Milan Real Estate

Milan: A Hidden Gem in Sullivan County, Missouri

Nestled in the heart of Sullivan County, Missouri, lies the charming city of Milan. Known for its scenic beauty, friendly community, and affordable real estate options, Milan is a hidden gem that offers a high quality of life for its residents.

Milan boasts a rich history and a vibrant culture. The city is home to several historical landmarks, including the Sullivan County Courthouse and the Milan C-2 School, which has been serving the community for over a century. Milan also hosts various events and festivals throughout the year, showcasing the local talent and fostering a strong sense of community spirit.

Nature enthusiasts will find plenty to explore in Milan. The city is surrounded by picturesque landscapes, with rolling hills, lush forests, and sparkling lakes. Outdoor activities such as hiking, fishing, and camping are popular among residents and visitors alike. The nearby Locust Creek Conservation Area offers opportunities for hunting and wildlife observation.

One of the biggest draws of Milan is its affordable real estate market. Whether you're looking for a cozy single-family home or a spacious rural property, Milan has options to suit every budget and lifestyle. The cost of living in Milan is also lower than the national average, making it an attractive destination for those seeking a peaceful and affordable place to call home.

With its small-town charm, natural beauty, and affordable real estate, Milan is a city that truly has it all. Whether you're looking to settle down or invest in property, Milan is a fantastic choice that offers a high quality of life in the heart of Sullivan County, Missouri.

Newest Listings in Milan

$95,000

2 Beds ⋅ 1 Baths

Move-in ready 2-bedroom, 1-bath ranch offering modern updates and incredible value! Approximately 5-6 years ago, this home underwent an extensive renovation, with major updates throughout, giving it the feel of a much newer home. The bright kitchen features modern cabinetry, stainless steel appliances, and ample storage, while the dedicated laundry room addition adds everyday convenience. Fresh finishes, updated flooring, recessed lighting, and an inviting layout make this home truly move-in ready. Outside, enjoy the freshly painted brick exterior, a welcoming covered front porch, and a 12’ x 8’ brick storage shed that provides plenty of additional storage. Conveniently located just 2 minutes from the local school, this home offers easy access to everyday essentials while maintaining its neighborhood charm. Whether you’re a first-time buyer, downsizing, or looking to add a turnkey rental to your portfolio, this affordable home is one you won’t want to miss.

121 S Water Street, Milan

Listing courtesy of Eric Craig Team of ReeceNichols-KCN.

$1,167,140

This highly productive 174.2± acre farm in Sullivan County offers a strong investment opportunity with consistent income and quality soils. Located in the desirable Yellow Creek bottoms just 6 miles east of Milan, this property features excellent access only 1/2 mile off Highway P, making it easy to operate year-round. The farm includes 147.78 FSA tillable acres, with 131.83 acres currently in row crop production under a solid 3-year cash rent contract paying $250 per acre annually, providing dependable annual income. Additionally, 15.95 acres are enrolled in CRP, generating $1,510 per year and adding diversity to the income stream. The combination of reliable farm income and conservation payments provides steady and predictable returns for investors. Recreational value is another key highlight, with a hunting lease in place producing $5,000 annually. The area is well known for a high population density of whitetail deer and turkey, making it a highly desirable hunting location. Yellow Creek serves as a natural travel corridor for mature whitetail, offering excellent opportunities for consistent deer movement. The mix of cropland and CRP further enhances habitat for both deer and turkey alike. At the asking price, this farm delivers an approximate 3.38% ROI, making it an attractive addition to any investment portfolio. Whether you are looking to expand your farming operation, secure a stable income-producing asset, or own a versatile recreational property, this tract checks all the boxes. Don’t miss this opportunity to own premium bottom ground in a proven agricultural area with excellent access and income already in place.

Owen Road, Milan

Listing courtesy of Troy Toedebusch of Missouri Land and Farm LLC.

$425,000

25240 Hwy T Highway, Milan

Listing courtesy of Jeffrey Quinn of Missouri Land and Farm LLC.

$192,000

3 Beds ⋅ 3 Baths

This 7± acre property in Sullivan County, Missouri, presents an excellent opportunity for both recreational use and potential income. The turnkey hunting lodge features a fully furnished 3-bedroom, 3-bath cabin that comfortably sleeps 6–8, making it ideal for personal use or as a short-term rental targeting outdoor enthusiasts. The property includes a 1 ± acre pond and is located in a highly regarded hunting area, offering strong appeal for those seeking a reliable basecamp. With manageable acreage and quality improvements already in place, this property requires minimal upfront investment to begin enjoying or generating returns. A metal-sided shop provides valuable storage space for equipment and gear, while the property’s location near State Route 6 ensures easy access. Just five miles from Milan, you’ll benefit from nearby amenities without sacrificing the quiet, rural setting. Whether you're expanding your portfolio or searching for a ready-to-use getaway, this property delivers immediate value.

0000 Duncan Drive, Milan

Listing courtesy of Jordan Babb of Midwest Land Group.

$114,900

3 Beds ⋅ 2 Baths

Sprawling all brick ranch that actually lives as big as it looks. The open floor plan is filled with natural light, giving the whole home that bright, easy, “I could breathe in here” kind of feel. You’ve got a large living room that flows right into a formal dining space, perfect for hosting or pretending you host, and an eat in kitchen that opens to a sunroom you will never want to leave. Morning coffee, afternoon naps, hiding from your responsibilities… it is all fair game there. The primary suite does not disappoint either, with a double vanity, separate shower, and a jacuzzi tub that is just begging for a glass of wine and zero interruptions. Downstairs, the finished basement adds even more living space, complete with a full bath, ideal for guests, teens, or that “I need my own space” phase of life. Sitting on a large lot with a side entry 2 car garage, this one checks the boxes and gives you room to actually enjoy it. This Property may also be marketed via an auction event at http://www.hubzu.com (void where prohibited). The Seller Will review offers submitted through the auction site as well as through the listing agent.

23790 Lujuan Drive, Milan

Listing courtesy of Rice Real Estate Group Inc. of Keller Williams Platinum Prtnr.

$168,000

Beautiful 24.8 acres overlooking Lake 41, offering rolling terrain and mature trees. This is an ideal setting for your dream home or private hunting retreat. Abundant wildlife makes this property a true haven for outdoor enthusiasts, and you can enjoy fishing right on the lake. Take in the stunning views of the water, as well as the country club and 9-hole golf course just across the lake. Seller makes no disclosures and is selling the home and outbuilding on the property in its present “as-is” condition. Buyer to verify all property details.

53930 E 3rd Street, Milan

Listing courtesy of Eric Craig Team of ReeceNichols-KCN.

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