new - 1 day on rocket

1409 University Ave, Columbia, MO, 65201

$700,000

Home List Price

$8,313*

Closing Credit

0 Baths
Multi

Location

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1409 University Ave, Columbia$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
HeatingElectric, Baseboard
CoolingWall/Window Unit(s)
BasementYes
MLS #424370
StatusActive

About 1409 University Ave

Unigue opportunity to own a 6 plex in east campus. Always has been very easy to rent out. Current rents are $4400, but market rents are at least $5000. Landlord pays water, sewer and trash, last year $1967, and gas, last year $692. Washer and dryer income is approx $480 per year. Parking for 6 vehicles on the property. All units are currently leased. This was originally built by Stephens College as an auxiliary dorm. Approx. 5000 sq ft for the whole building. Roof approx. 5 years old. Most all appliances are less than 5 yrs old. Showings and Open House will be on Saturday, Jan 11, 2-4pm, and on Wednesday, Jan 15, 2-4pm. Showings only during these times. Offers considered after Jan 15th.

Property Details

Property Features

Listing Office:

  • Office Name: Century 21 Community
  • Office Phone: (573) 777-5555
  • Listing Agent: Paul Bunch

Interior Features

Interior Information:

  • Appliances: Oven/Range, Refrigerator
  • Basement: Yes

Utilities

Utilities Information:

  • Heating: Electric, Baseboard
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: East on University from College.

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000

Tax Information:

  • Annual Amount: $1,705
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Columbia, MO.

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Columbia, MO

City

Med. Sold Price

$315K

Med. Price/SqFt

$169

Avg. Days On Market

29

# of Sold Homes

123

1409 University Ave vs Columbia

1 DAY ON ROCKET

-28 Days

$700,000

+$385K More

KEY TAKEAWAY

This property is $385K more than the Median Sold Price in Columbia, MO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Columbia Board of REALTORS®
  • MLS Number: #424370

Listing Office:

  • Office Name: Century 21 Community
  • Office Phone: (573) 777-5555
  • Listing Agent: Paul Bunch

IDX Listing information comes in part from the Internet Data Exchange (IDX) of the Columbia Board of REALTORS ® or its Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non - commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2025 Columbia Board of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/9/2025, 2:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,705$25,840
2020$1,705$23,926
2019$1,589$23,926
2018$1,590$22,154
2017$1,571$22,154

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1559181
5
/10

  • Locust Street Elementary School

  • 1208 Locust St

  • 0.24 miles

  • Public District Grades PK-5

school-card-donut-1559182
6
/10

  • Benton Elementary School

  • 1410 Hinkson Ave

  • 0.67 miles

  • Public District Grades PK-5

school-card-donut-1559183
4
/10

  • Grant Elementary School

  • 10 E Broadway

  • 1.09 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,875. Residents of Columbia, MO typically earn less than $35k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Missouri›Boone County›Columbia›65201›1409 University Ave

This home is located at 1409 University Ave in Columbia, MO and zip code 65201 in the East Campus neighborhood. It has been listed on Rocket Homes since January 08, 2025 and is currently priced at $700,000.

In December 2024, from all listings sold in Columbia, MO there were more than 20 sold above asking price, over 69 sold below and more than 32 were sold right at the asked price. The inventory of homes for sale in Columbia, MO between November 2024 and December 2024 decreased by 11.4%. In December 2024, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $315,000.

From Rocket Homes Real Estate and based on county public records data.

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