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Two-Story Duplex with Recent Repairs
For Sale
$189,000

305 W Main Street, Richmond, MO 64085

Two apartments with separate electrical updates, a newer sewer connection, and refreshed exterior components.

Property SizeContact for details
Days on Market29

Property Features for 305 W Main Street

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,642

Building Details

Year Built 1910
Buildings 1
Stories 2
Units 2
Listing Agency: Community Realty
Listed By: Chastidy Loftin
Source: Community-realty
Added: Aug 3 Changed: Aug 31 Last Checked: Aug 31 at 12:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Community Realty

Investment Insights

Based on property information with market context.

This two-story duplex at 305 W Main Street in Richmond, Missouri, was built in 1910 and contains two separate apartments. Each unit offers 2 bedrooms and 1 bathroom. The upper apartment has been rewired, while the lower apartment received electrical rewiring earlier. A new deck extends from the downstairs kitchen, and the property also has new stairs.

Recent work includes replacement of the sewer line from the house to the street in 2025, along with $18,000 in new stairs completed that year. In 2024, the flat portion of the roof was repaired, damaged shingles were replaced, and siding was replaced on the south and west sides of the home. The property is located in Richmond, MO 64085.

Key Highlights

  • Two‑story duplex with two 2‑bedroom, 1‑bath apartments
  • New sewer from house to street completed in 2025
  • New stairs installed in 2025 at a cost of $18,000

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Hair Salon Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

296
Businesses Nearby

Demographics for 64085, MO

8,841
Population
3,701
Households
2.4
Avg Household Size
42
Median Age
15%
College-Educated
90%
High-School Grad
160.4 sq mi
ZIP Area
55
Density / Sq Mi
$65,525
Median Household Income
$43,402
Median Earnings
$752
Median Rent
$163,700
Median Home Value

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?
Duplex - Two apartments with separate electrical updates, a newer sewer connection, and refreshed exterior components.
Where is this duplex located?
The property is located at 305 W Main Street Richmond, MO.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Two‑story duplex with two 2‑bedroom, 1‑bath apartments; New sewer from house to street completed in 2025; New stairs installed in 2025 at a cost of $18,000
More about this property
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