Under-Construction
New
For Sale
$320,927
Pending
1923 Hazel Street, Raymore, MO 64083
Residential, Traditional, Raymore, MO
Property Size1,276 SF
Lot Size0.13 Acres
Days on Market7
Property Features for 1923 Hazel Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Dining Room, Bathroom 2, Laundry Room, Bedroom 2, Bedroom 1, Laundry Room
Parking features
Garage
Patio and Porch features
Patio, Deck
Interior features
Ceiling Fan(s), Custom Cabinets, Kitchen Island, Painted Cabinets, Pantry, Walk-In Closet(s)
Basement
Walk-Out Access
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 on 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. Turn Left (North) onto Ironwood Drive. Turn Right (East) on to Hazel Street. House is on the corner. Welcome Home!
Standard status
Pending
APN
999999
Size
1,276 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Description
TIMBER RIDGE LOT 20 B
HOA Fee
$150 Monthly
Legal Description
TIMBER RIDGE LOT 20 B
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
(913) 345-0700
Listed By:
Shelly Balthazor
(816) 591-6277
Added: Oct 7
Last Checked: Oct 13 at 7:06PM
MLS# 2646069
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 duplex property is under construction and is planned for completion in 2026. The 1,276-square-foot layout includes two bedrooms, two bathrooms, a dining room, and a laundry room. Interior features include custom cabinets, a kitchen island, a pantry, and a walk-in closet. A garage, patio, and deck are also included.
The property occupies a 0.1345-acre lot at 1923 Hazel Street in Raymore, Missouri. Public water and sewer serve the site.
The property occupies a 0.1345-acre lot at 1923 Hazel Street in Raymore, Missouri. Public water and sewer serve the site.
Key Highlights
- 1,276 square feet with two bedrooms and two bathrooms
- 0.1345‑acre lot at 1923 Hazel Street, Raymore, MO 64083
- Under construction; year built listed as 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,968
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$219,360
$219.4K
Cap Rate 7%
$156,686
$156.7K
Cap Rate 9%
$121,867
$121.9K
Market Conditions
NOI Build-Up for 1,276 SF
Gross rent
$15.9K $12.48/SF
− Vacancy
−$256 −$0.20/SF
EGI
$15.7K $12.28/SF
− OpEx
−$4.7K −$3.68/SF
NOI
$11.0K $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%
$219,360
Cap Rate 7%
$156,686
Cap Rate 9%
$121,867
Alternative Uses
Best Use
Multifamily LT 5
$156.7K
$137.1K – $182.8K
NOI $10,968 @ 7.0% cap · market cap 3.42%
Second Best
Apartment 5plus
$139.6K
$122.1K – $162.8K
NOI $9,769 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$287.7K
$251.7K – $335.6K
NOI $20,138 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
Explore this area
Business Placement
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
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 - Interior features include a kitchen island, pantry, and walk-in closet.
Where is this duplex located?
The property is located at 1923 Hazel Street Raymore, MO.
What is the asking price?
The asking price for this property is $320,927.
What are key features of this property?
This property features: 1,276 square feet with two bedrooms and two bathrooms; 0.1345‑acre lot at 1923 Hazel Street, Raymore, MO 64083; Under construction; year built listed as 2026
