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
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