Ranch Duplex Under
1216 SE Cronin Street Lees Summit, MO 64081
For Sale
$349,362
DUPLEX - Other - Lee's Summit, MO
Property Size1,649 SF
Lot Size0.16 Acres
Price / SF$211.86
Days on Market50
Property Features for 1216 SE Cronin Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
3
Bathrooms
2
Rooms
Basement, Bathroom 2, Bathroom 1, Bedroom 1, Dining Room, Bedroom 2, Bedroom 3
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), Kitchen Island, Walk-In Closet(s)
Basement
Unfinished
Appliances
Dishwasher, Disposal, Microwave, Electric Range, Free-Standing Electric Oven
Standard status
Active
APN
999999
Size
1,649 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
Manor at Bailey Farms, Lot 220-1
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Electric
Water source
Public
Building Details
Year built
2026
Flooring type
Tile, Laminate, Carpet
Building materials
Frame, Stone Veneer
Roof type
Composition
Architectural style
Other
Listing Agency:
Platinum Realty LLC
(888) 220-0988
Listed By:
Lauren Roush
(417) 529-0472
Added: Jun 11
Changed: Jul 28
Last Checked: Jul 30 at 12:06AM
MLS# 2625638
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 ranch duplex is currently under construction and follows a “twin wildflower” home plan. The main floor features a spacious entry that opens to a bright, open-concept kitchen, dining, and living area. Three bedrooms are planned on the main level, including a primary suite with a shower and a generous walk-in closet. A full bath sits conveniently between the second and third bedrooms, which can serve as guest space or a home office.
The lower level is unfinished as presented, with the option to finish for additional living space, including a rec room, another bedroom, and an extra bathroom.
The property is located at 1216 SE Cronin Street in Lee’s Summit, Missouri (Jackson County).
The lower level is unfinished as presented, with the option to finish for additional living space, including a rec room, another bedroom, and an extra bathroom.
The property is located at 1216 SE Cronin Street in Lee’s Summit, Missouri (Jackson County).
Key Highlights
- Under construction with Year Built 2026; planned ranch layout with open‑concept kitchen, dining, and living area
- Main floor includes 3 bedrooms and a full bath; primary suite features a shower and a generous walk‑in closet
- Options to finish the lower level for added living space, including a rec room, another bedroom, and an extra bathroom
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 | $26.7k | $16.20 |
| − Vacancy | −$1.5k | −$0.89 |
| EGI | $25.2k | $15.31 |
| − OpEx | −$7.6k | −$4.59 |
| NOI | $17.7k | $10.72 |
1,649 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$252.4K
$220.9K – $294.5K
NOI $17,671 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$225.5K
$197.3K – $263.1K
NOI $15,786 @ 7.0% cap · market cap 4.52%
Theoretical Best
Specialty Retail
$418.5K
$366.2K – $488.3K
NOI $29,296 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Ranch-style duplex plan offers an open-concept living area and three main-floor bedrooms, with lower-level finishing potential.
Where is this duplex located?
The property is located at 1216 SE Cronin Street Lees Summit, MO.
What is the asking price?
The asking price for this property is $349,362.
What are key features of this property?
This property features: Under construction with Year Built 2026; planned ranch layout with open‑concept kitchen, dining, and living area; Main floor includes 3 bedrooms and a full bath; primary suite features a shower and a generous walk‑in closet; Options to finish the lower level for added living space, including a rec room, another bedroom, and an extra bathroom
