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Residential Income Property with Highway Frontage
For Sale
$625,000

103 S Bishop, Rolla, MO 65401

Commercial Sale, Rolla, MO

Property SizeContact for details
Lot Size0.45 Acres
Days on Market79

Property Features for 103 S Bishop

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Cowans Addition
Directions On Bishop between Sonic and Zanes. Go east on Black Street, right on Faulkner, back of property on right.
Standard status Active
APN 71-09-1.0-11-003-001-005-000
Lot size 0.45 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2516

Utilities

Utilities Cable Available
Water source Public

Building Details

Year built 2008
Listing Agency: Century 21 First Choice-Rolla · Century 21 Real Estate
Listed By: Jan Parsons
Added: Jun 5 Changed: Aug 19 Last Checked: Aug 22 at 4:06PM
MLS# 25039415

Copyright © 2026 South Central Board of Realtors-MO. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential income property in Rolla, MO includes two rental houses on a lot just under half an acre. One of the homes is currently rented on a month-to-month basis for $460 per month, providing immediate occupancy. The property offers 120 feet of frontage on Highway 63 (Bishop Ave.), making it well suited for visibility from a major roadway.

The address is 103 S Bishop, Rolla, MO 65401. The site sits next door to Sonic and is located just a block from the Highway 63 and Highway 72 intersection, placing it in a convenient, easily accessed area with prominent highway access.

For investors and buyers looking for a straightforward rental setup with established frontage, this offering combines two homes with meaningful Highway 63 exposure.

Key Highlights

  • 120 ft of frontage on Highway 63 (Bishop Ave.)
  • Just under 0.5‑acre lot with 2 rental houses
  • One house is rented month‑to‑month for $460 per month

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Real Estate Agency Cafe & Coffee Shop Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,015
Businesses Nearby

Demographics for 65401, MO

32,310
Population
14,395
Households
2.2
Avg Household Size
33
Median Age
36%
College-Educated
93%
High-School Grad
258.6 sq mi
ZIP Area
125
Density / Sq Mi
$52,768
Median Household Income
$31,465
Median Earnings
$796
Median Rent
$206,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Single family property - Includes two rental houses on just under half an acre with 120 feet of Highway 63 frontage.
Where is this single family property located?
The property is located at 103 S Bishop Rolla, MO.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 120 ft of frontage on Highway 63 (Bishop Ave.); Just under 0.5‑acre lot with 2 rental houses; One house is rented month‑to‑month for $460 per month
More about this property
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