Rare opportunity to own in-town acreage with income potential and room to grow! This charming brick home sits on just over an acre in a prime central location, within walking distance of dining, shopping, and everyday conveniences. The 2-bedroom, 1 full bathroom home offers a functional layout with a full unfinished basement, ideal for storage. Currently leased to a long-time tenant, this property provides immediate rental income, making it a turnkey addition to your investment portfolio. What truly sets this property apart is the massive 30x50 insulated garage, complete with a restroom, three 10-foot bay doors, and two-man doors. Whether you’re a mechanic, or hobbyist, this versatile space delivers endless possibilities for work, storage, or hobbies. Positioned on a little over an acre with dual street access from Potosi St and Janey St, the property offers exceptional development potential, an increasingly rare find within city limits. Expand, build additional housing, or maximize the lot’s value to suit your vision. Properties with this combination of location, income, workspace, and development potential don’t come along often. Secure your investment and explore the possibilities today!
2 Beds
1 Bath
1,172 sq.ft
$0 per sq.ft
Bungalow
$ 329,900
Active
0
26009467
2
1
1,172
Suburban Place
Farmington
Farmington R-VII
St Francois
Residential
Bungalow
Residential
$1,257
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 831 Bell Drive, Farmington, MO 63640 | 3/2 | 1,340 | $259,900 | $256,000 98.5% of ask |
Sep 3, 2026 |
| 408 S A Street, Farmington, MO 63640 | 3/2 | 1,140 | $249,900 | $253,500 101.4% of ask |
Sep 1, 2026 |
| 1036 Ridgewood Farms Road, Unincorporated, MO 63640 | 4/3 | 1,604 | $450,000 | $436,500 97% of ask |
Aug 31, 2026 |
| 806-820 Progress Drive, Farmington, MO 63640 | 0/0 | -- | $1,600,000 | $1,000,000 62.5% of ask |
Aug 31, 2026 |
| 501 Louise Street, Farmington, MO 63640 | 4/2 | 1,020 | $235,000 | $225,000 95.7% of ask |
Aug 28, 2026 |
| 4765 Quail Run Road, Farmington, MO 63640 | 5/5 | 2,660 | $610,000 | $593,000 97.2% of ask |
Aug 28, 2026 |
Estimate your monthly payment. Adjust the sliders below.
Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.