$2,950,000
SOLD AUG 26, 2026
Last list price

7402 Overton Ave Raytown, MO 64133

Raytown Area
-- Beds
-- Baths
24,180 Sq Ft
1.56 Acre Lot

Sale Details

Date Sold: August 26, 2026

$122 Per Sq Ft

27 Days on Market

Highlights

  • 67,954 Sq Ft lot
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of August 2026

The Overton Apartments is a 40-unit apartment complex located in Raytown, MO. The property is strategically located right off 350 Highway, giving tenants easy access to both 435 and 470 Highways, making it a strong fit for workforce housing. The current ownership group has owned and managed the property for roughly 15 years and have passionately taken care of the property throughout their duration of ownership. 14 furnaces and 14 HVAC’s systems have been replaced since 2019, with the majority being replaced in the last 3 years. One roof was replaced in 2017, two roofs were replaced in 2021 and the final roof was replaced in 2022. The current owner has two voucher tenants, five mid-term rental tenants, while the rest are market rate tenants. The units have received renovations sporadically throughout ownership, but majority leave value add potential for the next owner. The large spacious units, combined with the exposed brick and balconies, allow for a premium to be achieved in the market, as well as winning tenants in general. There is also room to add an additional two units in each basement, but this would remove the laundry facilities from the property.

Last Agent to Sell the Property

Nick Ambrosio

Peak Real Estate Partners, LLC Brokerage Phone: 913-439-9332 License #00243389 Listed on: 05/27/2026

Last Buyer's Agent

James Keller

RE/MAX Heritage License #2020011668

RE/MAX Heritage
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,922

Year Built

  • Built in 1965

Parking

  • Off-Street Parking

Home Design

  • Synthetic Roof

Interior Spaces

  • 3-Story Property
  • Basement

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 45-540-03-45-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 40 Units
  • Park Farm Subdivision

Building Details

  • Gross Income $316,283

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,922

Year Built

Built in 1965

Lot Details

1.56 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1965
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Nicholas Ambrosio
  • List Office Mls Id: HMSPREPLLC
  • List Office Name: Peak Real Estate Partners, LLC
  • List Office Phone: 913-221-3590
  • Mls Status: Sold
  • Operating Expense: 163081
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Phone Other: 9134399332
  • Package: No
  • Attribution Contact: 913-439-9332
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 3

Exterior Features

  • Roof: Synthetic
  • Construction Materials: Brick/Mortar

Garage/Parking

  • Garage: No
  • Parking Features: Off Street

Utilities

  • Cooling: Electric
  • Heating: Forced Air
  • Sewer: Unknown
  • Utilities: Cent Water Heater, Separate Meters
  • Cooling: Yes
  • Water Source: City/Public - Verify

Condo/Co-op/Association

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

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Title

Schools

  • Junior High Dist: Raytown

Lot Info

  • Zoning: R2.5
  • Lot Size Sq Ft: 67953.6
  • Parcel Number: 45-540-03-45-00-0-00-000
  • Subdivision Name: Park Farm
  • In Flood Plain: Unknown

Building Info

  • Number of Units Total: 40

Rental Info

  • Existing Lease Terms: Month To Month

Multi Family

  • Gross Income: 316283
  • Current Occupancy Rate: 80-90%
  • Unit Count: 0

Tax Info

  • Tax Annual Amount: 24922
  • 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
Oct 27, 2005
Sold by
Copp Properties Overton 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
$927,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 1998
Sold by
Overton Apartments
Bought by
Tyhurst Curtis D and Bryan Robert M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Raytown, MO

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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 -- Parkway Title Inc
Quit Claim Deed -- --
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 $1,037,000 Commercial
Closed $927,000 Purchase Money 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
08/26/2026 08/26/26 Sold -- -- --
06/23/2026 06/23/26 Pending -- -- --
05/27/2026 05/27/26 For Sale $2,950,000 -- $122 / 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 $18,685 $205,783 $49,111 $156,672
2025 $18,685 $205,783 $49,111 $156,672
2024 $16,033 $178,943 $57,608 $121,335
2023 $16,033 $178,943 $57,608 $121,335
2022 $15,656 $166,440 $57,428 $109,012
2021 $15,711 $166,440 $57,428 $109,012
2020 $14,435 $151,469 $57,428 $94,041
2019 $14,358 $151,469 $57,428 $94,041
2018 $932,659 $151,468 $45,942 $105,526
2017 $12,449 $151,468 $45,942 $105,526
2016 $12,449 $136,800 $35,340 $101,460
2014 $9,685 $105,260 $35,340 $69,920
Source: Public Records

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Map

Source: Heartland MLS

MLS Number: 2622533

Heartland MLS
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