Under-Construction
For Sale
$313,831
Pending
3545 SE Kings Tree Drive, Lees Summit, MO 64083
Residential, Traditional, Lee's Summit, MO
Property Size1,722 SF
Lot Size0.11 Acres
Days on Market31
Property Features for 3545 SE Kings Tree 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
Bathroom 2, Bathroom 1, Bedroom 3, Bathroom 3, Basement, Bedroom 2, Laundry Room, Bedroom 1
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
At Hwy 150 and Hwy 291, head east on Hwy 150. Head north on Kings Tree Drive and home is on the left.
Standard status
Pending
APN
09-812-00-07-01-0-00-000
Size
1,722 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
Cobey Creek Lot 411
Tax Annual Amount
4268
HOA Fee
$75 Monthly
Legal Description
Cobey Creek Lot 411
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
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:
Tina Parr
(913) 433-6920
Added: Sep 29
Changed: Oct 24
Last Checked: Oct 29 at 12:06AM
MLS# 2648283
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 duplex is under construction and is listed at 1,722 square feet on a 0.1148-acre lot. The room schedule includes three bedrooms, three bathrooms, a laundry room, and a basement. Board-and-batten siding and a composition roof are specified, with natural gas central heating and electric cooling. The appliance package includes a dishwasher, microwave, and electric range.
The property is located at 3545 SE Kings Tree Drive in Lee's Summit, Missouri. Public water and public sewer serve the site.
The property is located at 3545 SE Kings Tree Drive in Lee's Summit, Missouri. Public water and public sewer serve the site.
Key Highlights
- 1,722‑square‑foot duplex on a 0.1148‑acre lot
- Under construction; year built listed as 2027
- Room schedule includes 3 bedrooms, 3 bathrooms, a laundry room, and a basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,453
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,060
$369.1K
Cap Rate 7%
$263,614
$263.6K
Cap Rate 9%
$205,033
$205.0K
Market Conditions
NOI Build-Up for 1,722 SF
Gross rent
$27.9K $16.20/SF
− Vacancy
−$1.5K −$0.89/SF
EGI
$26.4K $15.31/SF
− OpEx
−$7.9K −$4.59/SF
NOI
$18.5K $10.72/SF
Area
Lees Summit, MO
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,060
Cap Rate 7%
$263,614
Cap Rate 9%
$205,033
Alternative Uses
Best Use
Multifamily LT 5
$263.6K
$230.7K – $307.6K
NOI $18,453 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$235.5K
$206.1K – $274.8K
NOI $16,485 @ 7.0% cap · market cap 5.25%
Theoretical Best
Specialty Retail
$437.0K
$382.4K – $509.9K
NOI $30,593 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - The property includes three bedrooms, three bathrooms, a laundry room, and a basement.
Where is this duplex located?
The property is located at 3545 SE Kings Tree Drive Lees Summit, MO.
What is the asking price?
The asking price for this property is $313,831.
What are key features of this property?
This property features: 1,722‑square‑foot duplex on a 0.1148‑acre lot; Under construction; year built listed as 2027; Room schedule includes 3 bedrooms, 3 bathrooms, a laundry room, and a basement
