Rick Binkley
Compass Realty Group
(913) 386-5597
99 Total Sales
1 in Raytown
$153,000 Price
Estimated Value: $495,000
Solid 6-unit apartment building in centrally located Raytown, Missouri, featuring a diverse mix of 3 Bed/2 Bed/1 Bed & studio units. These units are 100% occupied by market rate tenants. The property has independent heating and cooling in each unit, fully sub-metered utilities (except water), and on-site laundry plus ample parking. A large 8+ car garage provides excellent additional storage that can be leased out for extra income, and the roof is only ~6 years old. Three of the units are recently renovated and achieving a $200/mo premium over units with classic finishes. The new owner has a value-add opportunity as units turn over with cosmetic updates. The current property manager has already begun charging utility fees to offset the landlord paid water and trash bill. With strong in-place cash flow, low vacancy risk, and future upside through renovations and storage leasing, this is a light-value-add play in a submarket with great tenant demand. Ideal for investors seeking dependable income today and meaningful equity growth tomorrow.
Last Agent to Sell the Property
Lutz Sales + Investments Brokerage Phone: 913-426-5576 License #SP00239672 Listed on: 03/15/2026
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Rick Binkley
Compass Realty Group
(913) 386-5597
99 Total Sales
1 in Raytown
$153,000 Price
Cari Coffman
Compass Realty Group
(469) 815-7346
46 Total Sales
1 in Raytown
$133,900 Price
Lona Bremer
ReeceNichols - Lees Summit
(816) 693-2050
37 Total Sales
1 in Raytown
$110,000 Price
Matt Bass
RE/MAX Premier Properties
(913) 305-5816
112 Total Sales
1 in Raytown
$195,000 Price
Lauren Pierce
BG & Associates LLC
(681) 248-5266
83 Total Sales
1 in Raytown
$235,000 Price
Christina Auch
United Real Estate Kansas City
(816) 744-1637
42 Total Sales
1 in Raytown
$164,600 Price
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Coffelt Land Title | ||
| -- | Alpha | ||
| -- | Alpha Title Guaranty Inc | ||
| -- | None Available | ||
| -- | Columbian Natl Title Ins Co | ||
| -- | Columbian National Title |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $331,601 | ||
| Previous Owner | $135,000 | ||
| Previous Owner | $105,000 | ||
| Previous Owner | $43,200 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 04/09/2026 04/09/26 | Sold | -- | -- | -- | |
| 03/17/2026 03/17/26 | Pending | -- | -- | -- | |
| 03/15/2026 03/15/26 | For Sale | $495,000 | +167.6% | $90 / Sq Ft | |
| 06/01/2017 06/01/17 | Sold | -- | -- | -- | View Prior Sale |
| 02/14/2017 02/14/17 | Pending | -- | -- | -- | |
| 10/28/2016 10/28/16 | For Sale | $185,000 | -- | $34 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $3,012 | $33,168 | $8,413 | $24,755 |
| 2024 | $7,370 | $81,700 | $12,825 | $68,875 |
| 2023 | $7,320 | $81,700 | $12,825 | $68,875 |
| 2022 | $2,624 | $25,080 | $8,778 | $16,302 |
| 2021 | $2,367 | $25,080 | $8,778 | $16,302 |
| 2020 | $2,095 | $21,983 | $8,778 | $13,205 |
| 2019 | $2,084 | $21,983 | $8,778 | $13,205 |
| 2018 | $3,226 | $30,467 | $9,859 | $20,608 |
| 2017 | $3,226 | $30,467 | $9,859 | $20,608 |
| 2016 | $2,886 | $27,384 | $7,584 | $19,800 |
| 2014 | $2,913 | $27,384 | $7,584 | $19,800 |
Seller's Agent in 2026
Michelle Lutz
Lutz Sales + Investments
(913) 308-0303
211 Total Sales
S
Buyer's Agent in 2026
Shirley Lintner
Platinum Realty LLC
(888) 220-0988
21 Total Sales
Seller's Agent in 2017
Allen Epstein
Realty Executives
(913) 529-7428
35 Total Sales
Buyer's Agent in 2017
Ashley Kendrick
Real Broker, LLC-MO
(816) 699-7566
410 Total Sales
Source: Heartland MLS
MLS Number: 2606056
Ask me questions while you tour the home.