Updated Ranch
New
For Sale
$214,900
1019 Christie Lane, Grain Valley, MO 64029
One-level duplex with refreshed interiors, attached garage, patio space, and access to shopping, schools, and highways.
Property Size1,021 SF
Days on Market2
Property Features for 1019 Christie Lane
General Information
Standard status
Active
Size
1,021 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,699
Amenities
attached garage
patio
Building Details
Building Size
1,021 SF
Year Built
2001
Buildings
1
Stories
1
Construction
ranch
Listing Agency:
Weichert, Realtors Welch & Co.
(913) 647-5700
Listed By:
Sally Moore · License #2005041423
(913) 647-5700
Source:
Community-realty
Added: Aug 5
Changed: Aug 6
Last Checked: Aug 6 at 3:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert, Realtors Welch & Co.
Investment Insights
Based on property information with market context.
Built in 2001, this ranch-style duplex offers one-level living with an open arrangement connecting the living room, dining area, and kitchen. The interior features abundant cabinetry, neutral finishes, and ample natural light. The primary suite includes a private bathroom and walk-in closet, while additional bedrooms provide flexible space for guests, office use, or hobbies.
Recent improvements include a new roof, new carpet, fresh paint, and recently replaced HVAC and water heater systems. Exterior features include vinyl siding with brick trim, an attached garage, a double driveway, and a level yard with patio space. The property is near shopping, Grain Valley schools, and highway access. An opportunity is also available to purchase the neighboring unit, subject to separate terms.
Recent improvements include a new roof, new carpet, fresh paint, and recently replaced HVAC and water heater systems. Exterior features include vinyl siding with brick trim, an attached garage, a double driveway, and a level yard with patio space. The property is near shopping, Grain Valley schools, and highway access. An opportunity is also available to purchase the neighboring unit, subject to separate terms.
Key Highlights
- Duplex built in 2001
- New roof, carpet, paint, HVAC, and water heater
- Open‑concept living, dining, and kitchen areas
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 | $15.7k | $15.36 |
| − Vacancy | −$1.1k | −$1.09 |
| EGI | $14.6k | $14.27 |
| − OpEx | −$4.4k | −$4.28 |
| NOI | $10.2k | $9.99 |
1,021 SF · lease $15.36/SF/yr · vacancy 7.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$145.7K
$127.5K – $169.9K
NOI $10,196 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$134.5K
$117.7K – $156.9K
NOI $9,412 @ 7.0% cap · market cap 4.38%
Theoretical Best
Warehouse
$268.5K
$235.0K – $313.3K
NOI $18,797 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
Explore this area
Business Placement
Demographics for 64029, MO
20,054
Population
8,185
Households
2.5
Avg Household Size
36
Median Age
30%
College-Educated
95%
High-School Grad
31.8 sq mi
ZIP Area
631
Density / Sq Mi
$89,074
Median Household Income
$50,332
Median Earnings
$1,369
Median Rent
$284,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - One-level duplex with refreshed interiors, attached garage, patio space, and access to shopping, schools, and highways.
Where is this duplex located?
The property is located at 1019 Christie Lane Grain Valley, MO.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: Duplex built in 2001; New roof, carpet, paint, HVAC, and water heater; Open‑concept living, dining, and kitchen areas
