About This Home

This 0-bedroom, 0-bathroom multi-family at 203 N Price Lane in Clinton, MO is listed for $900,000. Built in 1979, on a N/A lot.

Key Features

  • Built in 1979

Property Details

1 story
1979
Listing Description

203 N Price Lane - 15-Unit Apartment Complex | Clinton, MO 64735 Investment-Grade Multifamily Opportunity - 12.51% Cap Rate Offered at $900,000 ($60,000/unit), 203 N Price Lane is a fully-renovated 15-unit apartment community in Clinton, Missouri, delivering an outstanding 12.51% cap rate on current gross potential income.

This all-2BR asset generates $135,000 in annual gross potential rent against just $22,365.89 in operating expenses, producing $112,634 in net operating income - a rare combination of scale, condition, and yield in today's market. Property Highlights: 15 units, all 2-bedroom floor plans, each renting at $750/month Purchased last year with extensive

capital improvements already completed 14 of 15 units have been fully renovated - new interior finishes throughout New exterior siding installed on the entire building, significantly reducing near-term capex and boosting curb appeal Strong, simple expense structure: real estate taxes, insurance, and maintenance only Note: Figures reflect 100% occupancy (gross potential rent) with no deduction for vacancy/credit loss, water/trash, or property management fees. Prepared for informational purposes only. Owner/Agent

Monthly Cost Estimate

$4,813/mo

20% down · 6.5% · 30 years

Principal$651
Interest$3,900
Insurance$263

Estimates only. Actual payments may vary.

Location

203 N Price Lane

Clinton, MO 64735

See S, T, R

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 203 N Price Lane is listed at $900,000. The estimated monthly payment is $4,814 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1979.

This property is listed by Gerad Wombles.

GW

Gerad Wombles

Agent at eXp Realty LLC

Listed by eXp Realty LLC · Broker phone: (816) 982-5990 · View on Broker Site · Broker website

MLS# 104125· Source: West Central Association of REALTORS®· 49 days on PropertySimple

Copyright © 2026 West Central Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

203 N Price Lane, Clinton, MO 64735

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