$182,000
PENDING

204 N Olive St Rolla, MO 65401

Estimated payment $1,031/month

Total Views 5,657
-- Bed
-- Bath
2,280 Sq Ft
$80 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Front Porch
  • Ceramic Tile Flooring
  • No HOA
  • Multiple cooling system units
  • Forced Air Heating and Cooling System

About This Home

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!

Listing Agent

Tasha Black

EXP Realty LLC License #2018037759 Listed on: 10/03/2025

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $876

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Back Yard

Home Design

  • Traditional Architecture
  • Asbestos

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property
  • Electric Range

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Outdoor Features

  • Front Porch

Schools

  • Mark Twain Elem. Elementary School
  • Rolla Middle School
  • Rolla Sr. High School

Utilities

  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Space Heater

Listing and Financial Details

  • Assessor Parcel Number 71-09-1.0-11-001-075-004.000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$876

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1900
  • Property Sub-Type: 2-4 Units
  • ResoLotFeatures: Back Yard
  • Lot Size Acres: 0.17
  • Co List Office Phone: 573-451-2020
  • MLS Status: Pending
  • Subdivision Name: James Add
  • Above Grade Finished Sq Ft: 2280
  • Architectural Style: Traditional
  • Carport Y N: No
  • Unit Levels: Two
  • New Construction: No
  • MIS_AboveGradeFinishedAreaSrchSqFt: 2280.00
  • PreviousStatus: Active
  • MIS_SellerConsiderConcessionYN: 1
  • MIS_UnitCount: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Basement YN: No
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate

Exterior Features

  • Disclosures: Flood Plain No, No Other Known Restrictions
  • Construction Type: Asbestos
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Central Air, Electric, Multi Units, Wall/Window Unit(s)
  • Heating: Electric, Forced Air, Space Heater
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Mark Twain Elem.
  • Junior High Dist: Rolla 31
  • High School: Rolla Sr. High
  • Middle Or Junior School: Rolla Middle

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel Number: 71-09-1.0-11-001-075-004.000

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 876

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Units Leased: 3

Map

Range of Values:

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Value Increase
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Percent Increase
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2025 11/17/25 Pending -- -- --
10/03/2025 10/03/25 For Sale $182,000 +30.1% $80 / Sq Ft
11/15/2021 11/15/21 Sold -- -- -- View Prior Sale
09/14/2021 09/14/21 For Sale $139,900 0.0% $61 / Sq Ft
09/01/2021 09/01/21 Off Market -- -- --
03/06/2020 03/06/20 Price Changed $139,900 -6.7% $61 / Sq Ft
09/09/2019 09/09/19 For Sale $149,900 -- $66 / Sq Ft
Source: MARIS MLS

Source: MARIS MLS

MLS Number: MIS25067286

MARIS MLS

APN: 71-09-1.0-11-001-075-004.00