304 19Th StRolla, MO 65401

For Sale
$699,000

Eight Units Near MST Campus

Overview

Added:
Feb 3
Days on market:
39
This exceptional 8-unit multifamily property presents a compelling investment opportunity in Rolla, Missouri. Located at 304 E 19th Street, this 0.34-acre property enjoys a highly desirable location, situated directly behind a Starbucks and Lee's Chicken, offering immediate proximity to both the Missouri University of Science and Technology (MST) campus and the vibrant business loop. The strategic positioning ensures strong rental demand and significant potential for future appreciation. The property currently consists of eight individual units, each featuring a one-bedroom, one-bathroom layout. Each unit is equipped with an electric heating stove and refrigerator, providing essential amenities for tenants. The existing structure offers immediate rental income, while the prime location and surrounding development present significant opportunities for future redevelopment and value enhancement. This property is an ideal investment for those seeking a stable income stream with considerable upside potential in a rapidly growing area. The combination of a strong location, existing rental income, and redevelopment possibilities makes this a rare and attractive investment opportunity. Don't miss the chance to secure this prime property. The asking price is $699,000.

Property Details for 304 19Th St

Property type
Residential income properties, Multifamily properties
Year Built
1948
Lot Size (sq. ft)
14,810 SF

Location Insight

City
Rolla
County
Phelps
State
Missouri
Latitude
37.95928
Longitude
-91.76686
304 19Th St, Rolla, Missouri

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304 19Th St
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