Three-Bedroom Duplex
New
For Sale
$292,836
3500 SE Sunset Ridge Drive, Lees Summit, MO 64083
Residential, Traditional, Lee's Summit, MO
Property Size1,722 SF
Lot Size0.11 Acres
Price / SF$170.06
Days on Market2
Property Features for 3500 SE Sunset Ridge 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
Basement, Laundry Room, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 2
Basement
Concrete
Appliances
Dishwasher, Microwave, Electric Range
Subdivision
Cobey Creek
Middle school
Summit Lakes
High school
Lee's Summit West
Elementary school district
Lee's Summit
Middle school district
Lee's Summit
High school district
Lee's Summit
Directions
From 50 Hwy, take 291 South exit and go South. Take the 150 Hwy exit and go east towards Greenwood. Turn left on Cobey Creek Dr, turn right on SE Sunset Ridge Drive. Home is on your right.
Standard status
Active
APN
999999
Size
1,722 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
Cobey Creek Lot 911
HOA Fee
$900 Annually
Legal Description
Cobey Creek Lot 911
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Electric
Water source
Public
Building Details
Year built
2027
Building materials
Board & Batten Siding
Roof type
Composition
Architectural style
Other
Listing Agency:
Platinum Realty LLC
(888) 220-0988
Listed By:
Lauren Roush
(417) 529-0472
Added: Oct 23
Last Checked: Oct 24 at 1:06AM
MLS# 2648699
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 half of a duplex is a two-story residence with 1,722 square feet, three bedrooms and 2.5 bathrooms. The main level combines the kitchen, living and dining areas, with a walk-in pantry and half bath nearby. Upstairs are the primary suite, two additional bedrooms, a full bathroom and the laundry room. The primary bathroom includes double sinks, a shower and a separate water closet. The lower level may be finished with a recreation room, bedroom and bathroom. Specified appliances include a dishwasher, microwave and electric range.
The home occupies a 0.1148-acre lot and has public water and sewer service. Construction materials include board-and-batten siding; heating is central natural gas, with electric cooling. The stated year built is 2027.
The home occupies a 0.1148-acre lot and has public water and sewer service. Construction materials include board-and-batten siding; heating is central natural gas, with electric cooling. The stated year built is 2027.
Key Highlights
- Half of a duplex with 1,722 square feet
- Three bedrooms and 2.5 bathrooms across two stories
- 0.1148‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,485
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,700
$329.7K
Cap Rate 7%
$235,500
$235.5K
Cap Rate 9%
$183,167
$183.2K
Market Conditions
NOI Build-Up for 1,722 SF
Gross rent
$31.6K $18.36/SF
− Vacancy
−$1.6K −$0.95/SF
EGI
$30.0K $17.41/SF
− OpEx
−$13.5K −$7.83/SF
NOI
$16.5K $9.57/SF
Area
Lees Summit, MO
Vacancy
5.20%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,700
Cap Rate 7%
$235,500
Cap Rate 9%
$183,167
Alternative Uses
Best Use
Apartment 5plus
$235.5K
$206.1K – $274.8K
NOI $16,485 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$437.0K
$382.4K – $509.9K
NOI $30,593 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
85
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
Frequently Asked Questions
What type of property is this?
Residential income property - The two-story layout places all three bedrooms and the laundry room on the upper floor.
Where is this residential income property located?
The property is located at 3500 SE Sunset Ridge Drive Lees Summit, MO.
What is the asking price?
The asking price for this property is $292,836.
What are key features of this property?
This property features: Half of a duplex with 1,722 square feet; Three bedrooms and 2.5 bathrooms across two stories; 0.1148‑acre lot
