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Solid 6-unit apartment building in centrally located Raytown, Missouri, featuring a diverse mix of 3 Bed/2 Bed/1 Bed & studio units. These units are 100% occupied by market rate tenants. The property has independent heating and cooling in each unit, fully sub-metered utilities (except water), and on-site laundry plus ample parking. A large 8+ car garage provides excellent additional storage that can be leased out for extra income, and the roof is only ~6 years old. Three of the units are recently renovated and achieving a $200/mo premium over units with classic finishes. The new owner has a value-add opportunity as units turn over with cosmetic updates. The current property manager has already begun charging utility fees to offset the landlord paid water and trash bill. With strong in-place cash flow, low vacancy risk, and future upside through renovations and storage leasing, this is a light-value-add play in a submarket with great tenant demand. Ideal for investors seeking dependable income today and meaningful equity growth tomorrow.
- 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 for I-435 S toward Wichita, go 1.0 mi Take the Blue Ridge Cutoff exit toward Sports Complex, go 0.3 mi Slight right onto the ramp to Raytown/Tourist Info Ctr, go 302 ft Merge onto Blue Ridge Cutoff, go 1.0 mi Turn left onto Raytown Rd, go 1.6 mi Continue straight onto Raytown Trafficway, go 0.5 mi Turn left after Wendy's (on the right) Pass by UMB Bank (with drive-thru services) (on the left), go 0.1 mi Turn right onto Raytown Rd Destination will be on the right, go 197 ft
- Subdivision
- Hall's Add
- City
- Raytown
- County
- Jackson
- Property Type
- Residential Income / Apartment
- Listing Updated
- Mar 15, 2026 at 11:03am
- MLS Number
- 2606056
- Property Tax
- $3,012
- Zoning
- $COM
- Home Owners Association
- No
- 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.
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