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Key Details
Sold Price $570,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision South Ridge
MLS Listing ID 2633120
Sold Date 09/09/26
Year Built 1985
Annual Tax Amount $7,218
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 89x125
Property Sub-Type Quadruplex
Source hmls
Property Description
Great Investor Opportunity in Blue Springs! Fully-occupied fourplex offering immediate cash flow with a 4% cap rate and strong rental history. Three of the four units have been updated, with Unit C providing value-add potential for increased future returns. Tenants enjoy spacious layouts, off-street parking, and a convenient location near shopping, dining, and major commuter routes.
This property is ideal for both seasoned investors and newcomers seeking stable, turnkey income with room to grow. All units are separately metered, have been professionally maintained, and are all currently leased. Blue Springs has strong rental demand, making this a strategic addition to any portfolio.
Showings do require advance notice due to tenant occupancy. Don't miss this chance to secure a well-positioned multi-family property in one of the metro's most desirable rental markets.
Location
State MO
County Jackson
Zoning MF-14
Interior
Heating Natural Gas
Cooling Electric
Fireplace N
Appliance Dishwasher, Disposal, Refrigerator, Electric Range
Laundry In Garage
Exterior
Parking Features true
Utilities Available Separate Meters
Roof Type Composition
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick Trim,Wood Siding
Schools
School District Blue Springs
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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