Duplex Residence with Open
New
For Sale
$319,800
3512 SE Sunset Ridge Drive, Lees Summit, MO 64083
Residential, Traditional, Lee's Summit, MO
Property Size1,900 SF
Lot Size0.11 Acres
Price / SF$168.32
Days on Market3
Property Features for 3512 SE Sunset Ridge Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Dining Room, Bathroom 2, Bedroom 4, Laundry Room, Bedroom 3, Bedroom 2, Bathroom 1, Basement, Bedroom 1, Bathroom 3, Laundry Room
Interior features
Ceiling Fan(s), Custom Cabinets, Kitchen Island, Pantry, Walk-In Closet(s)
Basement
Full, Concrete
Appliances
Cooktop, Dishwasher, Disposal, Microwave, Electric Range
Subdivision
Cobey Creek
Elementary school
Trailridge
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 SE Cobey Creek Dr, turn right on SE Sunset Ridge Drive. Home is on your right.
Standard status
Active
APN
999999
Size
1,900 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
Cobey Creek lot 881
HOA Fee
$900 Annually
Legal Description
Cobey Creek lot 881
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Electric
Water source
Public
Building Details
Year built
2027
Flooring type
Carpet, Vinyl
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 30
Changed: Oct 31
Last Checked: Nov 1 at 6:06PM
MLS# 2649713
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 1,900-square-foot half-duplex is under construction, with completion identified for 2027. The two-story layout places the kitchen, living, and dining areas on the main level, while all four bedrooms and the laundry room are upstairs. Interior features include a kitchen island, custom cabinets, pantry, and walk-in closet. The primary bathroom is described with double sinks and a large shower. Listed appliances include a cooktop, electric range, dishwasher, disposal, and microwave.
The property occupies a 0.1148-acre lot and has public water and sewer service. Exterior materials include board-and-batten siding beneath a composition roof. Heating is central natural gas, and cooling is electric.
The property occupies a 0.1148-acre lot and has public water and sewer service. Exterior materials include board-and-batten siding beneath a composition roof. Heating is central natural gas, and cooling is electric.
Key Highlights
- Half of a duplex; property is under construction
- 1,900 square feet across two stories
- Four bedrooms and 2.5 baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,189
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,780
$363.8K
Cap Rate 7%
$259,843
$259.8K
Cap Rate 9%
$202,100
$202.1K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$34.9K $18.36/SF
− Vacancy
−$1.8K −$0.95/SF
EGI
$33.1K $17.41/SF
− OpEx
−$14.9K −$7.83/SF
NOI
$18.2K $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%
$363,780
Cap Rate 7%
$259,843
Cap Rate 9%
$202,100
Alternative Uses
Best Use
Apartment 5plus
$259.8K
$227.4K – $303.2K
NOI $18,189 @ 7.0% cap · market cap 5.69%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$482.2K
$421.9K – $562.6K
NOI $33,755 @ 7.0% cap · market cap 10.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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 home is under construction and includes four bedrooms, 2.5 baths, and a kitchen island.
Where is this residential income property located?
The property is located at 3512 SE Sunset Ridge Drive Lees Summit, MO.
What is the asking price?
The asking price for this property is $319,800.
What are key features of this property?
This property features: Half of a duplex; property is under construction; 1,900 square feet across two stories; Four bedrooms and 2.5 baths
