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Portfolio of three 1980s fourplex buildings (12 units total) right in a row in desirable Raytown, Missouri. 100% two-bedroom, one-bath units with in-unit laundry. Sub-metered for gas and electric and surface on-site parking in front of the buildings. Central heat & air along with a deck or patio for each unit check all the boxes for tenants. Great price to rent ratio for this era of construction and existing rents. $1,000/mo being achieved with current finishes and clear rental upside through higher-end upgrades. A textbook income-producing multifamily investment with strong tenant appeal and future value-add.
- Directions
- Take the ramp on the left to I-70 E, go 0.2 mi Merge onto I-670 E, go 0.7 mi Merge onto I-70 E, go 5.2 mi Take exit 8A to merge onto I-435 S, go 3.0 mi Take exit 66 on the left to merge onto MO-350 E/Blue Pkwy toward 63rd St/Raytown/Lee's Summit, go 1.6 mi Exit onto Blue Ridge Blvd, go 1.3 mi Turn left toward Spring Valley Rd, go 62 ft Turn right onto Spring Valley Rd, go 0.7 mi Turn left onto E 83rd St, go 0.2 mi Turn right onto Lane Ave Destination will be on the right, go 0.4 mi
- Subdivision
- Lane at 87 St Apts
- City
- Raytown
- County
- Jackson
- Property Type
- Residential Income / Package of Properties
- Listing Updated
- Feb 23, 2026 at 10:02pm
- MLS Number
- 2598443
- Property Tax
- $4,426
- Zoning
- $RES
- Home Owners Association
- No
- Disclaimer
- The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2026, Heartland Multiple Listing Service, Inc. Heartland MLS, Elite Realty and Agent Jo do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring.
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