Two-Story Duplex
New
For Sale
$312,710
3540 SE Sunset Ridge Drive, Lees Summit, MO 64083
Residential, Traditional, Lee's Summit, MO
Property Size1,900 SF
Lot Size0.11 Acres
Price / SF$164.58
Days on Market3
Property Features for 3540 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
Laundry Room, Bathroom 3, Bedroom 1, Bathroom 1, Laundry Room, Bedroom 3, Bathroom 2, Basement, Bedroom 4, Bedroom 2, Dining Room
Interior features
Ceiling Fan(s), Custom Cabinets, Kitchen Island, Pantry, Walk-In Closet(s)
Basement
Concrete, Full
Appliances
Cooktop, Dishwasher, Disposal, 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 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 811
HOA Fee
$900 Annually
Legal Description
Cobey Creek lot 811
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Electric
Water source
Public
Building Details
Year built
2027
Flooring type
Vinyl, Carpet
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 27
Changed: Oct 28
Last Checked: Oct 29 at 1:06AM
MLS# 2649093
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,900-square-foot residence represents one half of a duplex and is under construction at the foundation stage. The two-story plan includes four bedrooms and 2.5 bathrooms, with the bedrooms and laundry room upstairs. On the main floor, the kitchen connects with the dining and living areas and includes an island, custom cabinetry, and a walk-in pantry. The primary suite features a double-sink bathroom, shower, and walk-in closet.
The property occupies a 0.1148-acre lot. Public water and sewer serve the site, and the stated year built is 2027.
The property occupies a 0.1148-acre lot. Public water and sewer serve the site, and the stated year built is 2027.
Key Highlights
- One half of a duplex, with 1,900 square feet of living area
- Four bedrooms and 2.5 bathrooms across two stories
- 0.1148‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,189
Cap Rate
5.82%
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 5.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$482.2K
$421.9K – $562.6K
NOI $33,755 @ 7.0% cap · market cap 10.79%
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
55
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 - Four bedrooms and an open main level organize this under-construction residence for everyday living.
Where is this residential income property located?
The property is located at 3540 SE Sunset Ridge Drive Lees Summit, MO.
What is the asking price?
The asking price for this property is $312,710.
What are key features of this property?
This property features: One half of a duplex, with 1,900 square feet of living area; Four bedrooms and 2.5 bathrooms across two stories; 0.1148‑acre lot
