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Dennis Prussman

dennis.prussman@gmail.com +1(816) 262-6178

Listed by Brooke Reinertsen • Redfin Corporation

$260,000

Est. payment - /mo

10,043 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Southwood Manor

MLS Listing ID 2628273

Year Built 1970

Annual Tax Amount $3,531

Lot Size 10,043 Sqft

Acres 0.23055555

Lot Dimensions 80 x 125

Property Sub-Type Duplex

Source hmls

Property Description

Turnkey investment opportunity with immediate cash flow and built-in upside! This fully leased Raytown duplex is currently generating rental income with one unit leased month to month with long-term tenants at $1025/mo, and the other unit leased until November 2026 at $1095/mo. Both are below current market value, offering an excellent opportunity to increase cash flow over time. Each unit is separately metered, allowing tenants to pay their own utilities, keeping operating expenses low. The spacious 2 bedroom/1.5 bath units offer a functional layout that continues to attract and retain tenants. Features include an eat-in kitchen, private laundry, storage space, and individual garage parking. Plus, the finished lower-level recreation rooms provide flexible space for a home office, family room, or potential non-conforming third bedroom. With estimated market rents of approximately $1,250 per unit, this property offers strong value-add potential while already producing reliable income. Conveniently located near shopping, schools, and major commuter routes, it's well positioned for continued rental demand. Whether you're adding to an established portfolio or purchasing your first investment property, this duplex delivers the combination of immediate income, future upside, and long-term investment potential.

Location

State MO

County Jackson

Zoning CR2

Interior

Interior Features Individual Storage

Heating Forced Air

Cooling Electric

Fireplace N

Appliance Cooktop, Dishwasher, Disposal, Electric Range

Exterior

Exterior Feature Private Entrance

Parking Features true

Utilities Available Separate Meters

Roof Type Composition

Building

Story 1

Sewer Public Sewer

Water Public

Structure Type Board & Batten Siding,Brick Trim

Schools

Elementary Schools Spring Valley

Middle Schools South Middle School

High Schools Raytown South

School District Raytown

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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8310 Sterling AVE Raytown, MO 64138