$900,000

Estimated payment $5,676/month

Total Views 218
Studio
-- Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

203 N Price Lane — 15-Unit Apartment Complex | Clinton, MO 64735 Investment-Grade Multifamily Opportunity — 12.51% Cap Rate Offered at $900,000 ($60,000/unit), 203 N Price Lane is a fully-renovated 15-unit apartment community in Clinton, Missouri, delivering an outstanding 12.51% cap rate on current gross potential income. This all-2BR asset generates $135,000 in annual gross potential rent against just $22,365.89 in operating expenses, producing $112,634 in net operating income — a rare combination of scale, condition, and yield in today's market. Property Highlights: 15 units, all 2-bedroom floor plans, each renting at $750/month Purchased last year with extensive capital improvements already completed 14 of 15 units have been fully renovated — new interior finishes throughout New exterior siding installed on the entire building, significantly reducing near-term capex and boosting curb appeal Strong, simple expense structure: real estate taxes, insurance, and maintenance only Note: Figures reflect 100% occupancy (gross potential rent) with no deduction for vacancy/credit loss, water/trash, or property management fees. Prepared for informational purposes only. Owner/Agent

Listing Agent

Gerad Wombles

EXP Realty LLC License #2015006156 Listed on: 09/10/2026

EXP Realty LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1979

Parking

  • Off-Street Parking

Additional Features

  • 1-Story Property
  • Lot Dimensions are 252x530

Community Details

  • No Home Owners Association
  • See S, T, R Subdivision

Property Details

Home Type

Apartment

Year Built

Built in 1979

Listing Details

  • Estimated Year Built: 1979
  • Class: Multifamily
  • Flood Plain: Unknown
  • Lvt Date: 09/10/2026
  • Style: 1 Story
  • Type: Apartment Bldg.
  • Bathrooms Per Unit: One
  • Parking Per Unit: One
  • Directions: In Clinton, take Price Lane to property just south of Benson Center.
  • Geo Address Line: 203 Price Ln
  • Geo Longitude: -93.75943529
  • Geo Primary City: Clinton
  • Geo Quality: 1
  • Geo Subdivision: MO
  • OFFICELIST_STATE: MO
  • FILLSUBDIVISION: See S, T, R
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1979

Garage/Parking

  • Parking: Off Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Lot Size: 252x530
  • Number Of Acres Source: Estimate

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/10/2026 09/10/26 For Sale $900,000 -- --
Source: West Central Association of REALTORS® (MO)

Source: West Central Association of REALTORS® (MO)

MLS Number: 104125

West Central Association of REALTORS® (MO)
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