# 203 N Price Lane, Clinton, MO 64735

> **TL;DR:** multi-family, $900,000, built 1979. Est. $4,814/mo. Listed 50 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $900,000 |
| Year Built | 1979 |
| Stories | 1 |
| Property Type | Multi-Family (Apartment) |
| Status | Active |
| Days on Market | 50 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,551 |
| Estimated Insurance | $263 |
| **Total** | **$4,814** |

## Property Highlights

- Built in 1979

## Description

### Agent 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

## Location

- **Address:** 203 N Price Lane, Clinton, MO 64735
- **County:** HENRY
- **Neighborhood:** See S, T, R
- **Coordinates:** 38.37242789, -93.75943529
- **Google Maps:** https://www.google.com/maps?q=38.37242789,-93.75943529

## Listing Agent

- **Name:** Gerad Wombles
- **Brokerage:** eXp Realty LLC
- **Broker Phone:** (816) 982-5990
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/203-Price-Ln_Clinton_MO_64735_M81841-94326?f=listhub&s=SEDWAR&m=104125&c=propsimple)

## Photos

![203 N Price Lane - Photo 1](http://lh.rdcpix.com/d5dbfe4a93e976e4e004197888f68beel-f519872365r.jpg)

![203 N Price Lane - Photo 2](http://lh.rdcpix.com/d5dbfe4a93e976e4e004197888f68beel-f2120454924r.jpg)

![203 N Price Lane - Photo 3](http://lh.rdcpix.com/d5dbfe4a93e976e4e004197888f68beel-f3414097856r.jpg)

![203 N Price Lane - Photo 4](http://lh.rdcpix.com/d5dbfe4a93e976e4e004197888f68beel-f3335744646r.jpg)

![203 N Price Lane - Photo 5](http://lh.rdcpix.com/d5dbfe4a93e976e4e004197888f68beel-f3222444947r.jpg)

![203 N Price Lane - Photo 6](http://lh.rdcpix.com/d5dbfe4a93e976e4e004197888f68beel-f3787951678r.jpg)

![203 N Price Lane - Photo 7](http://lh.rdcpix.com/d5dbfe4a93e976e4e004197888f68beel-f1207913594r.jpg)

![203 N Price Lane - Photo 8](http://lh.rdcpix.com/d5dbfe4a93e976e4e004197888f68beel-f2164637963r.jpg)

![203 N Price Lane - Photo 9](http://lh.rdcpix.com/d5dbfe4a93e976e4e004197888f68beel-f370458627r.jpg)

![203 N Price Lane - Photo 10](http://lh.rdcpix.com/d5dbfe4a93e976e4e004197888f68beel-f4244614789r.jpg)

---

**MLS#:** 104125 | **Updated:** 2026-10-20
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/203-n-price-lane-clinton-mo-64735-c8bab9d56c2f4b7aaa457a8903aa6de2)

---

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