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Renovated 15-Unit Apartment Building
New
For Sale
$900,000

203 N Price Lane, Clinton, MO 64735

MULTIFAMILY, 1 Story, Clinton, MO

Property SizeContact for details
Days on Market2

Property Features for 203 N Price Lane

General Information

Property type Residential Multi Family
Property subtype Apartment
Subdivision See S, T, R
Directions In Clinton, take Price Lane to property just south of Benson Center.
Standard status Active

Taxes and HOA fees

Tax Annual Amount 6366

Building Details

Year built 1979
Floors in Building 1
Architectural style Other
Listing Agency: EXP Realty LLC
Listed By: Gerad Wombles · License #2015006156
Added: Sep 10 Last Checked: Sep 11 at 5:06PM
MLS# 104125

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.

Investment Insights

Based on property information with market context.

This 15-unit apartment building in Clinton, Missouri, offers an all-two-bedroom unit mix within a single-story property built in 1979. Fourteen of the 15 apartments have received full renovations, including updated interior finishes, while new exterior siding has been installed throughout the building.

Located at 203 N Price Lane, the property is presented with a 12.51% cap rate based on current gross potential income. The operating structure is described as consisting of real estate taxes, insurance, and maintenance, with figures based on 100% occupancy and excluding vacancy or credit loss, water, trash, and property management fees.

Key Highlights

  • 15‑unit apartment complex with an all‑two‑bedroom floor plan mix
  • 14 of 15 units fully renovated with new interior finishes
  • New exterior siding installed across the entire building

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Parking Lot & Garage Electrical Service HVAC Service Storage Facility Hair Salon

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

15
Residential units

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby

Demographics for 64735, MO

13,450
Population
6,620
Households
2
Avg Household Size
46
Median Age
17%
College-Educated
91%
High-School Grad
262.8 sq mi
ZIP Area
51
Density / Sq Mi
$57,782
Median Household Income
$34,198
Median Earnings
$727
Median Rent
$165,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - All two-bedroom layouts with extensive interior updates and new exterior siding across the building.
Where is this apartment building located?
The property is located at 203 N Price Lane Clinton, MO.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 15‑unit apartment complex with an all‑two‑bedroom floor plan mix; 14 of 15 units fully renovated with new interior finishes; New exterior siding installed across the entire building
More about this property
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