The Raytown Apartments, located at 9201 E 54th Street, are a well-maintained residential community offering comfortable living spaces in a convenient location. Tenants have access to 8 off-street parking spaces situated at the front of the building. Each unit is separately metered for gas, electric, and water, with tenants responsible for all utility payments. All units at the property are two-bedroom, one-bathroom units with fully equipped kitchen, washer and dryer. Units were renovated in 2025 - new paint microwaves and disposals, new appliances (select units), new LVP flooring and new carpet in bedrooms. The property is professionally managed by a third-party company.
The Overton Apartments is a 40-unit apartment complex located in Raytown, MO. The property is strategically located right off 350 Highway, giving tenants easy access to both 435 and 470 Highways, making it a strong fit for workforce housing. The current ownership group has owned and managed the property for roughly 15 years and have passionately taken care of the property throughout their duration of ownership. 14 furnaces and 14 HVAC’s systems have been replaced since 2019, with the majority being replaced in the last 3 years. One roof was replaced in 2017, two roofs were replaced in 2021 and the final roof was replaced in 2022. The current owner has two voucher tenants, five mid-term rental tenants, while the rest are market rate tenants. The units have received renovations sporadically throughout ownership, but majority leave value add potential for the next owner. The large spacious units, combined with the exposed brick and balconies, allow for a premium to be achieved in the market, as well as winning tenants in general. There is also room to add an additional two units in each basement, but this would remove the laundry facilities from the property.
This turn-key fourplex presents a compelling opportunity to acquire a clean, renovated income-producing asset with immediate upside and long-term stability. Thoughtfully updated interiors, dedicated parking for each unit, and straightforward operational efficiency create the kind of investment profile that is increasingly difficult to find at this price point. One unit is intentionally being delivered vacant to allow easy showings and a seamless transition for the next owner, while also creating an immediate value-add opportunity through quick lease-up at current market rents. With full occupancy, projected gross rents approach $45,000 annually, creating strong cash flow potential from day one. Each unit offers two spacious bedrooms, a separate utility area with laundry hookups, and attractive updated finishes that enhance tenant appeal and support durable rental demand. Solid brick construction and individually metered services further strengthen the investment fundamentals, while seller-reported historical expenses reflect a practical and manageable operating profile. For buyers looking to blend investing with owner occupancy, this also makes for an exceptional house hack opportunity, with the ability for a qualified buyer to potentially secure a four-unit property with low down payment financing in the 3% to 3.5% range while rental income from the additional units helps offset ownership costs. Whether you're expanding a portfolio or making a strategic first multifamily acquisition, this is the kind of asset that checks the boxes—updated, efficient, financeable, and positioned for income, with stabilized performance supporting cap rate projections in the 6%+ range based on market rents and full occupancy.
Don't miss this income producing investment property. This full duplex has historical occupancy greater than 95% the last 5 years and will perform on Day 1. Fully occupied with opportunity to increase rents on one side of the property for even greater income potential.
Don't miss this 1980s-built fourplex featuring four identical 2 Bed/1 Bath units, each with in-unit laundry. The property is sub-metered for gas and electric (water is master-metered) and offers convenient on-site surface parking. Priced attractively per door for being 1980s construction, the investment is currently supported by market rents of $1,000 per month with existing finishes. Significant upside exists through higher-end upgrades. This is a clean, income-producing multifamily asset with strong tenant appeal and excellent growth potential. *This fourplex is also offered as a package with 8626 Lane Avenue MLS #2598443
Calling all Investors! 4 unit building in thriving rental community off of 67th Street in Raytown area. Tenants pay utilities and property is separately metered. Do Not approach tenants, call listing agent for showing information!
Pair of 1980s fourplex buildings (8 units total) next door to each other 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. Both buildings have brand new roofs! 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 time. This is a textbook income-producing multifamily investment with strong tenant appeal and future value-add. Looking to invest out of state? This is a great one!
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Raytown is located in Missouri. Raytown, Missouri has a population of 29,893. Raytown is less family-centric than the surrounding county with 24.4% of the households containing married families with children. The county average for households married with children is 28.36%.
The median household income in Raytown, Missouri is $59,049. 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 Raytown is 41.6 years.
The average high temperature in July is 87.8 degrees, with an average low temperature in January of 19.8 degrees. The average rainfall is approximately 43.2 inches per year, with 13.4 inches of snow per year.