Price Reduced Listing
Description
Adorable & Newly Remodeled Investment Opportunity in the Heart of Rolla!Check out this charming, newly remodeled investment property with two separate living spaces and plenty of potential! The main level features a spacious 2 bedroom, 1 bathroom apartment with a kitchen and living room, while the upstairs offers a cozy 1 bedroom, 1 bathroom studio apartment perfect for rental income, a guest space, or flexible living arrangements. This property has been updated with new vinyl flooring, windows, HVAC, heating, carpet, fresh paint, and so much more! The updates make this property move-in ready while providing an excellent opportunity for an investor looking for income potential. The possibilities don't stop there! The property also includes a full, unfinished basement that offers the potential to be converted into a third apartment, creating even more income producing possibilities. Situated on a corner lot in the heart of Rolla, this property also features a fenced in front yard and a detached garage, adding both convenience and extra value. Whether you're looking to expand your rental portfolio or searching for a property with income potential, this one is definitely worth a look! Come see all this property has to offer!
Details
| MLS # | 26055918 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1945 |
| Days On Site | 26 |
| Listing Provided By | Real Broker LLC | Katie Rask |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,300 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.15 |
Interior
| Rooms Total | 7 |
|---|---|
| Cooling | Central Air, Electric |
| Heating | Baseboard, Forced Air, Electric, Natural Gas |
| Interior Features | Kitchen/Dining Room Combo, Eat-in Kitchen |
| Appliances | Electric Water Heater, Gas Water Heater, Water Softener Rented |
Exterior
| Construction Materials | Vinyl Siding |
|---|---|
| Lot Features | Corner Lot |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Detached, Off Street |
Utilities
| Utilities | Cable Available, Electricity Connected, Phone Available, Water Connected |
|---|---|
| Electric | 220 Volts |
| Sewer | Public Sewer |
Taxes
| Property | 795 |
|---|
Area Information
| State | MO |
|---|---|
| County | Phelps |
| City | Rolla |
| Zip Code | 65401 |
| Area | Rolla |
| Community Name | James Addition |
| School District | Rolla Sr. High |
| Elementary School | Harry S. Truman Elem. |
| High School | Rolla Sr. High |
| Listing VS Median (in James Addition) | |
Price: $199,500 low | high Med: $199,500 sqft: 1,300 low | high Med: 1,300 $ / sqft: $153 low | high Med: $153 On site: 26 low | high Med: 26 | |
Market Activity 65401
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Listings courtesy of Maris MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of September 24, 2026 at 11:33:30 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
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Learn More About This Property
| State | MO |
|---|---|
| County | Phelps |
| City | Rolla |
| Zip Code | 65401 |
| Area | Rolla |
| Community Name | James Addition |
| School District | Rolla Sr. High |
| Elementary School | Harry S. Truman Elem. |
| High School | Rolla Sr. High |
| Listing VS Median (in James Addition) | |
Price: $199,500 low | high Med: $199,500 sqft: 1,300 low | high Med: 1,300 $ / sqft: $153 low | high Med: $153 On site: 26 low | high Med: 26 | |
 | $149,900200 E 1st StreetRolla, MO 65401 |
Listings courtesy of Maris MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
