$895,000
$895,000
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5941 Raytown RD Raytown, MO 64133
0.85 Acres Lot
Key Details
Sold Price $895,000
Property Type Multi-Family
Sub Type Package of Properties
Listing Status Sold
Purchase Type For Sale
Subdivision Askanas Heights
MLS Listing ID 2627261
Sold Date 09/16/26
Year Built 1954
Annual Tax Amount $7,200
Lot Size 0.849 Acres
Acres 0.8485078
Property Sub-Type Package of Properties
Source hmls
Property Description
This cash cow set of 4 contiguous duplexes totals eight 2BR/1BA units in a strong Raytown location with suburban schools, tree-lined streets, and easy access to 350 Hwy, Kansas City, Independence, Lee's Summit, Blue Springs, shopping, restaurants, jobs, and daily conveniences. Each tenant has a private exterior entry, creating a true “home” feel, and the property offers plenty of off-street parking, washer/dryer hookups inside every unit, central heating and cooling, and separate gas, electric, and water/sewer meters for each unit. This is truly a pretty dang easy-to-understand investment property: tenants pay water/sewer, electric, and gas, with the owner currently responsible only for trash and lawn. A future owner may also have the ability to bill back certain expenses with new leases, depending on their management strategy. Significant improvements have already been completed, including updated paint schemes, many new windows, sewer replacement, foundation improvements, attic insulation to R-49, newer mechanicals in select units, and more. One duplex also includes attached garages for each side. All four duplexes are on separate parcels, creating an excellent long-term exit strategy for a future owner. Great in-place rents with room to grow, very low regular owner expenses, substantial CapEx already invested, and a quiet cul-de-sac setting make this a compelling Raytown multifamily opportunity.
Location
State MO
County Jackson
Zoning MF
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Parking Features true
Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters
Roof Type Composition
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Board & Batten Siding,Other
Schools
School District Raytown
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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