Discover an exceptional multi-family investment property in Mountain Grove, Missouri. This fully remodeled, low-maintenance four-plex sits on two spacious city lots totaling approximately 1.7 acres, offering rare expansion potential and the opportunity to add additional units and increase future income.The property includes three two-bedroom, one-bath units and one one-bedroom, one-bath unit. All units have been fully updated with a newer roof, HVAC systems, water heaters, updated plumbing, durable LVP flooring, refrigerators, and stoves. A 20-foot storage container is also included, providing convenient space for tools, equipment, or additional storage needs.With a strong rental history and consistent demand, this property benefits from its prime, in-town location and low-maintenance features offering both immediate cash flow and long-term growth potential. Whether you are expanding your investment portfolio or purchasing your first multi-family property, this is a great opportunity!
Mountain Grove is located in Missouri. Mountain Grove, Missouri has a population of 4,386. Mountain Grove is more family-centric than the surrounding county with 37.69% of the households containing married families with children. The county average for households married with children is 30.66%.
The median household income in Mountain Grove, Missouri is $34,474. The median household income for the surrounding county is $40,179 compared to the national median of $69,021. The median age of people living in Mountain Grove is 41.6 years.
The average high temperature in July is 87.5 degrees, with an average low temperature in January of 21.1 degrees. The average rainfall is approximately 44.8 inches per year, with 13.4 inches of snow per year.
