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Key Details
Sold Price $539,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Valley Woods
MLS Listing ID 2585023
Sold Date 02/23/26
Year Built 1986
Annual Tax Amount $6,091
Lot Size 8,917 Sqft
Acres 0.20470615
Property Sub-Type Quadruplex
Source hmls
Property Description
Rare opportunity to acquire a solid, income-producing fourplex in the rapidly growing Grain Valley area. Each spacious 2-bedroom, 1-bath unit includes an oversized garage, private deck, and in-unit laundry hookups. Tenants pay all major utilities—water, sewer, electric, and gas—making this an easy property to own with very low operating costs. The owner currently covers mowing and trash ($150/mo shared dumpster). Built in 1986, the building features central HVAC, no HOA, and sits outside the flood zone. Units are well cared for with recent improvements, including a full refresh in Unit A and new LVP flooring in Unit B. The property has a strong rental demand and clear upside with current rents below market levels. Market rents in this submarket range from $1,150–$1,350 per month. Located in a quiet neighborhood with quick access to I-70 and 40 Hwy, Grain Valley continues to see steady population growth, great schools, and expanding city development—making this a dependable long-term investment in a high-demand area. Building next door at 207 NW Bar RD is also for sale and can be purchased separately or together.
Location
State MO
County Jackson
Zoning Multi
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Laundry In Basement, In Garage
Exterior
Parking Features true
Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Frame,Vinyl Siding
Schools
Elementary Schools Sni-A-Bar
Middle Schools Grain Valley North
High Schools Grain Valley
School District Grain Valley
Others
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
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