$450,000
UNDER CONTRACT

9213 E 54th Terrace Raytown, MO 64133

Estimated payment $2,761/month

Total Views 304
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

This turn-key fourplex presents a compelling opportunity to acquire a clean, renovated income-producing asset with immediate upside and long-term stability. Thoughtfully updated interiors, dedicated parking for each unit, and straightforward operational efficiency create the kind of investment profile that is increasingly difficult to find at this price point. One unit is intentionally being delivered vacant to allow easy showings and a seamless transition for the next owner, while also creating an immediate value-add opportunity through quick lease-up at current market rents. With full occupancy, projected gross rents approach $45,000 annually, creating strong cash flow potential from day one. Each unit offers two spacious bedrooms, a separate utility area with laundry hookups, and attractive updated finishes that enhance tenant appeal and support durable rental demand. Solid brick construction and individually metered services further strengthen the investment fundamentals, while seller-reported historical expenses reflect a practical and manageable operating profile. For buyers looking to blend investing with owner occupancy, this also makes for an exceptional house hack opportunity, with the ability for a qualified buyer to potentially secure a four-unit property with low down payment financing in the 3% to 3.5% range while rental income from the additional units helps offset ownership costs. Whether you're expanding a portfolio or making a strategic first multifamily acquisition, this is the kind of asset that checks the boxes—updated, efficient, financeable, and positioned for income, with stabilized performance supporting cap rate projections in the 6%+ range based on market rents and full occupancy.

Listing Agent

Micah Thomas

Standard Real Estate Brokerage Phone: 913-594-9333 License #SP00238866 Listed on: 05/01/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,335

Year Built

  • Built in 1973

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Composition Roof

Utilities

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

Additional Features

  • 2-Story Property
  • 8,896 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 32-820-13-08-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Raytown Beach View Subdivision

Building Details

  • Gross Income $45,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,335

Year Built

Built in 1973

Lot Details

8,896 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1973
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Micah Thomas
  • List Office Mls Id: HMSSTANDRE
  • List Office Name: Standard Real Estate
  • List Office Phone: (913) 222-2933
  • Mls Status: Show For Backups
  • Operating Expense: 9266
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Package: No
  • Attribution Contact: 913-594-9333
  • Special Features: UnderContract

Interior Features

  • Basement: No
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick/Mortar

Garage/Parking

  • Garage: No
  • Parking Features: Off Street

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Separate Meters
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Owner Manager

Association/Amenities

  • Association: No

Fee Information

  • Deposit: Platinum Title

Schools

  • Junior High Dist: Raytown

Lot Info

  • Zoning: MF
  • Lot Size Sq Ft: 8896
  • Parcel Number: 32-820-13-08-00-0-00-000
  • Subdivision Name: Raytown Beach View
  • In Flood Plain: No

Building Info

  • Number of Units Total: 4

Rental Info

  • Existing Lease Terms: Month To Month,One Year Lease

Multi Family

  • Gross Income: 45000
  • Current Occupancy Rate: Unknown-Verify
  • Unit Count: 4
  • Gross Multiplier: 10.00

Tax Info

  • Tax Annual Amount: 4335
  • 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 $6,667 $47,741 $3,496 $44,245
2024 $6,622 $73,910 $7,883 $66,027
2023 $6,622 $73,911 $12,759 $61,152
2022 $3,747 $36,100 $3,800 $32,300
2021 $3,408 $36,100 $3,800 $32,300
2020 $3,016 $31,644 $3,800 $27,844
2019 $3,200 $31,644 $3,800 $27,844
2018 $1,723 $18,825 $1,835 $16,990
2017 $1,670 $18,825 $1,835 $16,990
2016 $1,670 $18,354 $2,090 $16,264
2014 $1,689 $18,354 $2,090 $16,264
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2026 05/01/26 For Sale $450,000 +15.4% --
05/30/2023 05/30/23 Sold -- -- -- View Prior Sale
05/01/2023 05/01/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $390,000 0.0% $109 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
02/17/2023 02/17/23 Price Changed $390,000 -2.3% $109 / Sq Ft
11/11/2022 11/11/22 For Sale $399,000 -- $112 / Sq Ft
Source: Heartland MLS

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 -- Meridian Title
Warranty Deed -- None Available
Special Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- Kansas City Title
Warranty Deed -- Kansas City Title
Warranty Deed -- First American Title Ins Co
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 $291,000 New Conventional
Previous Owner $253,125 New Conventional
Previous Owner $90,750 New Conventional
Previous Owner $131,040 Fannie Mae Freddie Mac
Source: Public Records

Source: Heartland MLS

MLS Number: 2617904

Heartland MLS

APN: 32-820-13-08-00-0-00-000

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