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    116-122 NE Greystone Dr Lees Summit, MO 64086

    For Sale
    $590,000

    Quadruplex - Lee's Summit, MO

    Type:Quadruplex
    Lot size:
    0.08 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 116-122 NE Greystone Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Active
    Zoning
    R-3
    APN
    60-320-20-08-00-0-00-000
    Parking
    4
    Parking features
    Garage
    Exterior features
    Private Entrance
    Appliances
    Dishwasher, Range, Range - Gas, Refrigerator, Washer
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Electric

    Building Details

    Year built
    1987
    Floors in Building
    2
    Number of units
    4
    Building materials
    Brick, Vinyl Siding
    Roof type
    Composition
    Architectural style
    Other

    Keller Williams northland partners llc (816) 452-4200 [email protected]

    Listing agent Fidelity RE Group (816) 452-4200

    Listing date Nov 26, 2025

    MLS# 2584433 Listing URL

    Copyright © 2025 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lee's Summit Quadruplex Opportunity

    This fourplex presents an investment opportunity with two two-bedroom units and two three-bedroom units. Unit 116 is nearly gutted and ready for renovation. Unit 120 is tenant-occupied through February, providing immediate rental income. Units 118 and 122 are move-in ready, requiring only minor updates. Located in a maintenance-free community, the property is close to shopping, dining, and other amenities. The property is zoned R-3 and situated on a 0.0778-acre lot.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Clothing Store Building Supply Gym & Fitness Auto Repair Shop Pharmacy Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lees Summit
    County
    Cass
    State
    Missouri
    Longitude
    -94.336554
    Latitude
    38.917733

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    FAQs

    What type of property is this?
    Quadplex - Fourplex with income potential in a convenient location.
    Where is this quadplex located?
    The property is located at 116-122 NE Greystone Dr Lees Summit, MO.
    What is the asking price?
    The asking price for this property is $590,000.
    What are key features of this property?
    This property features: - Fourplex with a mix of two and three-bedroom units offers diverse rental options and income potential.; - Immediate rental income available from tenant-occupied unit (120).; - Units 118 and 122 are move-in ready, requiring only minor updates.
    (816) 452-4200
    Request Owner's contact information
    116-122 NE Greystone Dr Lees Summit, MO 64086
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116-122 NE Greystone Dr Lees Summit, MO 64086
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