community, Sewer Available, Electricity Available
Appliances
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Appliances:Range, Refrigerator, Microwave
Schools
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Elementary School:Forsyth
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Middle Or Junior School:Forsyth
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High School:Forsyth
The Community
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Subdivision Name:Rockaway Beach
Parking
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Attached Garage:false
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Parking Features:1 per Unit
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/29/25
Apr 29, 2025
|
Listed / Active | SOMO | $425,000 |
