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Single-Level Duplex Residence
For Sale
$344,950

1908 Shellbark Street, Raymore, MO 64083

Residential, Traditional, Raymore, MO

Property Size1,564 SF
Lot Size0.17 Acres
Price / SF$220.56
Days on Market47

Property Features for 1908 Shellbark Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Bedrooms 3
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 3, Bathroom 1, Laundry Room, Bedroom 2, Bedroom 1, Laundry Room, Bathroom 2, Dining Room, Bedroom 3
Parking features Garage
Patio and Porch features Patio
Interior features Ceiling Fan(s), Custom Cabinets, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
Appliances Dishwasher, Disposal, Microwave, Electric Range, Stainless Steel Appliance(s)
Subdivision Timber Ridge
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 Timber Ridge Drive. Go Left/ North on timber Ridge Drive to Shellbark, turn left onto Shellbark and this home will be on your left. Welcome Home!
Standard status Active
APN 04-04-17-200-000-039.021
Size 1,564 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description TIMBER RIDGE LOT 10 B
HOA Fee $150 Monthly
Legal Description TIMBER RIDGE LOT 10 B

Utilities

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

Amenities

community sprinkler system

Building Details

Year built 2026
Flooring type Carpet, Vinyl, Tile
Building materials Frame, Lap Siding, Stone Veneer
Roof type Composition
Architectural style Other
Listing Agency: ReeceNichols - Lees Summit · Reece & Nichols
Listed By: Missy Barron
Added: Sep 3 Changed: Oct 16 Last Checked: Oct 19 at 10:06PM
MLS# 2640322

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 under-construction duplex property offers 1,564 square feet with three bedrooms, 2.5 bathrooms, and a two-car garage. The home is arranged for single-level living and includes a kitchen island, pantry, custom cabinets, vaulted ceiling, walk-in closet, and patio. The primary suite has a tiled shower with a built-in seat, while 36-inch-wide primary entry doors and select interior doorways support easier passage.

Construction features include James Hardie ColorPlus siding, double-wall construction, a 96% AFUE furnace, and 14 SEER air conditioning. Public water and sewer serve the property, and the community provides a sprinkler system. The 0.167-acre site is in Raymore, minutes from I-49/71 Highway, a regional hospital, shopping, dining, and everyday services.

Key Highlights

  • 1,564‑square‑foot home with 3 bedrooms and 2.5 bathrooms
  • 0.167‑acre lot and 2‑car garage
  • Single‑level layout with 36‑inch‑wide primary entry doors and select interior doorways

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,443
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,860 $268.9K
Cap Rate 7%
$192,043 $192.0K
Cap Rate 9%
$149,367 $149.4K
Market Conditions
NOI Build-Up for 1,564 SF
Gross rent
$19.5K $12.48/SF
− Vacancy
−$314 −$0.20/SF
EGI
$19.2K $12.28/SF
− OpEx
−$5.8K −$3.68/SF
NOI
$13.4K $8.60/SF
Area
Cass County, MO
Vacancy
1.61%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,860
Cap Rate 7%
$192,043
Cap Rate 9%
$149,367

Alternative Uses

Best Use
Multifamily LT 5
$192.0K
$168.0K – $224.1K (±1% cap)
NOI $13,443 @ 7.0% cap · market cap 3.90%
Second Best
Apartment 5plus
$171.0K
$149.7K – $199.6K (±1% cap)
NOI $11,973 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$352.6K
$308.6K – $411.4K (±1% cap)
NOI $24,684 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

381
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

Frequently Asked Questions

What type of property is this?
Duplex - The 3-bedroom interior includes a 2-car garage, a kitchen island, and wider primary entry doors.
Where is this duplex located?
The property is located at 1908 Shellbark Street Raymore, MO.
What is the asking price?
The asking price for this property is $344,950.
What are key features of this property?
This property features: 1,564‑square‑foot home with 3 bedrooms and 2.5 bathrooms; 0.167‑acre lot and 2‑car garage; Single‑level layout with 36‑inch‑wide primary entry doors and select interior doorways
More about this property
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