$12,675,000

1500 Shale Ct Grain Valley, MO 64029

Estimated payment $76,504/month

-- Bed
104 Baths
74,204 Sq Ft
$171 Price per Sq Ft

Highlights

  • 189,907 Sq Ft lot
  • No HOA
  • Central Air
  • Grain Valley High School Rated 9+
  • Attached Garage

About This Home

The Greystone Fourplex Package is a unique opportunity to acquire 52 newly built two story townhome units, all located within one neighborhood on a single parcel with no HOA. Constructed in 2023, the property consists of 13 identical fourplexes positioned along a private suburban cul-de-sac. Every unit is a spacious 3 Bed/2.5 Bath floorplan featuring stainless steel appliances, granite countertops, modern finishes, including washer and dryer in a dedicated laundry area. Units all have attached garages – either one or two car options are available and average 1427 square feet each. This acquisition supports multiple exit scenarios, providing strategic flexibility going forward. Grain Valley offers an ideal environment for families seeking a balance of affordability and quality of life within the Kansas City metro. Known for its highly regarded school district, strong sense of community, and family-oriented atmosphere, the city continues to attract households looking for long-term stability and opportunity. Abundant parks, trails, and recreational programs provide ample space for outdoor activities and youth engagement, while ongoing residential and infrastructure growth ensures the community is evolving to meet the needs of a growing population. Combined with convenient access to major employment centers via I-70, Grain Valley delivers both livability and connectivity, making it an increasingly desirable place for families to call home. Grain Valley is the fastest growing suburban submarket in the Kansas City metro! With new construction, low maintenance,
and proven occupancy, Greystone delivers a turnkey, scalable investment with excellent long-term appreciation potential and multiple savvy exit strategies!

Listing Agent

Michelle Lutz

Lutz Sales + Investments Brokerage Phone: 913-426-5576 License #SP00239672 Listed on: 06/03/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $110,856

Year Built

  • Built in 2023

Lot Details

  • 4.36 Acre Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 104 Bathrooms
  • 74,204 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Parking

  • Attached Garage
  • Off-Street Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 37-520-04-34-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 52 Units

Building Details

  • Gross Income $1,182,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$110,856

Year Built

Built in 2023

Lot Details

4.36 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Package of Properties
  • Year Built: 2023
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Michelle Lutz
  • List Office Mls Id: HMSLUTZS
  • List Office Name: Lutz Sales + Investments
  • List Office Phone: 913-426-5576
  • Mls Status: Active
  • Operating Expense: 110856
  • Age Description: 3-5 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Package: Yes
  • Attribution Contact: 913-426-5576
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Laundry Features: Inside
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Concrete, Vinyl Siding

Garage/Parking

  • Garage: Yes
  • Parking Features: Attached, Garage, Off Street

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: 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: First American Title

Schools

  • Junior High Dist: Grain Valley

Lot Info

  • Zoning: R3-P
  • Building Area Total: 74204
  • Lot Size Sq Ft: 189907
  • Parcel Number: 37-520-04-34-00-0-00-000
  • Subdivision Name: Other
  • In Flood Plain: No

Building Info

  • Number of Units Total: 52

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 1182480
  • Current Occupancy Rate: Over 95%
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 110856
  • Tax Abatement YN: 0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/03/2026 06/03/26 For Sale $12,675,000 -- $171 / Sq Ft
Source: Heartland MLS

Source: Heartland MLS

MLS Number: 2624000

Heartland MLS
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