<p>A well-designed radio and plasma wave instrument on Interstellar Probe will measure a variety of key phenomena in the outer heliosphere and interstellar medium, namely few-kHz radio emissions from beyond the heliopause, quasi-thermal noise emissions - hence plasma density and temperature, plasma waves associated local kinetics and beams, and potentially dust impacts on the spacecraft. &#160;Radio emission signatures have been observed as solar transients interact with the local interstellar medium and can give remote measurements of the interaction between the heliosphere and local interstellar medium. &#160;The quasi-thermal noise spectrum is a highly accurate way to measure total density, electron pressure, and potentially bulk flow speed in the interstellar medium. &#160;Nonthermal plasma waves are indication of electron beams and kinetic plasma distributions and can give key diagnostics of shocks, current sheets, and other discontinuities. &#160;And of course, plasma wave measurements have proved to be a simple, robust measure of dust statistics with a relatively large count rate. &#160;All of these science goals can be met with a simple radio and plasma wave instrument, provided that proper consideration is given to sensor design and geometry and spacecraft integration is considered a priori. &#160;We describe the science and instrument trades and resource estimates associated with such an instrument. &#160;</p>