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Two-Bedroom Duplex Ranch

705 NE Swann Circle Lees Summit, MO 64086

705 NE Swann Circle, Lees Summit, MO, 64086
$225,000
For Sale
Under Contract
$225,000

DUPLEX - Other - Lee's Summit, MO

Property Size1,208 SF
Lot Size0.15 Acres
Price / SF$186.26
Days on Market55

Property Features for 705 NE Swann Circle

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1, Dining Room
Parking features
Garage, Open
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
Fireplace
1
Appliances
Dishwasher, Disposal, Microwave, Electric Range
Standard status
Active Under Contract
APN
52-830-98-32-00-0-00-000
Size
1,208 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Description
MAPLE TREE MANOR LOTS 7A & 7B LOT 7-B
Tax Annual Amount
2239

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Electric
Water source
Public

Building Details

Year built
1997
Flooring type
Vinyl
Building materials
Frame
Roof type
Composition
Architectural style
Other
Listing agency O Shaughnessy & Diamond RE
Listed by Anna Diamond Coble · License #2004016222
Added: May 29 Updated: Jul 18 at 2:23AM Checked: Jul 22 at 4:06PM
MLS# 2622349

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 single-level duplex features a two-bedroom, two-bath layout with a one-car garage. The home is described as well maintained and move-in ready, with neutral, clean interior finishes and zero carpet throughout. A formal dining room is currently used as an office/bonus room and could serve flexible needs, while the living, dining, bonus, and kitchen areas are set up for entertaining or family use. The large living room includes a fireplace, and there is easy access to laundry. Additional features noted include an attic fan and a patio.

The property is located in Lee’s Summit, MO and provides easy access to the highway and local shopping.

With privacy for both bedrooms and a well-laid-out floor plan, the duplex is presented as a low-maintenance option for a range of residential buyers.

Key Highlights

  • 1997‑built 2 bed, 2 bath, 1‑car garage ranch with one‑level living
  • Large living room with a fireplace and vaulted ceilings
  • Zero carpet with vinyl flooring throughout; ceiling fans, pantry, and walk‑in closets

Local 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 $19.6k $16.20
− Vacancy −$1.1k −$0.89
EGI $18.5k $15.31
− OpEx −$5.5k −$4.59
NOI $12.9k $10.72
1,208 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$184.9K
$161.8K – $215.8K (±1% cap)
NOI $12,945 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$165.2K
$144.6K – $192.7K (±1% cap)
NOI $11,564 @ 7.0% cap · market cap 5.14%
Theoretical Best
Specialty Retail
$306.6K
$268.3K – $357.7K (±1% cap)
NOI $21,461 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service Furniture & Home Goods Carpet & Flooring Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store Pet Grooming Service

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

FAQs

What type of property is this?
Duplex - Single-level duplex offers two bedrooms and two bathrooms with a one-car garage and zero-carpet interior.
Where is this duplex located?
The property is located at 705 NE Swann Circle Lees Summit, MO.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 1997‑built 2 bed, 2 bath, 1‑car garage ranch with one‑level living; Large living room with a fireplace and vaulted ceilings; Zero carpet with vinyl flooring throughout; ceiling fans, pantry, and walk‑in closets
Contact an agent
More about this property
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