$1,725,000

1406 SW Jefferson St Lees Summit, MO 64081

Estimated payment $10,305/month

Total Views 3,058
-- Bed
-- Bath
4,562 Sq Ft
$378 Price per Sq Ft

Highlights

  • 27,900 Sq Ft lot
  • Deck
  • Forced Air Heating and Cooling System
  • Pleasant Lea Middle School Rated A-
  • No HOA
  • Paved or Partially Paved Lot

About This Home

Location, Location, Location! Turn Key Investment Opportunity in Lee's Summit MO. 100 % occupied - 13 Two Bedroom Units and 3 - Three Bedroom Units. Separately meter for Gas and Electric, Landlord pays water/sewer. Two buildings 8 units in each! Newer Roofs, Newer Hot water tanks, Newer HVACs throughout the complex.(2017) several units have been renovated with modern finishes, while the remaining units present clear value-add potential for investors seeking to increase NOI! This is a must see! With rising rental income, stable occupancy, and recent capital improvements, this asset is an ideal fit for investors targeting growth in a solid Midwestern market. Minutes from major highways 350 & 291 and only 1.5 miles from Downtown Lees summit! Professional property management is in place, and service can be retained at the time of sale.

Listing Agent

Greg Brickhouse

Brickhouse Real Estate Service Brokerage Phone: 816-210-4218 License #1999091022 Listed on: 09/15/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $15,091

Year Built

  • Built in 1972

Lot Details

  • 0.64 Acre Lot
  • Paved or Partially Paved Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 4,562 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Dishwasher
  • Basement

Parking

  • 16 Parking Spaces
  • Paved Parking
  • Off-Street Parking
  • Assigned Parking

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 61-910-01-15-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 16 Units
  • Glendana Heights Subdivision

Building Details

  • Gross Income $184,393

Property Details

Home Type

Apartment

Est. Annual Taxes

$15,091

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1972
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Greg Brickhouse
  • Listing Service: Full Service
  • List Office Mls Id: HMSBRICKH
  • List Office Name: Brickhouse Real Estate Service
  • List Office Phone: 816-210-4218
  • Mls Status: Active
  • Operating Expense: 86736
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Maintenance Description: Lawn,Snow Removal
  • Package: Yes
  • Restrictions: Selling As Is
  • Attribution Contact: 816-210-4218
  • Special Features: None

Interior Features

  • Interior Amenities: Individual Storage
  • Appliances: Dishwasher, Refrigerator, Electric Range
  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick Trim, Vinyl Siding
  • Patio And Porch Features: Deck, Patio
  • Road Surface Type: Paved
  • Inside City Limits: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Assigned, Off Street, Paved
  • Total Parking Spaces: 16

Utilities

  • Cooling: Electric
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Cent Water Heater, Ind Heat And Air
  • Cooling: Yes
  • Security Features: Smoke Detector(s)
  • 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: MF
  • Building Area Total: 4562
  • Lot Size Sq Ft: 27900
  • Parcel Number: 61-910-01-15-00-0-00-000
  • Subdivision Name: Glendana Heights
  • In Flood Plain: Unknown

Building Info

  • Number of Units Total: 16

Rental Info

  • Existing Lease Terms: Month To Month,One Year Lease

Multi Family

  • Gross Income: 184393
  • Current Occupancy Rate: Over 95%
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 15091
  • Tax Abatement YN: 0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2025 09/15/25 For Sale $1,725,000 +73.4% $378 / Sq Ft
07/26/2024 07/26/24 Sold -- -- -- View Prior Sale
07/26/2024 07/26/24 Sold -- -- -- View Prior Sale
06/06/2024 06/06/24 Pending -- -- --
06/06/2024 06/06/24 Pending -- -- --
06/03/2024 06/03/24 Price Changed $995,000 -46.2% --
06/03/2024 06/03/24 Price Changed $1,850,000 -15.9% --
05/23/2024 05/23/24 For Sale $2,200,000 +83.3% --
05/23/2024 05/23/24 For Sale $1,200,000 -45.5% --
05/13/2024 05/13/24 Pending -- -- --
05/13/2024 05/13/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $2,200,000 +83.3% --
04/05/2024 04/05/24 For Sale $1,200,000 0.0% --
08/30/2017 08/30/17 Sold -- -- -- View Prior Sale
06/13/2017 06/13/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $1,200,000 -- --
Source: Heartland MLS

Source: Heartland MLS

MLS Number: 2575637

Heartland MLS