300 RIPLEY ST, Columbia, MO 65201

$340,000
: 4
BD
: 3
BA
: 2,232
SqFt

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List Price: $340,000
Status: ACTIVE
Days on Market: 1
MLS#: 437400
Subtype: Residential
Style: Traditional
Bedrooms: 4
Bathrooms: 3
Full Baths: 3
Living Area: 2,232
Subdivision: Stephens First Addition
Neighborhood: Central
MLS Area Major: Central

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Property Description

TURN-KEY EAST CAMPUS INVESTMENT OPPORTUNITY! Location, income, and flexibility come together in this established rental property ideally positioned in Columbia's highly desirable East Campus area. Just minutes from Mizzou, Columbia College, Stephens College, downtown Columbia, The District, major hospital systems, dining, shopping, and entertainment, this property puts tenants close to many of the destinations that make this location so appealing. Currently generating $2,800 per month in rental income, this property offers investors the opportunity to acquire an income-producing asset with a rental setup already in place. The main level features 4 spacious bedrooms and 2 full bathrooms, providing a functional layout for shared living. Upstairs, a private loft with its own separate exterior entrance, full kitchenette, and full bathroom creates additional versatility and potential for the property. Another major advantage: a brand-new roof was installed in February 2026, taking a significant recent capital improvement off the next owner's list. With $2,800 in current monthly rental income, a newer roof, flexible living spaces, and an exceptional East Campus location, this property offers a compelling opportunity for investors looking to add a Columbia income-producing property to their portfolio. Prime location. Established income. Investment potential. Schedule your showing and see everything this East Campus property has to offer!

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Additional Information

Taxes: $1,391
Property Description: Traditional
Zoning: Multi-Family Res
Flooring: Carpet, Vinyl
Appliances: Gas Cooktop, Dishwasher, Microwave, Refrigerator, Oven
Heating: Forced Air, Natural Gas
Air Conditioning: Window Unit(s)
Roof: Architectural Shingle
Parking Features: None, Unpaved, Driveway
School District: Columbia
Elementary School: Benton
Middle School: Jefferson
High School: Hickman