209 NW Barr Rd Grain Valley, MO 64029
Estimated payment $3,525/month
Highlights
- Deck
- 8 Car Attached Garage
- Forced Air Heating and Cooling System
- No HOA
About This Home
Fantastic 4-plex investment opportunity in a prime Grain Valley location. This well-maintained property at 209 NW Barr is fully occupied and cash-flowing from day one. Each of the four spacious 2-bed, 1-bath units includes a deep 1-car garage and in-unit washer/dryer hookups. Two of the four units have been updated with modern finishes including new flooring, fresh paint in a contemporary color scheme, upgraded lighting and fixtures, and newer appliances as needed. The remaining units have been well cared for and offer strong rental performance with room for future upside. Of course with 1980s construction all units have central heating and cooling, dishwasher, stove, range etc...Nearby similar units rent for $1,150–$1,250/month. Tenants pay all utilities and there’s no HOA, minimizing operating costs. Conveniently located just minutes from I-70 and Adams Dairy shopping and dining, in a quiet, family-friendly neighborhood ideal for long-term renters. The 4-plex next door at 207 NW Barr is also available—a rare chance to acquire two side-by-side buildings with consistent occupancy and solid returns. Don’t miss this chance to add a stable, income-generating asset to your portfolio.
Listing Agent
Legendary Apartment Brokers Brokerage Phone: 816-591-0825 License #2019043249
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,091
Year Built
- Built in 1986
Parking
- 8 Car Attached Garage
Home Design
- Quadruplex
- Frame Construction
- Composition Roof
- Vinyl Siding
Interior Spaces
- 4 Bathrooms
- 3,000 Sq Ft Home
- 3-Story Property
- Basement
- Laundry in Basement
- Fire and Smoke Detector
- Laundry in Garage
Kitchen
- Free-Standing Electric Oven
- Dishwasher
Schools
- Sni-Bar Elementary School
- Grain Valley High School
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
Additional Features
- Deck
- 8,917 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 37-920-05-08-00-0-00-000
- $0 special tax assessment
Community Details
Overview
- No Home Owners Association
- 4 Units
- Valley Woods Subdivision
Building Details
- Gross Income $49,350
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $5,864 | $73,958 | $5,607 | $68,351 |
| 2023 | $5,864 | $73,958 | $4,811 | $69,147 |
| 2022 | $3,927 | $43,320 | $3,711 | $39,609 |
| 2021 | $3,835 | $43,320 | $3,711 | $39,609 |
| 2020 | $3,417 | $38,066 | $3,711 | $34,355 |
| 2019 | $3,347 | $38,066 | $3,711 | $34,355 |
| 2018 | $3,118 | $33,130 | $3,230 | $29,900 |
| 2017 | $3,118 | $33,130 | $3,230 | $29,900 |
| 2016 | $3,038 | $32,300 | $3,059 | $29,241 |
| 2014 | $3,061 | $32,300 | $3,477 | $28,823 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | For Sale | $539,000 | +25.3% | $180 / Sq Ft |
| 04/08/2022 04/08/22 | Sold | -- | -- | -- |
| 02/17/2022 02/17/22 | Pending | -- | -- | -- |
| 02/11/2022 02/11/22 | For Sale | $430,000 | -- | $143 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Alpha Title Llc | |
| Corporate Deed | -- | First American Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | Stewart Title Of Kansas City | |
| Warranty Deed | -- | Stewart Title | |
| Warranty Deed | -- | Stewart Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $322,500 | New Conventional | |
| Closed | $322,500 | New Conventional | |
| Previous Owner | $1,250,000 | Commercial | |
| Previous Owner | $1,200,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $750,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $490,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $203,900 | Fannie Mae Freddie Mac | |
| Previous Owner | $165,300 | Fannie Mae Freddie Mac | |
| Previous Owner | $183,600 | Purchase Money Mortgage |
Source: Heartland MLS
MLS Number: 2551234
APN: 37-920-05-06-00-0-00-000
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Listing Information presented by local MLS brokerage: TEN-X, INC., local REALTOR®- Arlene Richardson - (888)952-6393
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