Single-Level Duplex with
For Sale
$332,581
212 Ironwood Drive, Raymore, MO 64083
DUPLEX - Other - Raymore, MO
Property Size1,564 SF
Lot Size0.22 Acres
Price / SF$212.65
Days on Market23
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 3, Bathroom 3, 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, Walk-In Closet(s)
Appliances
Dishwasher, Disposal, Humidifier, 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 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
Active
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
(913) 345-0700
Listed By:
Shelly Balthazor
(816) 591-6277
Added: Jul 15
Changed: Aug 4
Last Checked: Aug 6 at 3:06AM
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.
Investment Insights
Based on property information with market context.
This under-construction duplex is designed as a single-level ranch twin villa with 1,564 square feet of living area. The open interior includes three bedrooms, three bathrooms, a dining room, laundry room, kitchen island, pantry, and walk-in closet. Interior selections include painted cabinetry, stainless steel appliances, vinyl and carpet flooring, and a primary bath with a tiled shower and built-in seat. A patio, garage, ceiling fan, public water, and public sewer add everyday functionality.
The planned 2026 completion is part of Timber Ridge, a new community with lawn care and snow removal included. The property is a few minutes from the I-49/71 Hwy. exit, with a regional hospital, stores, and restaurants also located within minutes. Construction features include James Hardie ColorPlus siding, stone veneer, double-wall construction, a 96% AFUE furnace, and 14 SEER A/C.
The planned 2026 completion is part of Timber Ridge, a new community with lawn care and snow removal included. The property is a few minutes from the I-49/71 Hwy. exit, with a regional hospital, stores, and restaurants also located within minutes. Construction features include James Hardie ColorPlus siding, stone veneer, double-wall construction, a 96% AFUE furnace, and 14 SEER A/C.
Key Highlights
- 1,564‑square‑foot single‑level duplex with 3 bedrooms and 3 bathrooms
- 0.22‑acre lot in Timber Ridge
- Under construction with planned 2026 completion
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 | $19.5k | $12.48 |
| − Vacancy | −$314 | −$0.20 |
| EGI | $19.2k | $12.28 |
| − OpEx | −$5.8k | −$3.68 |
| NOI | $13.4k | $8.60 |
1,564 SF · lease $12.48/SF/yr · vacancy 1.61% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$192.0K
$168.0K – $224.1K
NOI $13,443 @ 7.0% cap · market cap 4.04%
Second Best
Apartment 5plus
$171.0K
$149.7K – $199.6K
NOI $11,973 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$352.6K
$308.6K – $411.4K
NOI $24,684 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
181
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 - Under-construction ranch duplex with modern finishes, attached garage parking, and lawn and snow service included.
Where is this duplex located?
The property is located at 212 Ironwood Drive Raymore, MO.
What is the asking price?
The asking price for this property is $332,581.
What are key features of this property?
This property features: 1,564‑square‑foot single‑level duplex with 3 bedrooms and 3 bathrooms; 0.22‑acre lot in Timber Ridge; Under construction with planned 2026 completion
