Duplex Investment
1218 SE Cronin Street Lees Summit, MO 64081
For Sale
$380,674
Pending
DUPLEX - Other - Lee's Summit, MO
Property Size1,649 SF
Lot Size0.16 Acres
Days on Market51
Property Features for 1218 SE Cronin Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
3
Bathrooms
2
Rooms
Basement, Bathroom 2, Bathroom 1, Bedroom 1, Dining Room, Bedroom 2, Bedroom 3
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), Kitchen Island, Walk-In Closet(s)
Basement
Unfinished
Appliances
Dishwasher, Disposal, Microwave, Electric Range, Free-Standing Electric Oven
Standard status
Pending
APN
999999
Size
1,649 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
Manor at Bailey Farms, Lot 220-2
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Electric
Water source
Public
Building Details
Year built
2026
Flooring type
Tile, Laminate, Carpet
Building materials
Frame, Stone Veneer
Roof type
Composition
Architectural style
Other
Listing Agency:
Platinum Realty LLC
(888) 220-0988
Listed By:
Lauren Roush
(417) 529-0472
Added: Jun 10
Changed: Jul 28
Last Checked: Jul 30 at 2:06AM
MLS# 2625625
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This for-sale duplex is positioned as a residential income property and includes a total property size of 1,649 square feet, with a lot size of 0.1562 acres.
The property is located at 1218 SE Cronin Street in Lee’s Summit, in Jackson County, Missouri (64081). The listing does not provide additional details on unit count, interior finishes, or current tenancy.
For buyers seeking a duplex format, this offering provides the basic scope of size and land area included in the listing, with address-level identification for due diligence and touring.
The property is located at 1218 SE Cronin Street in Lee’s Summit, in Jackson County, Missouri (64081). The listing does not provide additional details on unit count, interior finishes, or current tenancy.
For buyers seeking a duplex format, this offering provides the basic scope of size and land area included in the listing, with address-level identification for due diligence and touring.
Key Highlights
- New construction home under construction with Year Built 2026
- Interior features include kitchen island and walk‑in closet(s)
- Appliances include dishwasher, disposal, microwave, and electric range/oven
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.7k | $16.20 |
| − Vacancy | −$1.5k | −$0.89 |
| EGI | $25.2k | $15.31 |
| − OpEx | −$7.6k | −$4.59 |
| NOI | $17.7k | $10.72 |
1,649 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$252.4K
$220.9K – $294.5K
NOI $17,671 @ 7.0% cap · market cap 4.64%
Second Best
Apartment 5plus
$225.5K
$197.3K – $263.1K
NOI $15,786 @ 7.0% cap · market cap 4.15%
Theoretical Best
Specialty Retail
$418.5K
$366.2K – $488.3K
NOI $29,296 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex for sale in Lee’s Summit, MO, offering a residential income configuration on a 0.1562-acre lot.
Where is this duplex located?
The property is located at 1218 SE Cronin Street Lees Summit, MO.
What is the asking price?
The asking price for this property is $380,674.
What are key features of this property?
This property features: New construction home under construction with Year Built 2026; Interior features include kitchen island and walk‑in closet(s); Appliances include dishwasher, disposal, microwave, and electric range/oven
