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507/509 Payne Avenue, Portageville, MO, 63873

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.

Subdivision: none

List Price

$ 45,000

Status

Pending

Days on market

0

MLS#

26037084

Bedrooms

0

Full baths

0

Subdivision

none

School District

Portageville

County

New Madrid

Property Type

Residential

Style

Bungalow

Type

Residential

Additional Information

Recent Nearby Sales in 63873

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
410 E 3rd Street, Portageville, MO 63873 2/1 962 $26,500 $25,000
94.3% of ask
Jun 22, 2026
106 West 12th Stret, Portageville, MO 63873 3/1 1,158 $125,000 $110,000
88% of ask
May 27, 2026
205 W 12th St, Portageville, MO 63873 3/1 1,138 $85,000 $80,000
94.1% of ask
Apr 20, 2026
0 State Highway F, Portageville, MO 63873 0/0 -- $7,500 $7,500
100% of ask
Mar 5, 2026
505 W 9th Street, Portageville, MO 63873 3/2 1,120 $55,000 $40,000
72.7% of ask
Dec 30, 2025
0 RT-162, Portageville, MO 63873 0/0 -- $253,000 $195,500
77.3% of ask
Dec 15, 2025

Price & Listing History

Listed for sale
Jun 11, 2026 at $60,000
Price reduced by $15,000 (25%)
From $60,000 to $45,000
Current status: Pending
As of Aug 10, 2026 · $45,000

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