8622-8630 Lane Avenue Raytown, MO ^$ 1,250,000

8622-8630 Lane Avenue

^$ 1,250,000

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8622-8630 Lane Avenue

Raytown, MO, 64138

^$ 1,250,000

Studio Baths0.0

Monthly Estimate*

^$ 7,696

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Studio

Multi-Family Home for sale in Raytown, MO

for $1,250,000. This home was built in 1981 on a lot size of 0.671556.

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.

Multi-Family Active

Price

^$ 1,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 4,426

Style

Lot Size

0.671556

Year Built

1981

Town/City

Raytown

County/Region

Jackson

MLS | Web ID

2598443

Features

General

Sewer Public Sewer

Heating Natural Gas

Cooling Electric

Utilities Ind Heat And Air Ind Water Heaters Separate Meters

Roof Composition

Zoning RES

HOA Fee 0

Construction Materials Stucco

Year Built 1981

Property Subtype Package of Properties

Assoc Fee Paid Per None

County Jackson

Property Type Residential Income

HOA N

Subdivision Name Lane at 87 St Apts

Garage Y/N N

Status Active

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

City Raytown

High School District Raytown

Number Of Units Total 12

MLS Area 205 - Raytown Area

Lot Size Units Square Feet

Lot Size Square Feet 29253

Listing Terms Cash Conventional

Public Remarks 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 s

Virtual Tour https://www.dropbox.com/scl/fo/yqjxw7rnf7nr1zx439uay/AGQ1DjZnhCfPFBwZzL56ZQY?rlkey=az6dqu6wfivvk5c0y0xq8yjyw&st=ub7gjijn&dl=0

Standard Status Active

In Flood Plain No

HMS_MaintenanceProvidedYN N

Exterior

Parking Features Off Street Paved

Water Source Public

Lot Size Area 29253

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Unit Type 2 Bedroom

* Excluded Features

List By

Lutz Sales + Investments

Broker

Affordability Calculator

$8,065

Per Month

Monthly Principal & Interest: $7,696
Monthly Property Taxes: $369
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Raytown, MO

Average List Price ^$467,833

Percent of Sale Price 63%

About Raytown, MO

30,028 Population

-1% Since 2002

^$48,989 Median Income

40.92 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

651403 Elementary School

652097 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/24/2026	$1,250,000		Listed Price

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8622-8630 Lane Avenue, Raytown, MO, 64138 is a Multi-Family Home for sale at $1,250,000 with a lot size of 0.671556. 8622-8630 Lane Avenue is a studio with 0.0 baths and was built in 1981. The property's zip code is 64138 which is in Raytown, MO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

"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 and Weichert REALTORS, 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."

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 2/25/2026.

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8622-8630 Lane Avenue

Multi-Family Home for sale in Raytown, MO

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