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Pair of 1980s fourplex buildings (8 units total) next door to each other 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. Both buildings have brand new roofs! 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 time. This is a textbook income-producing multifamily investment with strong tenant appeal and future value-add. Looking to invest out of state? This is a great one!
- 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
- Mar 25, 2026 at 12:03pm
- MLS Number
- 2598443
- Property Tax
- $8,852
- Zoning
- $RES
- Home Owners Association
- No
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