920-924 Southwest Imperial Lane, Lee's Summit, MO 64064

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$775,000
 est. $3,741/mo

STOP BUYING OTHER PEOPLE’S PROBLEMS. If you’re looking for a rental property, why take on an older building with aging systems, deferred maintenance and a long list of future capital expenses? This newer-construction 2008 fourplex offers the opportunity to own a high-quality, low-maintenance asset in the A+ Villas at Chapman Farms neighborhood with strong rents, exceptional rental demand and virtually no vacancy. The property features two 3-bedroom and two 2-bedroom units, all with 2.5 baths, private garages, fireplaces and slab granite countertops. Current rents are strong yet remain below market, providing additional upside for the next owner. And YES, there is an HOA—but this is an HOA an investor can appreciate. The $1,800 quarterly fee takes care of much of the expensive and time-consuming exterior ownership responsibility, including ROOFS, EXTERIOR MAINTENANCE, STRUCTURE INSURANCE, LAWN CARE, SNOW REMOVAL AND TRASH, plus residents enjoy a COMMUNITY POOL AND CLUBHOUSE. That means fewer surprise capital expenditures, less exterior maintenance and a remarkably easy rental property to own. Even better, the property is uniquely titled as two separate parcels under one roof, creating flexibility to purchase either two units or all four. Professional property management is already in place and can continue for a truly turnkey transition. Newer construction. A+ location. Strong rental demand. High rents with additional upside. Garages. Amenities. And an HOA that handles much of the heavy lifting. If you’ve been looking for a straightforward multifamily investment without inheriting someone else’s deferred maintenance, THIS IS IT. No seller financing. Please do not ask. Information deemed reliable but not guaranteed.

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 17.3 mi Take exit 20 to merge onto MO-7 S/SW State Rte 7 S Pass by Popeyes Louisiana Kitchen (on the right in 0.5 mi), go 5.6 mi Turn right onto Mason School Rd, go 0.1 mi Turn right onto SW Orchard Ln, go 197 ft Turn left onto SW Imperial Ln Destination will be on the left, go 148 ft
Subdivision
Other
City
Lee's Summit
County
Jackson
Property Type
Residential Income / Quadruplex
Listing Updated
Sep 18, 2026 at 12:09pm
MLS Number
2616759
Property Tax
$9,970
Zoning
$RES
Home Owners Association
Yes - The Orchards At Chapman Farms Townhomes
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.
The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.
Information is deemed reliable but is not guaranteed.

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