9213 E 54th Terrace Raytown, MO 64133
Estimated payment $2,761/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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: Heartland MLS
MLS Number: 2617904
APN: 32-820-13-08-00-0-00-000
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Ask me questions while you tour the home.