Listed By:
Weichert Realtors - Generations
Address
201 N Institute Street, Richmond, MO
Price
$ 140,000
Property Attributes
  • MLS#2640636
  • TypeSingle Family
  • Listing Status Active
  • CountyRAY
  • CityRichmond
  • Area108 - Richmond City Limits
  • NeighborhoodRichmond
  • Zip64085
  • Style
  • Year Built1961
  • Taxes$ 920
  • Price$ 140,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1200
  • Lot Size0.155005 Acres
Data Source:
Heartland MLS (HMLS)
Property Description

Turnkey rental opportunity with an established long-term tenant already in place. The property currently produces $13,800 in gross annual rents, making it an attractive option for an investor looking for an occupied property with existing rental history. For buyers looking to expand their holdings in the area, this property is being sold with 300 W. Hortense St., Orrick, MO (MLS #2640588). Tenant occupied. Please do not disturb the tenant. A minimum of 24 hours' notice is required to obtain tenant approval for all showings. Lease and additional rental information are available upon request.

Price History
9/4/2026 Listed $140,000

General Features

Living Area 1200
Sewer Public Sewer
Heating Forced Air
Cooling Electric
Roof Composition
Garage Spaces 1
Construction Materials Frame,Vinyl Siding
Year Built 1961
Property Subtype Single Family Residence
Ownership Private
Assoc Fee Paid Per None
County Ray
Property Type Residential
HOA No
Subdivision Name Richmond
Garage Y/N Yes
Full Baths 1
Status Active
Directions From Courthouse. Proceed E on Bus 10 until Spartan Drive (13 Hwy) Cross over 13 and Proceed to N Institute. Turn left on N Institute and proceed to home on right
City Richmond
High School District Richmond
MLS Area 108 - Richmond City Limits
Lot Size Units Square Feet
Lot Size Square Feet 6752
Listing Terms Cash,Conventional,FHA,VA Loan
Public Remarks Turnkey rental opportunity with an established long-term tenant already in place. The property currently produces $13,800 in gross annual rents,making it an attractive option for an investor looking
Standard Status Active
In Flood Plain No
HMS_MaintenanceProvidedYN No

Interior Features

Basement Crawl Space
Basement (Y/N) No
Air Conditioning Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 1200
Laundry Features Laundry Room,Off The Kitchen
Total Bedrooms 3
Dining Area Features Formal
Floor Plan Features Ranch

Exterior Features

Fencing Metal
Parking Features Attached
Water Source Public
Lot Size Area 6752

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 64085

Price
AVG $360K
$140K
Taxes
AVG $1,998
$920
Year Built
AVG 1963
1961
Visits
AVG 57
13
Data Provided by Inside Real Estate®