$417,500

8630 Lane Ave Raytown, MO 64138

Estimated payment $2,585/month

Total Views 2,368
-- Bed
4 Baths
3,280 Sq Ft
$127 Price per Sq Ft

About This Home

Don't miss this 1980s-built fourplex featuring four identical 2 Bed/1 Bath units, each with in-unit laundry. The property is sub-metered for gas and electric (water is master-metered) and offers convenient on-site surface parking. Priced attractively per door for being 1980s construction, the investment is currently supported by market rents of $1,000 per month with existing finishes. Significant upside exists through higher-end upgrades. This is a clean, income-producing multifamily asset with strong tenant appeal and excellent growth potential. *This fourplex is also offered as a package with 8626 Lane Avenue MLS #2598443

Listing Agent

Lee Ripma

Lutz Sales + Investments Brokerage Phone: 816-866-8322 License #2021021630 Listed on: 04/03/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,426

Year Built

  • Built in 1980

Lot Details

  • 9,717 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 4 Bathrooms
  • 3,280 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Parking

  • 8 Parking Spaces
  • Paved Parking
  • Off-Street Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 50-220-17-33-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Lane At 87 St Apts Subdivision

Building Details

  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,426

Year Built

Built in 1980

Lot Details

9,717 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1980
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Lee Ripma
  • List Office Mls Id: HMSLUTZS
  • List Office Name: Lutz Sales + Investments
  • List Office Phone: 913-426-5576
  • Mls Status: Active
  • Operating Expense: 4426
  • Age Description: 41-50 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Package: Optional
  • Attribution Contact: 816-866-8322
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Laundry Features: Inside
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage: No
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 8

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Ind Heat And Air, Ind Water Heaters, Separate Meters
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Senior Community: No
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Security 1st Title

Schools

  • Junior High Dist: Raytown

Lot Info

  • Zoning: RES
  • Building Area Total: 3280
  • Lot Size Sq Ft: 9717
  • Parcel Number: 50-220-17-33-00-0-00-000
  • Subdivision Name: Lane at 87 St Apts
  • In Flood Plain: No

Building Info

  • Number of Units Total: 4

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 48000
  • Current Occupancy Rate: Under 80%
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 4426
  • Tax Abatement YN: 0

Map

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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
2025 $4,506 $48,747 $6,846 $41,901
2024 $4,475 $49,945 $6,321 $43,624
2023 $4,475 $49,945 $8,130 $41,815
2022 $3,467 $36,860 $4,152 $32,708
2021 $3,479 $36,860 $4,152 $32,708
2020 $3,350 $35,151 $4,152 $30,999
2019 $3,332 $40,873 $4,152 $36,721
2018 $2,313 $25,276 $2,464 $22,812
2017 $2,313 $25,276 $2,464 $22,812
2016 $2,243 $24,643 $2,280 $22,363
2014 $2,267 $24,643 $2,280 $22,363
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2026 04/03/26 For Sale $417,500 -- $127 / Sq Ft
Source: Heartland MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Mccaffree Short Title
Warranty Deed -- Old Republic Title Company O
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $132,000 Purchase Money Mortgage
Source: Public Records

Source: Heartland MLS

MLS Number: 2610619

Heartland MLS

APN: 50-220-17-33-00-0-00-000

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