Add Listing
    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

    9202 E 64th Terrace Raytown, MO 64133

    View on Map
    Pending
    $299,900

    MULTI_FAMILY - Raytown, MO

    Lot size:
    0.27 Acres
    Added:
    Mar 25, 2026
    Days on Market:
    8
    Last Refresh:
    Apr 1 at 8:06 am

    Property Features for 9202 E 64th Terrace

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R2
    Rooms
    Basement
    Standard status
    Pending
    APN
    45-230-07-40-00-0-00-000
    Lot size
    0.27 Acres

    Taxes and HOA fees

    TaxDescription
    Rose Estates Lot 10
    TaxAnnualAmount
    3240

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Year built
    1979
    Floors in Building
    2
    Number of units
    2
    Building materials
    Brick/Mortar
    Roof type
    Composition

    We can help!

    Listing Contact
    Tim Allen

    Listing agent Tim Allen License #2007014654

    Listing office Realty Executives 11401 Ash, Leawood, MO

    Listing date Mar 25, 2026

    MLS# 2609237

    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.

    Overview

    Raytown Duplex Investment Opportunity

    This duplex in Raytown, MO, presents an investment opportunity. Each side of the duplex includes 2 bedrooms, a full bathroom, a kitchen, and a living room on the main level. The finished walkout lower level features a non-conforming bedroom, a half bath on one side and a full bath on the other, a family room, a 1-car garage, and laundry hookups. Currently, half of the building is occupied and generates a rental income of $1,100 per month. The other half is vacant and ready for touch-ups. The property is located on a lot of approximately 0.2719 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Raytown
    County
    Jackson
    State
    Missouri
    Longitude
    -94.4738184
    Latitude
    39.0071648

    Nearby Similar for Sale

    • $575,000

      Turnkey Restaurant in Prime Location

      Fully remodeled restaurant property in Raytown, ready for immediate operation.
      9700 E 63rd Street, Raytown, MO 64133
      View Details
    • $460,000

      Iconic Raytown Corner Property

      Historic corner property with pharmacy, soda fountain, and diner.
      10004 E 63rd Street, Raytown, MO 64133
      View Details
    • $469,000

      Raytown Multifamily Investment Opportunity

      Four-unit multifamily property with strong rental history in Raytown, Missouri.
      7141 STERLING Avenue, Raytown, MO 64133
      View Details
    • $195,000
      1,436 SF

      Remodeled Duplex in Elm Estates

      Completely remodeled half duplex with modern style and classic charm.
      8516 Ditzler Avenue, Raytown, MO 64138
      View Details
    • $163,750
      1,468 SF

      Raytown Duplex: Investment Opportunity

      Turnkey duplex in Raytown, currently tenant-occupied, part of package deal.
      7402 Englewood Lane, Raytown, MO 64133
      View Details
    • $227,500
      1,847 SF

      Renovated Duplex in Golf View

      Move-in ready duplex with modern updates and flexible living space.
      8531 Vassar Avenue, 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
    • $850,000

      Raytown Retail Property For Sale

      Retail property available for purchase in Raytown, Missouri.
      7108 Ditzler Ave, Raytown, MO
      View Details
    • $315,000
      4,260 SF

      Office/Flex Building with Warehouse

      4,260 SF Office/Flex building featuring warehouse space.
      9118 E 72nd Ter, Raytown, MO
      View Details
    • $490,000

      Office Building Used as Daycare

      Office building currently used as a daycare with many updates.
      7607 Raytown Road, Raytown, MO 64138
      View Details
    • $227,500
      1,847 SF

      Renovated Home in Golf View

      Updated Raytown home with modern amenities and convenient location.
      8531 Vassar Avenue, Raytown, MO 64138,
      View Details
    • $1,250,000
      9,840 SF

      Raytown Fourplex Portfolio For Sale

      Portfolio of three fourplex buildings in Raytown, Missouri.
      8622 Lane Ave, Raytown, MO 64138
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex in Raytown, MO with income potential.
    Where is this duplex located?
    The property is located at 9202 E 64th Terrace Raytown, MO.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: Duplex offers immediate rental income potential with one side currently rented for $1,100/month.; Investment opportunity in Raytown, MO.; Each unit features 2 bedrooms, 1 full bathroom, kitchen, and living room on the main level.
    (816) 885-7288
    We can help!
    Listing Contact
    Tim Allen
    Real Estate License ID: 2007014654
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!