300 RIPLEY ST, Columbia, MO 65201

$359,900

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List Price
$359,900
Status
ACTIVE
Days on Market
61
Price Change
▼ $39,100 1788546297
MLS#
435890
Subtype
Residential Income
Subdivision
Stephens First Addition
Neighborhood
Central
MLS Area Major
Central

Property Description

EAST CAMPUS INVESTMENT INCOME PROPERTY! Don't miss this rare turnkey investment opportunity in one of Columbia's most sought-after locations! Located just minutes from Mizzou, Columbia College, Stephens College, both major hospital systems, downtown dining, shopping, and The District, this property offers a highly desirable East Campus location with convenient access to everything Columbia has to offer. Currently generating $2,800 per month in rental income, this established income-producing offers an incredible opportunity for investors looking for a turnkey rental in a prime Columbia location. The main level features 4 spacious bedrooms and 2 full bathrooms for effortless shared living. But the real showstopper? A private upstairs loft with its own separate outdoor entrance, full kitchenette, and full bathroom, creating additional flexibility and income-producing potential. The owner currently pays water, electric, trash, and gas. Plus, a brand-new roof was installed at the end of February 2026--providing major peace of mind and taking a significant capital expense off the table for the next owner! With $2,800 in current monthly rental income, a turnkey setup, recent capital improvements, and a prime East Campus location, this is an investment opportunity you won't want to miss. Buyers and investors--properties like this in this location don't come along often. Schedule your showing today!

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

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Calculator source: Real Geeks

Courtesy of North Star Real Estate