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New Construction Duplex
For Sale
$329,908
Pending

212 Ironwood Drive, Raymore, MO 64083

Residential, Traditional, Raymore, MO

Property Size1,564 SF
Lot Size0.22 Acres
Days on Market115

Property Features for 212 Ironwood Drive

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 Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Dining Room, Bathroom 3, Laundry Room, Laundry Room
Parking features Garage
Patio and Porch features Patio
Interior features Ceiling Fan(s), Custom Cabinets, Kitchen Island, Painted Cabinets, Pantry, Walk-In Closet(s)
Appliances Dishwasher, Disposal, Humidifier, 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. Welcome Home!
Standard status Pending
APN 04-04-17-200-000-039.030
Size 1,564 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Description TIMBER RIDGE LOT 19 B
HOA Fee $150 Monthly
Legal Description TIMBER RIDGE LOT 19 B

Utilities

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

Building Details

Year built 2026
Flooring type 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 15 Changed: Oct 28 Last Checked: Nov 6 at 10:06AM
MLS# 2631680

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 offers 1564 square feet in a single-level ranch twin-villa layout. The interior includes an open living and dining arrangement, a kitchen with white cabinetry, island, pantry, dishwasher, disposal, microwave, electric range, and stainless steel appliances, plus three bedrooms, three bathrooms, and a laundry room. The primary bath features a tiled shower with a built-in seat. A garage, patio, ceiling fan, walk-in closet, and sprinkler system add practical functionality.

The home is planned for completion in 2026 and uses James Hardie ColorPlus siding, double-wall construction, a 96% AFUE furnace, and 14 SEER air conditioning. Public water and sewer serve the property. Lawn care and snow removal are included within the Timber Ridge community, which is a couple of minutes from the I-49/71 Hwy. exit and near a regional hospital, stores, and restaurants.

Key Highlights

  • 1564 square feet in a single‑level ranch duplex layout
  • 0.22‑acre lot with garage and patio
  • Three bedrooms and three bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,973
Cap Rate
3.63%
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 3.63%
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 7.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units
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

Frequently Asked Questions

What type of property is this?
Single family property - Single-level layout with lawn care and snow removal included.
Where is this single family property located?
The property is located at 212 Ironwood Drive Raymore, MO.
What is the asking price?
The asking price for this property is $329,908.
What are key features of this property?
This property features: 1564 square feet in a single‑level ranch duplex layout; 0.22‑acre lot with garage and patio; Three bedrooms and three bathrooms
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