8310 Sterling Avenue, Raytown, MO 64138
- $260,000
- List Price
- $260,000
- MLS#
- 2628273
- Status
- ACTIVE
- Type
- Multifamily
- Lot Size
- 10,043
- Acres
- 0.23
- Subdivision
- Southwood Manor
Property Description
Turnkey investment opportunity with immediate cash flow and built-in upside! This fully leased Raytown duplex is currently generating rental income with one unit leased month to month with long-term tenants at $1025/mo, and the other unit leased until November 2026 at $1095/mo. Both are below current market value, offering an excellent opportunity to increase cash flow over time. Each unit is separately metered, allowing tenants to pay their own utilities, keeping operating expenses low. The spacious 2 bedroom/1.5 bath units offer a functional layout that continues to attract and retain tenants. Features include an eat-in kitchen, private laundry, storage space, and individual garage parking. Plus, the finished lower-level recreation rooms provide flexible space for a home office, family room, or potential non-conforming third bedroom. With estimated market rents of approximately $1,250 per unit, this property offers strong value-add potential while already producing reliable income. Conveniently located near shopping, schools, and major commuter routes, it's well positioned for continued rental demand. Whether you're adding to an established portfolio or purchasing your first investment property, this duplex delivers the combination of immediate income, future upside, and long-term investment potential.
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Additional Information
- Year Built
- 1970
- School District
- Raytown
- Elementary School
- Spring Valley
- Middle School
- South Middle School
- High School
- Raytown South
- Garage
- Yes
- Basement
- Yes
- Interior Features
- Individual Storage
- Exterior Features
- Private Entrance
- Roof
- Composition
- Central Air
- Electric
- Sewer
- Public Sewer
- Construction
- Board & Batten Siding, Brick Trim
- Water
- Public
- Cooling
- Electric
- Heating
- Forced Air
- Taxes
- $3,531
- Zoning
- CR2
Mortgage Calculator
Listing courtesy of Brooke Reinertsen of Redfin Corporation.
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