Ranch-Style
114 Basswood Court, Smithville, MO 64089
For Sale
New
$215,000
Residential, Traditional, Smithville, MO
Property Size1,077 SF
Lot Size0.08 Acres
Price / SF$199.63
Days on Market7
Property Features for 114 Basswood Court
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Window features
Patio and Porch features
Interior features
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
front deck
side patio
laundry closet
yard
storage shed
Building Details
Year built
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
ReeceNichols- Leawood Town Center · Reece & Nichols
(913) 345-0700
Listed By:
Jenni Bryan
(816) 863-9549
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 9 at 9:06AM
MLS# 2649807
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.
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Investment Insights
Based on property information with market context.
This 1,077-square-foot duplex was built in 1994 and has a ranch-style, single-level layout. The interior includes a living and dining area, kitchen with oak cabinetry and tile backsplash, two bedrooms, and a bathroom with a corner shower. A hall closet accommodates laundry, and French doors open to a side patio. The home also has an attached one-car garage, front deck, and yard with a storage shed. HVAC was described as 2 years old.
The property occupies a 0.08-acre lot in Smithville, Missouri. Public water and public sewer serve the property.
The property occupies a 0.08-acre lot in Smithville, Missouri. Public water and public sewer serve the property.
Key Highlights
- Duplex with 1,077 square feet of living area
- Two‑bedroom, one‑bathroom layout
- 0.08‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,125
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$182,500
$182.5K
Cap Rate 7%
$130,357
$130.4K
Cap Rate 9%
$101,389
$101.4K
Market Conditions
NOI Build-Up for 1,077 SF
Gross rent
$18.4K $17.04/SF
− Vacancy
−$1.8K −$1.64/SF
EGI
$16.6K $15.40/SF
− OpEx
−$7.5K −$6.93/SF
NOI
$9.1K $8.47/SF
Area
Clay County, MO
Vacancy
9.60%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$182,500
Cap Rate 7%
$130,357
Cap Rate 9%
$101,389
Alternative Uses
Best Use
Apartment 5plus
$130.4K
$114.1K – $152.1K
NOI $9,125 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$329.7K
$288.5K – $384.7K
NOI $23,082 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
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Business Placement
Demographics for 64089, MO
13,681
Population
5,471
Households
2.5
Avg Household Size
40
Median Age
34%
College-Educated
95%
High-School Grad
60.9 sq mi
ZIP Area
225
Density / Sq Mi
$101,063
Median Household Income
$58,482
Median Earnings
$1,212
Median Rent
$307,200
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Clay County, MO
Properties on Market for Residential income properties in Clay County
Frequently Asked Questions
What type of property is this?
Residential income property - A single-level layout pairs a living and dining area with a kitchen, two bedrooms, and a hall laundry closet.
Where is this residential income property located?
The property is located at 114 Basswood Court Smithville, MO.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Duplex with 1,077 square feet of living area; Two‑bedroom, one‑bathroom layout; 0.08‑acre lot
