$585,000

1020 NE Lindsay Ave Lees Summit, MO 64086

Estimated payment $3,490/month

-- Bed
4 Baths
3,512 Sq Ft
$167 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • 4 Car Attached Garage
  • Bernard C. Campbell Middle School Rated A
  • Covered Patio or Porch
  • Central Air

About This Home

Multi-family fourplex built in 1988, 3,512 sq ft across all units, 2 up 2 down style building. Each unit has 2 beds and 1 full bath with 1 private garage space and additional off street parking in the driveway. 2 New decks in 2024, Brand new Complete HVAC in Unit D November of 2025. New Water heater in Unit A in 2023. Most units have newer Fridge, stove and dishwasher and if not they should be functioning properly still. Unit A has a long term tenant prior to the current owner, unit fully painted recently. Unit B, C and D have been completely remodeled over the last few years at turn overs. Unit D has new kitchen cabinets. Unit D and C have new bath vanity. Unit C had brand new carpet prior to the current tenant, Unit D had Luxury Vinyl all throughout within the last few years. Great Location - Situated in a quiet residential area of Lee’s Summit
- Close to NE Chipman Rd and NE Douglas St for easy access to shopping, dining, and I-470 1 unit is vacating at the end of the year and there is room for improvement on the rents. With 1 vacant unit buyer could occupy 1 unit and rent the rest. Currently managed by local Property Management company that is happy to transition to new owner or buyer can self manage or move to a different manager. Do Not Disturb Tenants.

Listing Agent

Kevin Foster

ReeceNichols - Lees Summit Brokerage Phone: 816-835-1791 License #1999031200 Listed on: 11/14/2025

ReeceNichols - Lees Summit

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,876

Year Built

  • Built in 1988

Lot Details

  • 0.33 Acre Lot
  • Paved or Partially Paved Lot

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4 Bathrooms
  • 3,512 Sq Ft Home
  • 2-Story Property

Kitchen

  • Free-Standing Electric Oven
  • Dishwasher

Parking

  • 4 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 52-840-01-30-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Ridgeview Manor Subdivision

Building Details

  • Gross Income $51,836

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,876

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1988
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Kevin Foster
  • Listing Service: Full Service
  • List Office Mls Id: HMSRAN_20
  • List Office Name: ReeceNichols - Lees Summit
  • List Office Phone: 816-524-7272
  • Mls Status: Active
  • Operating Expense: 10799
  • Age Description: 31-40 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Phone Other Type: Cell
  • Package: No
  • Attribution Contact: 816-835-1791
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Free-Standing Electric Oven
  • Basement: No
  • Laundry Features: Inside
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony
  • Roof: Composition
  • Construction Materials: Board & Batten Siding
  • Patio And Porch Features: Deck, Patio, Covered Patio
  • Road Surface Type: Paved
  • Inside City Limits: Yes

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Off Street
  • Total Parking Spaces: 4

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Senior Community: No
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Security 1st Title

Schools

  • Junior High Dist: Lee's Summit

Lot Info

  • Zoning: res
  • Building Area Total: 3512
  • Lot Size Sq Ft: 14316
  • Parcel Number: 52-840-01-30-00-0-00-000
  • Subdivision Name: Ridgeview Manor
  • In Flood Plain: No

Building Info

  • Number of Units Total: 4

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 51836
  • Current Occupancy Rate: 90-95%
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 4876
  • Tax Abatement YN: 0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,876 $77,662 $7,691 $69,971
2024 $4,841 $67,534 $8,482 $59,052
2023 $4,841 $67,534 $11,708 $55,826
2022 $5,000 $61,940 $9,386 $52,554
2021 $5,104 $61,940 $9,386 $52,554
2020 $4,519 $54,313 $9,386 $44,927
2019 $4,396 $54,313 $9,386 $44,927
2018 $3,059 $35,079 $3,420 $31,659
2017 $3,059 $35,079 $3,420 $31,659
2016 $3,013 $34,200 $2,679 $31,521
2014 -- $33,364 $2,905 $30,459
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2025 11/14/25 For Sale $585,000 -- $167 / Sq Ft
Source: Heartland MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- Kansas City Title
Quit Claim Deed -- Kansas City Title
Warranty Deed -- Kansas City Title
Warranty Deed -- Kansas City Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $102,450 Purchase Money Mortgage
Source: Public Records

Source: Heartland MLS

MLS Number: 2587728

Heartland MLS

APN: 52-840-01-30-00-0-00-000