Courtesy: Legendary Apartment Brokers
Alex Olson
816-591-0825
Rare opportunity to acquire a solid, income-producing fourplex in the rapidly growing Grain Valley area. Each spacious 2-bedroom, 1-bath unit includes an oversized garage, private deck, and in-unit laundry hookups. Tenants pay all major utilities—water, sewer, electric, and gas—making this an easy property to own with very low operating costs. The owner currently covers mowing and trash ($150/mo shared dumpster). Built in 1986, the building features central HVAC, no HOA, and sits outside the flood zone. Units are well cared for with recent improvements, including a full refresh in Unit A and new LVP flooring in Unit B. The property has a strong rental demand and clear upside with current rents below market levels. Market rents in this submarket range from $1,150–$1,350 per month. Located in a quiet neighborhood with quick access to I-70 and 40 Hwy, Grain Valley continues to see steady population growth, great schools, and expanding city development—making this a dependable long-term investment in a high-demand area. Building next door at 207 NW Bar RD is also for sale and can be purchased separately or together.
Courtesy: Legendary Apartment Brokers
Alex Olson
816-591-0825
Fantastic investment opportunity in Grain Valley—this well-maintained fourplex offers four large 2-bedroom, 1-bath units, each featuring a private deck, washer/dryer hookups, and each have an oversized garage. Tenants pay all utilities (water, sewer, electric, gas), keeping ownership expenses exceptionally low, with the owner currently only covering trash ($150/mo shared dumpster) and mowing. Constructed in 1986 to modern standards, this property includes central heating and cooling, and updated interiors in units 207 A, C, and D. With no HOA, no flood zone, and strong local rental demand, the property is easy to rent. Current rents are below market, presenting immediate upside potential to reach market rates of $1,150–$1,350 per unit. Located in a quiet, suburban neighborhood within the thriving Kansas City metro, this Class A– submarket offers quick access to I-70 and 40 Hwy, quality schools, and steady population growth—making this an ideal low-maintenance, income-producing asset in one of the area’s most desirable communities. Property next door is also for sale (209 NW Bar RD) and can be purchased together or separate.
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Grain Valley is located in Missouri. Grain Valley, Missouri has a population of 15,435. Grain Valley is more family-centric than the surrounding county with 40.1% of the households containing married families with children. The county average for households married with children is 28.36%.
The median household income in Grain Valley, Missouri is $81,429. The median household income for the surrounding county is $60,800 compared to the national median of $69,021. The median age of people living in Grain Valley is 35.1 years.
The average high temperature in July is 87.9 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 42.9 inches per year, with 13 inches of snow per year.
