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New Construction Duplex
For Sale
$305,420

1906 Shellbark Street, Raymore, MO 64083

DUPLEX - Other - Raymore, MO

Property Size1,211 SF
Lot Size0.14 Acres
Price / SF$252.20
Days on Market22

Property Features for 1906 Shellbark Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Laundry Room, Bathroom 1, Dining Room, Laundry Room, Bathroom 2, Bedroom 1, Bedroom 2
Parking features Garage
Patio and Porch features Patio
Interior features Ceiling Fan(s), Custom Cabinets, Kitchen Island, Painted Cabinets, Pantry, Stained Cabinets, Walk-In Closet(s)
Appliances Dishwasher, Disposal, Microwave, Electric Range, Stainless Steel Appliance(s)
Subdivision Timber Ridge Estates
Lot features City Lot, Sprinkler- In Ground
Elementary school Eagle Glen
Middle school Raymore-Peculiar East
High school Raymore-Peculiar
Elementary school district Raymore-Peculiar
Middle school district Raymore-Peculiar
High school district Raymore-Peculiar
Directions Timber Ridge is just East of Dean off Johnston Drive and just a few blocks South of 58 Hwy. Take I-49 to 58 Hwy. from 58 Hwy., take E. Outer Road to Johnston Drive. Take Johnston Drive East, just past Dean to Ironwood Drive. Welcome Home!
Standard status Active
APN 04-04-17-200-000-039.020
Size 1,211 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Description TIMBER RIDGE LOT 9 A
HOA Fee $150 Monthly
Legal Description TIMBER RIDGE LOT 9 A

Utilities

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

Building Details

Year built 2026
Flooring type Tile, Carpet, Vinyl
Building materials Frame, Lap Siding, Stone Veneer
Roof type Composition
Architectural style Other
Listing Agency: ReeceNichols- Leawood Town Center · Reece & Nichols
Listed By: Shelly Balthazor
Added: Jul 16 Changed: Aug 4 Last Checked: Aug 6 at 3:06AM
MLS# 2632034

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.

Under construction at 1906 Shellbark Street, this 1,211-square-foot duplex residence offers a single-level twin-villa design with 2 bedrooms, 2 bathrooms, and a 1-car garage. The open floor plan connects the living, dining, and kitchen areas, while the primary suite includes tiled shower walls and flooring. A patio, laundry room, walk-in closet, kitchen island, pantry, and ceiling fan add practical functionality.

Interior selections include stained cabinetry, quartz countertops, a tile backsplash, luxury vinyl plank flooring, carpet, tile, and stainless steel appliances. Construction features include James Hardie ColorPlus siding, double-wall construction, a 96% AFUE furnace, 14 SEER A/C, and a sprinkler system. The 0.1391-acre property has public water and public sewer service, with planned lawn maintenance provided.

Key Highlights

  • 1,211‑square‑foot single‑level duplex residence
  • 2 bedrooms, 2 bathrooms, and a 1‑car garage
  • 0.1391‑acre lot with patio and planned lawn maintenance

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 $15.1k $12.48
− Vacancy −$243 −$0.20
EGI $14.9k $12.28
− OpEx −$4.5k −$3.68
NOI $10.4k $8.60
1,211 SF · lease $12.48/SF/yr · vacancy 1.61% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$148.7K
$130.1K – $173.5K (±1% cap)
NOI $10,409 @ 7.0% cap · market cap 3.41%
Second Best
Apartment 5plus
$132.4K
$115.9K – $154.5K (±1% cap)
NOI $9,271 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$273.0K
$238.9K – $318.5K (±1% cap)
NOI $19,112 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

Multi-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

181
Businesses Nearby

Demographics for 64083, MO

24,945
Population
10,058
Households
2.5
Avg Household Size
40
Median Age
37%
College-Educated
95%
High-School Grad
25.7 sq mi
ZIP Area
971
Density / Sq Mi
$99,575
Median Household Income
$53,042
Median Earnings
$1,262
Median Rent
$316,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Single-level twin-villa living combines lawn maintenance with designer finishes and an open-concept interior.
Where is this duplex located?
The property is located at 1906 Shellbark Street Raymore, MO.
What is the asking price?
The asking price for this property is $305,420.
What are key features of this property?
This property features: 1,211‑square‑foot single‑level duplex residence; 2 bedrooms, 2 bathrooms, and a 1‑car garage; 0.1391‑acre lot with patio and planned lawn maintenance
More about this property
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