$750,000

725 SE 10th St Lees Summit, MO 64081

Estimated payment $4,845/month

-- Bed
20 Baths
4,752 Sq Ft
$158 Price per Sq Ft

Highlights

  • 34,412 Sq Ft lot
  • Forced Air Heating and Cooling System
  • Garage
  • Sunset Valley Elementary School Rated A

About This Home

Fantastic Fourplex in desirable neighborhood in Lee's Summit. Unlike most 4plexes, this building has 3 bedrooms in every unit, increasing cash flow and desirability. Each unit has 2.5 baths and unfinished basements for storage. This building has a very large, attached lot that can be developed with another multifamily dwelling. Building has a brand new roof, 2 new HVAC's. Other HVAC's have been replaced within 5-8 years. All measurements to be verified by buyer and buyer's agent. All units rented and no tenants are behind on rent. Please do not disturb tenants.

Listing Agent

Austin Bates

Platinum Realty LLC Brokerage Phone: 816-810-1512 License #2015042744 Listed on: 07/15/2025

Platinum Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,497

Year Built

  • Built in 1991

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 20 Bathrooms
  • 4,752 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Basement

Schools

  • Lee's Summit High School

Additional Features

  • 0.79 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 61-630-05-03-02-2-00-000
  • $0 special tax assessment

Community Details

Overview

  • 4 Units
  • Bridgehampton Subdivision

Building Details

  • Gross Income $66,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,497

Year Built

Built in 1991

Lot Details

0

HOA Fees

$77 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1991
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Austin Bates
  • List Office Mls Id: HMSPRKC
  • List Office Name: Platinum Realty LLC
  • List Office Phone: 888-220-0988
  • Mls Status: Active
  • Operating Expense: 3000
  • Age Description: 31-40 Years
  • Tax Special Amount: 0
  • Tax Total Amount: 7497
  • Value Range Pricing YN: 0
  • Maintenance Provided YN: 0
  • Special Documents Required YN: 0
  • Package: No
  • Attribution Contact: 816-810-1512
  • Special Features: None

Interior Features

  • Basement: Yes
  • Laundry Features: Inside
  • Stories: 2

Exterior Features

  • Exterior Features: Private Entrance
  • Roof: Composition
  • Construction Materials: Brick/Mortar

Garage/Parking

  • Garage: Yes
  • Parking Features: Garage

Utilities

  • Cooling: Electric
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Ind Heat And Air, Ind Water Heaters
  • Cooling: Yes
  • Security Features: Smoke Detector(s)
  • Water Source: Public
  • Telecom: Cable - Available,Metro Free

Condo/Co-op/Association

  • Association Fee: 920
  • Association Fee Frequency: Annually
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association: Yes

Fee Information

  • Deposit: Alpha Title

Schools

  • Middle/Junior School: Pleasant Lea
  • Junior High Dist: Lee's Summit

Lot Info

  • Zoning: Res
  • Building Area Total: 4752
  • Lot Size Area: 0.79
  • Lot Size Sq Ft: 34412.4
  • Parcel Number: 61-630-05-03-02-2-00-000
  • Subdivision Name: Bridgehampton
  • In Flood Plain: No

Building Info

  • Number of Units Total: 4

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 66000
  • Current Occupancy Rate: Over 95%
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 7497
  • Tax Abatement YN: 0

MLS Schools

  • High School: Lee's Summit

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,443 $103,831 $25,840 $77,991
2023 $7,443 $103,831 $25,840 $77,991
2022 $6,565 $81,320 $18,221 $63,099
2021 $6,700 $81,320 $18,221 $63,099
2020 $5,935 $71,326 $18,221 $53,105
2019 $5,773 $71,326 $18,221 $53,105
2018 $1,007,074 $42,855 $4,178 $38,677
2017 $3,681 $42,855 $4,178 $38,677
2016 $3,681 $41,781 $2,926 $38,855
2014 $3,224 $36,100 $3,873 $32,227
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $750,000 -- $158 / Sq Ft
Source: Heartland MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Alpha
Individual Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $376,000 New Conventional
Previous Owner $233,100 Unknown
Previous Owner $207,000 Purchase Money Mortgage
Source: Public Records

Source: Heartland MLS

MLS Number: 2563314

Heartland MLS

APN: 61-630-05-03-02-2-00-000