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8622-8630 Lane Ave
Raytown, MO 64138
Lane Ave Fourplexes · Multifamily Property For Sale
·
12 Units
Investment Highlights
- 100% 2 Bedroom Units
- Sub-metered for Gas & Electric
- 1980s Construction
- In-unit Laundry & On-site Parking
Executive Summary
Portfolio of three 1980s fourplex buildings (12 units total) right in a row 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. 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 higher-end upgrades. A textbook income-producing multifamily investment with strong tenant appeal and future value-add.
Property Facts
| Price Per Unit | $104,167 | Lot Size | 0.66 AC |
| Sale Type | Investment | Building Size | 9,834 SF |
| No. Units | 12 | Average Occupancy | 91% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1981/2025 |
| Apartment Style | Low-Rise | Parking Ratio | 2.44/1,000 SF |
| Building Class | B |
| Price Per Unit | $104,167 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.66 AC |
| Building Size | 9,834 SF |
| Average Occupancy | 91% |
| No. Stories | 2 |
| Year Built/Renovated | 1981/2025 |
| Parking Ratio | 2.44/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | - | 900 |
Property Taxes
| Parcel Number | 50-220-17-35-00-0-00-000 | Improvements Assessment | $41,914 |
| Land Assessment | $6,832 | Total Assessment | $48,746 |
Property Taxes
Parcel Number
50-220-17-35-00-0-00-000
Land Assessment
$6,832
Improvements Assessment
$41,914
Total Assessment
$48,746
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