Anstine Realty
Listed by Anstine Realty
$79,500
305 E Jefferson
Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 3
Year Built 1900
Buildings 1
Acreage 0.139
Parking Spaces 1 spaces
Multifamily | 3 Units
Marketing description
A rare opportunity to acquire a well-maintained 3-plex in the heart of Clinton, Missouri. 305 E Jefferson Street offers investors immediate cash flow backed by a proven rental history and consistently strong revenues. Ideally situated just steps from Clinton's historic downtown square, this income-producing property benefits from stable tenant demand and convenient access to local businesses, services, and amenities throughout Henry County. Property overview A rare opportunity to acquire a fully occupied, cash-flowing 3-plex in the heart of Clinton, Missouri — priced at just $89,500. All three studio apartments are currently leased at $525/month, generating $1,575 in monthly gross revenue and $18,900 annually. With a gross rent multiplier of 4.73x, this property offers an exceptionally attractive entry price relative to income for investors seeking immediate returns in an affordable Missouri market. Key investment highlights 100% occupied — all three units leased and generating income from day one Low acquisition cost — $89,500 price point delivers strong income relative to purchase price $18,900 gross annual revenue — proven rent roll with consistent occupancy history Uniform unit mix — three identical studios simplifying management and maintenance Prime Clinton location — walkable to downtown square, employers, and everyday services
Listing Contacts
Anstine Realty
Listed by Anstine Realty
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