Address
507/509 Payne Avenue, Portageville, MO
Price
$ 45,000
Property Attributes
- MLS#26037084
- TypeSingle Family
- Listing Status Active
- CountyNEW MADRID
- CityPortageville
- Zip63873
- StyleBungalow
- Year Built1940
- Price$ 45,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage676
Data Source:
Mid America Regional Information Systems (MARIS)
Property Description
Investor Opportunity! This unique package includes two single-family homes and an additional lot, all situated on a quiet road with excellent potential for investors looking to expand their rental portfolio. Both 507 Payne and 509 Payne feature 2 bedrooms and 1 bathroom homes, offering a solid foundation for renovation and future rental income. Whether you're looking to add long-term rentals, tackle a fix-and-flip project, or build sweat equity, these properties provide plenty of opportunity. The homes are being sold As-Is and will require updates and repairs, allowing the next owner to bring their vision and maximize value. With multiple properties included and strong income-producing potential, this is a rare opportunity to acquire investment real estate at an affordable price. Don't miss your chance to transform these properties into a valuable addition to your portfolio. As an added bonus, the seller is open to selling the entire investment portfolio, including MLS #26037094, #26037084, #26037106, and #26037115, creating a unique opportunity to acquire multiple properties in one transaction.
| Elementary School | Middle School | High School |
|---|---|---|
| Portageville Elem. | Portageville High | Portageville High |
| Price History | |
|---|---|
| 6/11/2026 | Listed $60,000 |
| 7/6/2026 | 25$45,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air,Window Unit(s) |
| Utilities | Electricity Connected |
| Possession | Close Of Escrow |
| Architectural Style | Bungalow |
| Construction Materials | Vinyl Siding |
| Year Built | 1940 |
| Electric | 220 Volts |
| Levels | One |
| Property Subtype | Single Family Residence |
| County | New Madrid |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | none |
| Garage Y/N | No |
| Status | Active |
| High School | Portageville High |
| City | Portageville |
| Disclosures | Lead Paint |
| High School District | Portageville |
| Carport Y/N | No |
| Elementary School | Portageville Elem. |
| Home Warranty Y/N | No |
| Middle/Junior High School | Portageville High |
| Standard Status | Active |
Interior Features
| Basement (Y/N) | No |
|---|---|
| Fireplace Y/N | No |
| Above Grade Finished Area | 676 |
| Above Grade Finished Area Source | Assessor |
Exterior Features
| Lot Features | City Lot |
|---|---|
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 63873
Price
Year Built
Visits
These Properties are provided courtesy of Broker Reciprocity/IDX Lake Of The Ozarks Board of REALTORS® and Bagnell Dam Association of REALTORS® MLS, Inc. Multiple Listing Service. This information is copyrighted by The Lake Of The Ozarks Board of REALTORS® and The Bagnell Dam Association of REALTORS® MLS, Inc. Multiple Listing Service. Information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Nettwork Global are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers
The territorial jurisdiction of the Jefferson City Area Board of REALTORS®, Inc. includes Cole, Callaway, Moniteau, and Osage Counties. This representation is based in whole or part on data supplied by the Multiple Listing Service of the Jefferson City Area Board of REALTORS®, Inc. Neither the Board nor its MLS guarantees or is any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market.
