missouri home

Great Curb Appeal For the Price – c.1920 Missouri Home Under $28K

$27,600

High-potential cash-flow or starter home opportunity! This Missouri home offers a functional 2-to-3 bedroom configuration with 1 bath, boasting large main-floor living areas—including a grand living room, formal dining area, and spacious kitchen. Vacant or ready for immediate tenant placement, its versatile footprint maximizes rental appeal or offers hands-on buyers an affordable canvas to build instant equity.

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Realtor Comments

The 3rd Bedroom Could Be The Large One Room Upstairs. This Home Is Spacious. Located Near Commerce. All HUD Homes Sell AS IS Case# 292-782087 All Offers To Be Submitted Through BUYERS MUST HAVE PROOF OF FUNDS OR LOAN APPROVAL LETTER PRIOR TO ANY OFFERS.
  • 3bd
  • 1ba
  • 1,484sqft
  • 8,712sqft lot
  • Circa 1920

More Missouri Properties

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303 N Marion St, Malden, MO 63863

If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended. 

-Contact Realtor: Gina R Miller

Brokered by The Gina Miller Realty Company

-Google Maps 

-Niche

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The Pros

  • Ultra-Affordable Housing & Living: Malden features an extraordinarily low cost of living, sitting around 20–22% below the national average. Median home prices sit well below $100,000, allowing buyers to acquire spacious single-family homes, historic properties, or large lots at fraction of national rates.

  • Bootheel Regional Airport & Industrial Park: Unlike many towns of its size, Malden has a surprisingly robust infrastructure legacy centered around Malden Regional Airport & Industrial Park. This facility supports general aviation, agriculture spraying, and local light industrial operations.

  • Warm Community & Local Heritage: Malden retains a friendly, tight-knit atmosphere where residents support local schools (Malden Green Wave athletics) and community events like the annual Cotton Fest. The town also houses the Historical Museum and Veterans Museum, celebrating its WWII aviation training background.

  • Outdoor & Wildlife Access: Nestled in the flat Delta farmlands of Southeast Missouri, Malden is near rich agricultural ground and conservation land. Outdoor enthusiasts enjoy easy access to duck hunting, freshwater fishing along the St. Francis and Mississippi rivers, and nearby state wildlife management areas.

  • Quiet, Low-Traffic Environment: Traffic congestion is virtually non-existent, making daily life peaceful, quiet, and predictable for retirees, remote workers, or families who prefer country living over suburban hustle.

The Cons

  • Elevated Crime Rates: Relative to its small population, Malden reports crime metrics—particularly property crime (theft, burglary, vehicular theft)—that sit above state averages. Careful evaluation of specific streets and neighborhoods is recommended.

  • Depressed Local Economy: Following broader shifts in agricultural automation and manufacturing declines, high-paying career options within city limits are sparse. Outside of agriculture, local school districts, healthcare clinics, and retail, most specialized careers require long commutes.

  • Extremely Limited Retail & Dining: Local shopping options are minimal, mostly consisting of local dollar stores, gas stations, and a few casual eateries. For broader shopping centers, major medical hubs, or entertainment, residents must travel to larger regional cities:

    • Dexter, MO: ~20 minutes north

    • Kennett, MO: ~25 minutes south

    • Poplar Bluff or Sikeston, MO: ~40–45 minutes away

    • Cape Girardeau, MO / Memphis, TN: ~1.5 to 2 hours away

  • Flat Topography & Flood Risks: The flat Delta terrain of the Bootheel region requires careful drainage management. Heavy rainfall during seasonal storms can cause localized ponding and drainage challenges in low-lying rural areas.

  • Hot, Humid Summers & Flying Insects: Summers in Southeast Missouri are long, hot, and muggy. Because the surrounding land is heavily farmed and irrigated (rice, cotton, soybeans), mosquito and flying insect activity during summer and autumn is significant.

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