5941 Raytown Road
Raytown, MO, 64133 $ 895,000
Baths0.0 Monthly Estimate*
$ 5,651
Studio for $895,000. This home was built in 1954 on a lot size of 0.848508.
This cash cow set of 4 contiguous duplexes totals eight 2BR/1BA units in a strong Raytown location with suburban schools, tree-lined streets, and easy access to 350 Hwy, Kansas City, Independence, Lee’s Summit, Blue Springs, shopping, restaurants, jobs, and daily conveniences. Each tenant has a private exterior entry, creating a true “home” feel, and the property offers plenty of off-street parking, washer/dryer hookups inside every unit, central heating and cooling, and separate gas, electric, and water/sewer meters for each unit. This is truly a pretty dang easy-to-understand investment property: tenants pay water/sewer, electric, and gas, with the owner currently responsible only for trash and lawn. A future owner may also have the ability to bill back certain expenses with new leases, depending on their management strategy. Significant improvements have already been completed, including updated paint schemes, many new windows, sewer replacement, foundation improvements, attic insulation to R-49, newer mechanicals in select units, and more. One duplex also includes attached garages for each side. All four duplexes are on separate parcels, creating an excellent long-term exit strategy for a future owner. Great in-place rents with room to grow, very low regular owner expenses, substantial CapEx already invested, and a quiet cul-de-sac setting make this a compelling Raytown multifamily opportunity.
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FeaturesGeneralSewer Public Sewer
Heating Forced Air
Cooling Electric
Utilities Ind Heat And Air Ind Water Heaters Separate Meters
Roof Composition
Zoning MF
HOA Fee 0
Construction Materials Board & Batten Siding Other
Year Built 1954
Property Subtype Package of Properties
Assoc Fee Paid Per None
County Jackson
Property Type Residential Income
HOA N
Subdivision Name Askanas Heights
Garage Y/N Y
Status Active
Directions From 470 head north west on 350 HWY until turning right on Raytown RD. Stay on Raytown rd. Buildings are on the right.
City Raytown
High School District Raytown
Number Of Units Total 8
MLS Area 205 - Raytown Area
Lot Size Units Square Feet
Lot Size Square Feet 36961
Listing Terms Cash Conventional 1031 Exchange
Public Remarks This cash cow set of 4 contiguous duplexes totals eight 2BR/1BA units in a strong Raytown location with suburban schools tree-lined streets and easy access to 350 Hwy Kansas City Independence Lee’s S
Virtual Tour https://drive.google.com/drive/folders/1mcPgUP145N5EWb9Bz-a_H7M35e1tuEsz?usp=sharing
Standard Status Active
In Flood Plain No
HMS_MaintenanceProvidedYN N
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ExteriorParking Features Off Street
Water Source Public
Total Parking 16
Lot Size Area 36961
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InteriorTotal Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Unit Type 2 Bedroom
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* Excluded FeaturesList ByLegendary Apartment BrokersBroker
Affordability Calculator
- Monthly Principal & Interest
- $5,651
- Monthly Property Taxes
- $600
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Raytown, MO
Average List Price $731,444
Percent of Sale Price 18%
About Raytown, MO 30,028 Population
-1% Since 2002
$ 48,989 Median Income
40.92 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
651403 Elementary School
652097 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/6/2026 | $895,000 | | Listed Price |