$240,000

919 W Main Street, Washington, MO 63090

  • 2 beds |
  • 2 baths |
  • 932 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1943
  • Property Lot Size Icon0.33acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $258/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

Income-Producing Investment Opportunity – Pro-Forma STR & LTR Returns $240,000 | Downtown Washington | Riverfront Access | C-1 Zoning | TWO Buildable Lots Turn-key Airbnb or long-term rental investment in one of Washington’s most walkable, high-demand tourist corridors! This charming Midwest farmhouse sits on TWO lots totaling approx. 1/3 acre, with the second lot vacant & buildable—creating immediate income with powerful future expansion upside. Zoned C-1 Residential/Commercial for unmatched flexibility. Short-Term Rental (Airbnb) Pro-Forma – Based on $240,000 Entry Price Estimated Nightly Rate: $190–$260 Conservative Occupancy: 60% Projected Gross Annual STR Revenue: $41,600 – $56,900+ per year Estimated Net After Expenses (30–35%): $27,000 – $39,000 NET annually Strong cash flow potential Walkable tourism location Wine country, Amtrak, riverfront, festivals, lake recreation Multi-entrance layout ideal for guest turnover Long-Term Rental Pro-Forma Estimated Rent: $1,900 – $2,400/month Projected Annual Rent: $22,800 – $28,800 per year Solid performance for: Buy-and-hold investors Medium-term corporate rentals Traveling nurse or executive rentals Second Lot = Forced Appreciation Opportunity One vacant, buildable second lot allows: Additional STR unit Guest cottage Office or studio rental Tiny home luxury rental This creates a compound income property instead of a single-door investment Built for High ROI / Low Overhead • Vinyl siding • Metal roof • Vinyl thermopane windows • Newer composite deck • Walkout lower level with full bath, egress, laundry & two private entrances • Main floor bedroom + den (easy 2-bed potential) • Loft bedroom for added occupancy Location = Bookings Walk to: • Riverfront & boat ramp • Parks, pool, pickleball & sports fields • Lions Lake & fairgrounds • Amtrak station • Downtown dining, shopping & festivals • Minutes to Missouri Wine Country Passed Occupancy • Move-In Ready • Proven STR & LTR Demand Corridor At $240,000, this property offers multiple income strategies, appreciation via development, and exceptional walkability—a rare combination in this price point.

Listing Status:
Active
Date Added:
December 9, 2025 at 06:00AM
Listing Office:
EXP Realty, LLC : 636-238-3830
MLS ID:
25080292
  • General: Dining/Living Room ComboHigh Speed InternetPantryMaster DownstairsStorage
  • Appliances: Gas OvenRefrigeratorWasher/Dryer
  • Laundry: In BasementLower Level
  • Basement: BathroomBlockConcreteDaylightEgress WindowExterior EntryPartially FinishedInterior EntrySleeping AreaStorage SpaceWalk-Out Access
  • Flooring: Wood
  • A/C: Ceiling Fan(s)ElectricWindow Unit(s)
  • Heating: Forced AirPropane
  • General: BalconyBarbecueCourtyardFire PitGardenRain Gutters
  • Style: BungalowCottage
  • Parking: Additional ParkingKitchen LevelParking PadPrivate
  • Roofing: Metal
  • General: FrameVinyl SidingOne and One HalfBlockBrick/MortarPermanent
  • Road/Access: City Street
  • Originating MLS: maris2
  • School District: Washington
  • County: Franklin
  • Zoning: 10-5-150-3-099-044000
  • Utilities: Cable AvailableElectricity ConnectedAmeren
  • Water: Public
  • Sewer: Public Sewer
  • Source: maris2
  • Ownership: Private

This listing courtesy of EXP Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

W

Washington West Elementary School

840 W Pride Dr, Washington, MO, 63090

Grades KG-6

1.22 miles away

W

Washington Middle School

401 E 14th St, Washington, MO, 63090

Grades 7-8

1.58 miles away

W

Washington High School

600 Blue Jay Dr, Washington, MO, 63090

Grades 9-12

1.47 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby