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201 N Institute Street Richmond, MO $ 140,000
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$ 140,000 Get more info
201 N Institute Street
$ 140,000
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201 N Institute Street

Richmond, MO, 64085
$ 140,000
Bedrooms3 Baths1.0 Sq 1,200

Monthly Estimate*

$ 884

201 N Institute Street, Richmond, MO 64085 - Image 1

Single Family Home for sale in Richmond, MO

for $140,000 with 3 bedrooms and 1 full bath. This 1,200 square foot home was built in 1961 on a lot size of 0.155005.

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 can also be purchased as a package with 300 W. Hortense St., Orrick, MO (MLS #2640588). Purchase one property individually or take advantage of the opportunity to acquire both. 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.

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Single Family Active

Price

$ 140,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 920

Style

Lot Size

0.155005

Year Built

1961

Town/City

Richmond

County/Region

Ray

MLS | Web ID

2640636
Features
General
Living Area 1200
Sewer Public Sewer
Heating Forced Air
Cooling Electric
Roof Composition
HOA Fee 0
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 N
Subdivision Name Richmond
Garage Y/N Y
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 N
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Interior
Basement Crawl Space
Basement (Y/N) N
Air Conditioning Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1200
Half Baths 0
Laundry Features Laundry Room Off The Kitchen
Total Bedrooms 3
Below Grade Finished Area 0
Dining Area Features Formal
Floor Plan Features Ranch
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Exterior
Fencing Metal
Parking Features Attached
Water Source Public
Lot Size Area 6752
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* Excluded Features
List By
Mark Colombatto

Listing Agent

Lees Summit - Weichert, Realtors® - Generations

Broker

Affordability Calculator

$961
Per Month
92%
8%
0%
Monthly Principal & Interest
$884
Monthly Property Taxes
$77
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1841250 Elementary School
1842350 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/4/2026$140,000 Listed Price

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201 N Institute Street, Richmond, MO, 64085 is a Single Family Home for sale at $140,000 with 1,200 sqft and a lot size of 0.155005. 201 N Institute Street has 3 bedrooms, 1.0 baths, and was built in 1961. The property's zip code is 64085 which is in Richmond, MO

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