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.
2 Beds
2 Baths
0 sq.ft
$0 per sq.ft
Ranch
$ 59,900
Active
0
26024518
2
2
N/A
New Madrid
New Madrid Co. R-I
New Madrid
Residential
Ranch
Residential
$424
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 |
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