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207 S Olive St, Rolla, MO, 65401

2beds
1baths
728sqft
$151,900
$209price/sqft
$1,099/moest. monthly cost
$43,960/yrincome needed

About This Home

Welcome home to this charming bungalow in the heart of Rolla! Perfectly situated on a corner lot and just minutes from local parks, this inviting 2-bedroom, 1-bath home is full of character and opportunity. Relax on the welcoming covered front porch or enjoy the peaceful backyard views from the spacious deck. Inside, you'll find a cozy eat-in kitchen and comfortable living spaces filled with charm. The full unfinished basement offers laundry, a convenient tuck-under garage, and abundant storage or future expansion potential. Recent updates provide peace of mind and modern appeal, including a new roof (2022–2023), new HVAC system (2024), new backyard fence (2024), updated bathroom fixtures (2025), fresh interior paint, new windows (2026), new luxury vinyl plank flooring in the kitchen (2026), and a beautifully remodeled back deck with low-maintenance TREX decking (2026). Whether you're a first-time homebuyer looking for the perfect place to call home or an investor seeking to expand your rental portfolio, this delightful property is one you won't want to miss. Schedule your private showing today!

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

8/10
5/10
Rolla Jr. High SchoolGrades 7-81.0 mi
5/10
Rolla Sr. High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1942

Materials

  • Roof: Architectural Shingle,Pitched/Sloped
  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Electric Range,Refrigerator,Washer,Gas Water Heater
  • Laundry features: In Basement,Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Ceiling Fan(s),Eat-in Kitchen,Kitchen/Dining Room Combo,Laminate Counters,Shower,Storage
  • Door features: Storm Door(s)
  • Finished area above ground: 728

Heating & Cooling

  • Heating features: Electric,Forced Air
  • Cooling features: Ceiling Fan(s),Central Air,Electric

Interior Area

  • Total structure area: 728
  • Total interior livable area: 728 sqft

Property

Details

  • Parcel number: 71091.011004005005.000
  • Special condition: Standard

Features

  • Levels: One
  • Patio & porch: Covered,Deck,Front Porch

Lot

  • Lot size: 6,098 sqft
  • Features: Back Yard,Corner Lot,Few Trees,Front Yard
  • Lot size dimensions: +/- 0.14 Acres

Parking

  • Total spaces: 1
  • Parking features: Basement,Driveway,Garage,Garage Faces Side,Off Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Ice Storm
Winter Weather
Lightning
Strong Wind

FEMA Declared Disasters Across Missouri Counties

Fire
Flood
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $768$9,216
Home Insurance *$111$1,332
Property Taxes $79$948
Electricity $141$1,693
Total$1,099$13,188
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$37,680/yr
40% on housing$32,970/yr
45% on housing$29,306/yr

Missouri FAIR Plan Programs

Missouri Property Insurance Placement Facility

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,041Commercial: 84
Total Premiums$2.35M
Total Exposure$198.26M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 2.9%
2.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$209This listing

vs Other Active Listings

Avg $/sqft

ZIP 65401$127
Phelps County$148

vs Homes Sold Last Month

Median $/sqft

ZIP 65401$135
Phelps County$138

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-07Price change$144,900
2026-07-16Listed for sale$151,900
2024-10-09Sold--
2024-09-23Pending sale$116,900
2024-09-16Price change$116,900
2024-09-05Listed for sale$120,000
2024-07-23Listing removed$120,000
2024-07-16Listed for sale$120,000
2017-02-19Listing removed$58,900
2016-02-23Listed for sale$58,900

For Sale by Agent

AgentJackson P Mitchell
BrokerageEXP Realty, LLC

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