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Single-Level Residential Income Property
For Sale
$339,950

1910 Shellbark Street, Raymore, MO 64083

Residential, Traditional, Raymore, MO

Property Size1,564 SF
Lot Size0.17 Acres
Price / SF$217.36
Days on Market41

Property Features for 1910 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 Dining Room, Bathroom 2, Bathroom 1, Bedroom 1, Laundry Room, Bedroom 2, Bedroom 3, Laundry Room, Bathroom 3
Parking features Garage
Patio and Porch features Patio
Interior features Ceiling Fan(s), Custom Cabinets, Kitchen Island, Painted Cabinets, 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 A
HOA Fee $150 Monthly
Legal Description TIMBER RIDGE LOT 10 A

Utilities

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

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- Leawood Town Center · Reece & Nichols
Listed By: Shelly Balthazor
Added: Sep 1 Changed: Oct 10 Last Checked: Oct 11 at 2:06PM
MLS# 2639754

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 under-construction, single-level twin villa offers 1,564 square feet with three bedrooms, 2.5 bathrooms, and a two-car garage on a 0.167-acre lot. The open living area connects to a kitchen with an island, custom cabinetry, and a pantry. The primary bathroom has a tiled shower with a built-in seat, and select entryways measure 36 inches wide.

Exterior construction includes James Hardie ColorPlus siding with a 15-year finish warranty and a 30-year non-prorated substrate warranty. The home also has double-wall construction, a 96% AFUE furnace, and 14 SEER air conditioning. Lawn maintenance and snow removal are provided, and the community has a sprinkler system. I-49/71, a regional hospital, and shopping and dining are minutes away.

Key Highlights

  • Single‑level twin villa with 1,564 square feet
  • Three bedrooms, 2.5 bathrooms, and a two‑car garage
  • 0.167‑acre lot; under construction with a 2026 year built

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,973
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,460 $239.5K
Cap Rate 7%
$171,043 $171.0K
Cap Rate 9%
$133,033 $133.0K
Market Conditions
NOI Build-Up for 1,564 SF
Gross rent
$22.1K $14.16/SF
− Vacancy
−$376 −$0.24/SF
EGI
$21.8K $13.92/SF
− OpEx
−$9.8K −$6.26/SF
NOI
$12.0K $7.66/SF
Area
Cass County, MO
Vacancy
1.70%
Lease Rate
$14.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,460
Cap Rate 7%
$171,043
Cap Rate 9%
$133,033

Alternative Uses

Best Use
Apartment 5plus
$171.0K
$149.7K – $199.6K (±1% cap)
NOI $11,973 @ 7.0% cap · market cap 3.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.6K
$308.6K – $411.4K (±1% cap)
NOI $24,684 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

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
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?
Residential income property - The twin villa includes lawn care and snow removal through the community.
Where is this residential income property located?
The property is located at 1910 Shellbark Street Raymore, MO.
What is the asking price?
The asking price for this property is $339,950.
What are key features of this property?
This property features: Single‑level twin villa with 1,564 square feet; Three bedrooms, 2.5 bathrooms, and a two‑car garage; 0.167‑acre lot; under construction with a 2026 year built
More about this property
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