Single-Level Ranch
For Sale
$369,139
214 Ironwood Drive, Raymore, MO 64083
DUPLEX - Other - Raymore, MO
Property Size1,564 SF
Lot Size0.22 Acres
Price / SF$236.02
Days on Market23
Property Features for 214 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
Laundry Room, Bedroom 2, Bathroom 3, Dining Room, Laundry Room, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1
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, Humidifier, Microwave, Refrigerator, Gas Range, Stainless Steel Appliance(s)
Subdivision
Timber Ridge Estates
Lot features
City Lot, Corner 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 A
HOA Fee
$150 Monthly
Legal Description
TIMBER RIDGE LOT 19 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
(913) 345-0700
Listed By:
Shelly Balthazor
(816) 591-6277
Added: Jul 15
Changed: Aug 4
Last Checked: Aug 6 at 4:06AM
MLS# 2631567
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 presents a single-level ranch twin-villa design with 1,564 square feet of living area and a 0.22-acre lot. The open plan includes three bedrooms, three bathrooms, a dining area, laundry room, kitchen island, pantry, vaulted ceiling, and walk-in closet. Interior selections include luxury vinyl plank, tile, carpet, quartz countertops, custom cabinetry, stainless steel appliances, a gas range, and a tiled primary shower. Additional features include a patio, garage, ceiling fan, sprinkler system, window blinds, and garage opener.
The home is located at 214 Ironwood Drive in Raymore, Missouri, within the Timber Ridge community, where lawn maintenance is provided. Public water and public sewer serve the property. Construction materials include frame construction, lap siding, and stone veneer, with a composition roof. Heating is provided by natural gas and cooling by electric service.
The home is located at 214 Ironwood Drive in Raymore, Missouri, within the Timber Ridge community, where lawn maintenance is provided. Public water and public sewer serve the property. Construction materials include frame construction, lap siding, and stone veneer, with a composition roof. Heating is provided by natural gas and cooling by electric service.
Key Highlights
- Single‑level ranch twin‑villa duplex design
- 1,564 square feet on a 0.22‑acre lot
- Under construction with 2026 year built
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 3.64%
Second Best
Apartment 5plus
$171.0K
$149.7K – $199.6K
NOI $11,973 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$352.6K
$308.6K – $411.4K
NOI $24,684 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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 duplex with modern finishes, attached garage, patio, and lawn maintenance provided within the community.
Where is this duplex located?
The property is located at 214 Ironwood Drive Raymore, MO.
What is the asking price?
The asking price for this property is $369,139.
What are key features of this property?
This property features: Single‑level ranch twin‑villa duplex design; 1,564 square feet on a 0.22‑acre lot; Under construction with 2026 year built
