$749,900
SOLD SEP 4, 2026
Last list price
-- Beds
-- Baths
5,320 Sq Ft
0.32 Acre Lot

Sale Details

Date Sold: September 4, 2026

$141 Per Sq Ft

5 Days on Market

Highlights

  • No HOA
  • Board and Batten Siding
  • Garage
  • Chapel Lakes Elementary School Rated A
  • Central Air

About This Home

As of September 2026

Wow what a beauty! This Lee's Summit fourplex is as turnkey and low-maintenance as it gets for investment properties. Featuring two 3-bedroom, 2 bath units, and two 2-bedroom, 2 bath units all with private garages included. The property currently $5,750 per month in rent, though these current rents are also under market value, interestingly. Property management is already in place and happy to continue if need be. There is NO HOA here folks! Checkout the expansive park and shelter, children's jungle gym and frisbee golf course right outside your door! Makes leasing a snap and has always yielded fantastic tenants. Reach out to the listing agents today.

Last Agent to Sell the Property

Nate Watermeier

Brokerage Phone: 913-602-2422 License #00245532 Listed on: 08/01/2026

Co-Listed By

Olivia Sneed

Brokerage Phone: 913-602-2422 License #00247868

Last Buyer's Agent

Thomas Latta

Latta Real Estate Service, Inc License #1999020183

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,089

Home Design

  • Quadruplex
  • Composition Roof
  • Board and Batten Siding

Parking

  • Garage
  • Off-Street Parking

Utilities

  • Central Air
  • Separate Meters

Additional Features

  • 2-Story Property
  • 14,089 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 43-820-11-17-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Chapel Oaks Subdivision

Building Details

  • Gross Income $68,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,089

Lot Details

0.32 Acres

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Co List Office Mls Id: HMSCFIL
  • Co List Office Name: Cascade Financial Investments
  • Co List Office Phone: 913-439-8790
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Nate Watermeier
  • List Office Mls Id: HMSCFIL
  • List Office Name: Cascade Financial Investments
  • List Office Phone: 913-439-8790
  • Mls Status: Sold
  • Operating Expense: 10529
  • Age Description: 31-40 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Package: No
  • Attribution Contact: 913-602-2422
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Board & Batten Siding

Garage/Parking

  • Garage: Yes
  • Parking Features: Direct Access, Off Street

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Separate Meters
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Prestige Land Title

Schools

  • Junior High Dist: Lee's Summit

Lot Info

  • Zoning: MF
  • Lot Size Sq Ft: 14089
  • Parcel Number: 43-820-11-17-00-0-00-000
  • Subdivision Name: Chapel Oaks
  • In Flood Plain: No

Building Info

  • Number of Units Total: 4

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 68700
  • Current Occupancy Rate: 90-95%
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 6089
  • Tax Abatement YN: 0

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2023
Sold by
Redhair Holdings Llc
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,789
Outstanding Balance
$471,755
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
-$64,422

Purchase Details

Closed on
Sep 23, 2021
Sold by
Smith Dennis V and Fatiha Lahssini
Bought by
Redhair Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- Coffelt Land Title
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $490,789 New Conventional
Closed $490,789 New Conventional
Previous Owner $340,000 Future Advance Clause Open End Mortgage
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
09/04/2026 09/04/26 Sold -- -- --
08/06/2026 08/06/26 Pending -- -- --
08/01/2026 08/01/26 For Sale $749,900 -- $141 / Sq Ft
Source: Heartland MLS

Tax 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.

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
2026 $6,501 $84,428 $10,469 $73,959
2025 $6,501 $84,428 $10,469 $73,959
2024 $6,089 $79,515 $7,425 $72,090
2023 $5,980 $79,515 $14,569 $64,946
2022 $5,421 $63,840 $18,164 $45,676
2021 $5,417 $63,840 $18,164 $45,676
2020 $5,216 $60,800 $18,164 $42,636
2019 $5,716 $68,744 $18,164 $50,580
2018 $2,756 $32,156 $3,135 $29,021
2017 $2,679 $32,156 $3,135 $29,021
2016 $2,679 $31,350 $4,009 $27,341
2014 $4,296 $49,970 $4,272 $45,698
Source: Public Records

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Map

Source: Heartland MLS

MLS Number: 2634725

Heartland MLS

APN: 43-820-11-17-00-0-00-000

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