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Don't miss this incredible opportunity! Featuring a new roof installed in April 2026, this two-story home sits on a prime corner lot just minutes from Missouri University of Science and Technology and is packed with income potential. Previously used as a rental property with separate upstairs and downstairs entrances, the layout offers exciting possibilities for reconfiguration into multiple units"”potentially two downstairs units and one upstairs"”to maximize rental income. One 2-bedroom, 1-bath unit is move-in ready, while the other potential unit(s) will require some work before occupancy. The upstairs also features a newly built rear entrance, allowing for separation between the upstairs and downstairs living spaces from the front entry. Yes, the property needs some repairs, but the space, location, and potential make it a standout value. Whether you're an investor or a buyer looking to offset your mortgage with rental income, this property is full of promise. The property will be cleaned out prior to closing and is being sold as-is.
| DAYS ON MARKET | 5 | LAST UPDATED | 5/15/2026 |
|---|---|---|---|
| TRACT | Original Town | YEAR BUILT | 1941 |
| COMMUNITY | 1 - Downtown | GARAGE SPACES | 1.0 |
| COUNTY | Phelps | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Mark Twain Elem. |
|---|---|
| Jr. High School | Rolla Middle |
| High School | Rolla Sr. High |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Free-Standing Electric Range, Refrigerator |
| AREA | 1 - Downtown |
| BASEMENT | Concrete, Yes |
| CONSTRUCTION | Vinyl Siding |
| GARAGE | Yes |
| HEAT | Electric |
| INTERIOR | Ceiling Fan(s) |
| LOT | 6534 sq ft |
| LOT DESCRIPTION | Corner Lot |
| PARKING | Basement, Concrete, Driveway |
| STYLE | Traditional |
| SUBDIVISION | Original Town |
| TAXES | 619 |
| UTILITIES | Electricity Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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