Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7141 Sterling Ave Raytown, MO 64133

    Sponsored
    For Sale
    $469,000

    MULTI_FAMILY - Raytown, MO

    Lot size:
    0.23 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 7 at 1:06 am

    Property Features for 7141 Sterling Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Window Coverings
    Zoning
    1011
    Rooms
    Basement, Bathroom 1
    APN
    45-640-06-14-00-0-00-000
    Parking
    8
    Parking features
    Off Street
    Patio and Porch features
    Deck, Patio
    Interior features
    Apply To All Units, Individual Storage
    Appliances
    Dishwasher, Disposal, Exhaust Fan, Refrigerator, Electric Range
    Lot size
    0.23 Acres

    Utilities

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

    Building Details

    Year built
    1973
    Floors in Building
    2
    Number of units
    4
    Building materials
    Brick
    Roof type
    Composition
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Michael Belman

    ReMax Premier Properties (816) 690-7653

    Listing agent Michael Belman (816) 416-7090

    Listing date Feb 6, 2026

    MLS# 2599096

    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.

    Learn more

    Property Insight Report

    Overview

    Raytown Multifamily Fourplex For Sale

    This multifamily property in Raytown, Missouri, features a fourplex with a history of full occupancy and good rental income. Each of the four units includes two bedrooms and one bathroom. The property is well-maintained and includes appliances. The building has an all-brick exterior. Each unit features large rooms and kitchen areas, along with double closets and a patio or balcony. Individual storage rooms, each approximately 27 feet by 16 feet, are located in the basement. A common washer and dryer are owned by the seller. Each unit has its own air conditioning, furnace, and hot water heater. Off-street parking is available. The property offers convenient access to interstates, shopping, and restaurants. The lot size is 0.23 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Raytown
    County
    Jackson
    State
    Missouri
    Longitude
    -94.449411
    Latitude
    38.991617

    Nearby Similar for Sale

    • $460,000
      0.14 Acres

      Iconic Raytown Corner Property

      Historic corner property with pharmacy, soda fountain, and diner.
      10004 E 63Rd St, Raytown, MO 64133
      View Details
    • New
      $274,000
      0.24 Acres

      Updated Duplex in Raytown, MO

      Turnkey duplex with rental income potential in Raytown, Missouri.
      9404-9406 E 83Rd St, Raytown, MO 64138
      View Details
    • $275,000
      0.24 Acres

      Updated Duplex with Rental History

      Updated duplex with rental history, move-in ready, and low maintenance.
      9404-9406 E 83Rd St, Raytown, MO 64138
      View Details
    • $235,000
      1,847 SF

      Renovated Duplex in Golf View

      Move-in ready 4-bedroom, 3-bath duplex with modern updates.
      8531 Vassar Ave, Raytown, MO 64138
      View Details
    • $270,000
      Pending

      Raytown Duplex Investment Opportunity

      Fully leased duplex in Raytown, MO with immediate cash flow.
      10601 E 78Th Ter, Raytown, MO 64138
      View Details
    • $575,000
      0.41 Acres

      Turnkey Restaurant in Prime Location

      Fully remodeled restaurant property in Raytown, ready for immediate operation.
      9700 E 63Rd St, Raytown, MO 64133
      View Details
    • $59,900
      Pending

      Raytown Townhome with Flexible Layout

      Townhome featuring a versatile floorplan with multiple living areas.
      8478 Lane Dr, Raytown, MO 64138
      View Details
    • $250,000
      1,847 SF

      Renovated Home in Golf View

      Updated Raytown home with modern amenities and convenient location.
      8531 Vassar Ave, Raytown, MO 64138
      View Details
    • $1,950,000
      14,300 SF

      Industrial Property on 4.25 Acres

      14,300 SF industrial property with flexible lease terms.
      11900 East State Route 350, Raytown, MO 64138
      View Details
    • $255,000
      0.24 Acres

      Raytown Multifamily Property For Sale

      Multifamily property in Raytown, Missouri. Sold before processed.
      7311 Raytown Rd, Raytown, MO 64133
      View Details
    • Contact for pricing
      4,200 SF

      Restaurant Building with Drive-Thru Potential

      4,200 SF restaurant on 0.83 acres with drive-thru potential.
      8810 E State Route 350, Raytown, MO 64133
      View Details
    • Contact for pricing
      1,246 SF

      Retail Space Near High-Volume HyVee

      Retail spaces available, anchored by HyVee with high traffic.
      9410 E State Route 350, Raytown, MO 64133
      View Details

    FAQs

    What type of property is this?
    Quadplex - Fourplex in Raytown, MO with strong rental history.
    Where is this quadplex located?
    The property is located at 7141 Sterling Ave Raytown, MO.
    What is the asking price?
    The asking price for this property is $469,000.
    What are key features of this property?
    This property features: - 100% Occupied with $3,575 Monthly Rental Income; - Large, Individual Storage Rooms (27x16) in Basement; - Each Unit has Individual A/C, Furnace, and Hot Water Heater
    (816) 416-7090
    Request Owner's contact information
    7141 Sterling Ave Raytown, MO 64133
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7141 Sterling Ave
    Raytown, MO 64133
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    7141 Sterling Ave Raytown, MO 64133
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Michael Belman
    (816) 416-7090
    Learn more
    Google sign-in failed. Please try again or use another login method.