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New-Construction Duplex
For Sale
$374,678

214 Ironwood Drive, Raymore, MO 64083

Residential, Traditional, Raymore, MO

Property Size1,564 SF
Lot Size0.22 Acres
Price / SF$239.56
Days on Market115

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, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Laundry Room, Dining Room, Bathroom 3, Bathroom 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
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 2318678
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, Central
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 - Lees Summit · Reece & Nichols
Listed By: Missy Barron · License #2010034370
Added: Jul 15 Changed: Oct 30 Last Checked: Nov 6 at 10:06AM
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.

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Investment Insights

Based on property information with market context.

Under construction for 2026 completion, this 1,564-square-foot duplex presents a single-level ranch layout with an open living arrangement, three bedrooms, three bathrooms, dining space, laundry areas, and a patio. The home includes a garage, walk-in closet, kitchen island, pantry, vaulted ceiling, ceiling fans, custom cabinetry, quartz countertops, a gas range, stainless steel appliances, luxury vinyl plank flooring, carpet, and tile. Interior selections include a tiled backsplash, upgraded bathroom finishes, window blinds, soft-close cabinetry, and built-in storage features.

Exterior and mechanical details include James Hardie siding with stone veneer, double-wall construction, a composition roof, natural-gas heating, electric cooling, a 96% AFUE furnace, and a 14 SEER A/C unit. Public water and public sewer serve the property, which occupies 0.22 acres in Timber Ridge, a Raymore community with lawn maintenance provided and outdoor sprinkler systems included.

Key Highlights

  • 1,564 square feet on a 0.22‑acre lot
  • Duplex with single‑level ranch configuration and open layout
  • Under construction with a 2026 year built

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,973
Cap Rate
3.20%
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 3.20%
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 6.59%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

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 ranch design with modern finishes, attached garage access, and a lawn-maintenance-provided community setting.
Where is this single family property located?
The property is located at 214 Ironwood Drive Raymore, MO.
What is the asking price?
The asking price for this property is $374,678.
What are key features of this property?
This property features: 1,564 square feet on a 0.22‑acre lot; Duplex with single‑level ranch configuration and open layout; Under construction with a 2026 year built
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