$415,000
$415,000
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807 Magellan AVE Lee's Summit, MO 64086
0.28 Acres Lot
Key Details
Sold Price $415,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Beverly Village
MLS Listing ID 2612517
Sold Date 05/07/26
Year Built 1968
Annual Tax Amount $3,670
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Duplex
Source hmls
Property Description
Fantastic investment opportunity in the highly sought-after Lee's Summit School District! This brick ranch-style duplex offers strong income potential and flexibility for both investors and owner-occupants alike. One side is fully updated and currently leased at $1,350/month on a one-year lease, featuring refinished hardwood floors, fresh interior paint, an updated kitchen with new appliances, modern light fixtures, and a completely renovated bathroom. The second unit has also been refreshed with refinished hardwoods, fresh paint, new appliances, and an updated bathroom, and is currently vacant—perfect for an owner-occupant looking to house hack or for an investor to place a new tenant at market rent. Each unit includes access to a full, unfinished basement offering abundant storage or the opportunity to finish for additional living space and increased rental income.Conveniently located near shopping, dining, and everyday amenities, this property combines location, updates, and income potential all in one. Whether you're looking to expand your portfolio or offset your mortgage with rental income, this duplex checks all the boxes!
Location
State MO
County Jackson
Zoning multi
Interior
Interior Features Individual Storage
Heating Natural Gas
Cooling Electric
Fireplace N
Appliance Disposal, Microwave, Refrigerator, Electric Range
Laundry In Basement
Exterior
Exterior Feature Private Entrance
Parking Features true
Fence Fenced
Utilities Available Separate Meters
Roof Type Composition
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Brick/Mortar
Schools
School District Lee'S Summit
Others
Acceptable Financing Cash, Contract
Listing Terms Cash, Contract
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