808 SW Meadowridge Drive, Blue Springs, MO 64015
- $560,000
- List Price
- $560,000
- Closing Date
- May 12, 2026
- MLS#
- 2608695
- Status
- SOLD
- Type
- Multifamily
- Lot Size
- 10,975
- Acres
- 0.25
- Subdivision
- South Ridge
Property Description
Back on the market due to buyer financing. Turnkey 4-unit investment opportunity with strong rental upside in Blue Springs. This well-maintained fourplex features four 2-bedroom, 1.5-bath units with updated interiors and strong tenant demand. The property is 100% occupied and currently generates $4,045/month ($48,540 annually) in rental income. Recent rental data indicates comparable units averaging approximately $1,325–$1,375 per month, presenting a clear opportunity for investors to increase income over time. Two leases expire in 2026, allowing the next owner to adjust rents toward market while maintaining stable occupancy. Located in a desirable Blue Springs area near shopping, schools, and major commuter routes, this property offers a compelling combination of current cash flow and future income growth potential.
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Additional Information
- Year Built
- 1986
- School District
- Blue Springs
- Elementary School
- Franklin Smith
- Middle School
- Moreland Ridge
- High School
- Blue Springs South
- Exterior Features
- Private Entrance
- Roof
- Composition
- Central Air
- Electric
- Sewer
- Public Sewer
- Construction
- Wood Siding
- Water
- Public
- Cooling
- Electric
- Heating
- Forced Air
- Taxes
- $5,968
- Zoning
- Reside
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Listing courtesy of Christina Hill of KW KANSAS CITY METRO.
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