300 RIPLEY ST, Columbia, MO 65201

$340,000

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List Price
$340,000
Status
ACTIVE
Days on Market
2
MLS#
437401
Subtype
Residential Income
Subdivision
Stephens First Addition
Neighborhood
Central
MLS Area Major
Central

Property Description

TURN-KEY INVESTMENT OPPORTUNITY NEAR EAST CAMPUS! Location, income, and flexibility come together in this established rental property ideally positioned near 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 separa 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!

Additional Information

Taxes
$1,391
Appliances
Disposal, Microwave, Refrigerator, Gas Range, Oven
Air Conditioning
Two/more window unit
Roof
Architectural Shingle
School District
Columbia
Elementary School
Benton
Middle School
Jefferson
High School
Hickman

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of North Star Real Estate.