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808 Dawson Rd, New Madrid, MO, 63869

Looking for an affordable path to homeownership or your next investment opportunity? This 2-bedroom, 2-bath modular home offers solid value at a price point that is hard to find in today’s market. Situated on a 0.16-acre lot, this home features a functional layout with a spacious living area, large kitchen with plenty of cabinet space, and a split-bedroom design that provides privacy. The home includes two full bathrooms, making it practical for everyday living or rental use. The property is currently tenant-occupied, generating $650 per month in rental income, making it an immediate cash-flow opportunity for investors looking to expand their portfolio. While the home may benefit from some cosmetic updates, it is priced accordingly and offers a great chance to build equity over time. Whether you are tired of renting and ready to own, or an investor searching for an affordable income-producing property, this one deserves a look. Key Highlights: • Affordable price point • 2 bed, 2 full bath layout • Currently rented at $650/month • Great investment or starter home • Opportunity to add value with updates Don’t miss your chance to own instead of rent or add a cash-flowing property to your portfolio.

Subdivision: N/A

List Price

$ 59,900

Status

Active

Days on market

0

MLS#

26024518

Bedrooms

2

Full baths

2

Subdivision

N/A

Municipality

New Madrid

School District

New Madrid Co. R-I

County

New Madrid

Property Type

Residential

Style

Ranch

Type

Residential

Additional Information

Property Tax (2025)

$424

Recent Nearby Sales in 63869

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
824 St. Anne, New Madrid, MO 63869 3/1 1,070 $107,500 $85,000
79.1% of ask
Jul 23, 2026
337 State Highway P, Unincorporated, MO 63869 0/0 -- $395,000 $315,000
79.7% of ask
Jun 30, 2026
510 Saint Peter, New Madrid, MO 63869 3/2 1,556 $174,900 $168,500
96.3% of ask
Jun 26, 2026
1213 Cherokee Circle, New Madrid, MO 63869 3/2 1,419 $179,900 $179,900
100% of ask
Jun 18, 2026
1009 Saint Francis Lane, New Madrid, MO 63869 3/2 1,482 $249,900 $238,000
95.2% of ask
May 29, 2026
230 Pinnell Lane, New Madrid, MO 63869 3/1 1,032 $50,000 $50,000
100% of ask
May 18, 2026

Price & Listing History

Listed for sale
Apr 22, 2026 at $65,900
Price reduced by $6,000 (9.1%)
From $65,900 to $59,900
Current status: Active
As of Aug 5, 2026 · $59,900

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