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sold
2 weeks ago.
804 NE Banner Drive
Lee's Summit,
MO 64086
Updated duplex with strong cash flow and rental upside in Lee’s Summit.
Each unit features 2 bedrooms, 1 bathroom, and attached garage parking, with updated interiors and stable tenants in place. The property is currently generating $2,220/month ($26,640 annually) in rental income.
Market rental data for comparable 2-bedroom units in the area averages approximately $1,325–$1,375 per month, creating a value-add opportunity for investors through future rent adjustments.
Conveniently located near downtown Lee’s Summit, parks, shopping, and major commuter routes, making it attractive to tenants and future buyers alike.
Seller also owns the neighboring duplex and a nearby fourplex and may consider portfolio purchase opportunities.
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Listings courtesy of Heartland Multiple Listing Service, Inc. as distributed by MLS GRID. Listing Agent: Christina Hill, 816-914-8221 | Office: KW KANSAS CITY METRO
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