204 N Olive ST Active Save Request In-Person Tour Request Virtual Tour
Rolla,MO 65401
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,280 sqft
Price per Sqft $79
Subdivision James Add
MLS Listing ID 25067286
Style Traditional
Year Built 1900
Annual Tax Amount $876
Lot Size 7,405 Sqft
Property Sub-Type 2-4 Units
Property Description
Investment Opportunity! Bringing in $2150 monthly, this income-generating property features three separate rental units, all currently leased and producing steady revenue. Located in the heart of Rolla, this prime location offers convenient access to downtown amenities, shopping, dining, and the university—making it highly attractive to tenants.
Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a low-maintenance rental opportunity, this property offers solid returns and long-term potential. With all units currently occupied, you can start earning rental income from day one.
Don't miss out on this chance to own a multi-unit property in one of Rolla's most desirable and centrally located neighborhoods!
Location
State MO
County Phelps
Area 796 - Rolla
Interior
Heating Electric,Forced Air,Space Heater
Cooling Central Air,Electric,Multi Units,Wall/Window Unit(s)
Flooring Carpet,Ceramic Tile,Laminate
Exterior
View Y/N No
Building
Lot Description Back Yard
Story 2
Water Public
Structure Type Asbestos
Schools
Elementary Schools Mark Twain Elem.
Middle Schools Rolla Middle
High Schools Rolla Sr. High
School District Rolla 31
Others
Acceptable Financing Cash,Conventional,FHA,USDA
Listing Terms Cash,Conventional,FHA,USDA
Special Listing Condition Standard