About 201 N Institute Street
Turnkey rental opportunity with an established long-term tenant already in place. The property currently produces $13,800 in gross annual rents, making it an attractive option for an investor looking for an occupied property with existing rental history. For buyers looking to expand their holdings in the area, this property is being sold with 300 W. Hortense St., Orrick, MO (MLS #2640588). Tenant occupied. Please do not disturb the tenant. A minimum of 24 hours' notice is required to obtain tenant approval for all showings. Lease and additional rental information are available upon request.
Features of 201 N Institute Street
| MLS® # | 2640636 |
|---|---|
| Price | $140,000 |
| Bedrooms | 3 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,200 |
| Year Built | 1961 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 201 N Institute Street |
|---|---|
| Area | 108 - Richmond City Limits |
| Subdivision | Richmond |
| City | Richmond |
| County | Ray |
| State | MO |
| Zip Code | 64085 |
Amenities
| Parking | Attached |
|---|---|
| # of Garages | 1 |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Electric |
| Fireplace | No |
| Has Basement | No |
| Basement | Crawl Space |
Exterior
| Roof | Composition |
|---|---|
| Construction | Frame, Vinyl Siding |
School Information
| District | Richmond |
|---|
Additional Information
| Date Listed | September 3rd, 2026 |
|---|---|
| HOA Fees Freq. | None |
