7402 Overton Ave Raytown, MO 64133
Estimated payment $18,011/month
Highlights
- 67,954 Sq Ft lot
- No HOA
- Forced Air Heating and Cooling System
About This Home
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.
Listing Agent
Peak Real Estate Partners, LLC Brokerage Phone: 913-439-9332 License #00243389 Listed on: 05/27/2026
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 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 |
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 |
|---|---|---|---|---|
| 06/23/2026 06/23/26 | Pending | -- | -- | -- |
| 05/27/2026 05/27/26 | For Sale | $2,950,000 | -- | -- |
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 | -- | -- |
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 |
|---|---|---|---|
| Closed | $1,037,000 | Commercial | |
| Closed | $927,000 | Purchase Money Mortgage |
Source: Heartland MLS
MLS Number: 2622533
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Ask me questions while you tour the home.