Two-Story
New
For Sale
$299,150
3547 SE Kings Tree Drive, Lees Summit, MO 64083
Residential, Traditional, Lee's Summit, MO
Property Size1,722 SF
Lot Size0.11 Acres
Price / SF$173.72
Days on Market2
Property Features for 3547 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
Laundry Room, Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2, Basement
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, left on SE Kings Tree Drive. Home is on your left.
Standard status
Active
APN
09-812-00-07-001.00
Size
1,722 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
Cobey Creek Lot 412
HOA Fee
$900 Annually
Legal Description
Cobey Creek Lot 412
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:
Lauren Roush
(417) 529-0472
Added: Oct 19
Changed: Oct 20
Last Checked: Oct 20 at 7:06PM
MLS# 2647908
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 duplex is planned as a two-story residence with 1,722 square feet, three bedrooms, and 2.5 bathrooms. The main floor connects the kitchen with the living and dining areas, and includes a walk-in pantry and half bath. Upstairs are the primary suite, two additional bedrooms, another bathroom, and the laundry room. The primary suite is designed with a double-sink vanity, separate water closet, walk-in closet, and large shower.
The 0.1148-acre property is served by public water and public sewer. Planned features include board-and-batten siding, a composition roof, central natural-gas heating, electric cooling, a dishwasher, microwave, and electric range. The stated year built is 2027. Images are renderings, and some depicted features may not be included in the completed home.
The 0.1148-acre property is served by public water and public sewer. Planned features include board-and-batten siding, a composition roof, central natural-gas heating, electric cooling, a dishwasher, microwave, and electric range. The stated year built is 2027. Images are renderings, and some depicted features may not be included in the completed home.
Key Highlights
- 1,722 square feet on a 0.1148‑acre lot
- Three bedrooms and 2.5 bathrooms across two levels
- Primary suite planned with double sinks, a separate water closet, walk‑in closet, and large shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,453
Cap Rate
6.17%
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 6.17%
Second Best
Apartment 5plus
$235.5K
$206.1K – $274.8K
NOI $16,485 @ 7.0% cap · market cap 5.51%
Theoretical Best
Specialty Retail
$437.0K
$382.4K – $509.9K
NOI $30,593 @ 7.0% cap · market cap 10.23%
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 upper level groups three bedrooms with the laundry room and a shared bathroom.
Where is this duplex located?
The property is located at 3547 SE Kings Tree Drive Lees Summit, MO.
What is the asking price?
The asking price for this property is $299,150.
What are key features of this property?
This property features: 1,722 square feet on a 0.1148‑acre lot; Three bedrooms and 2.5 bathrooms across two levels; Primary suite planned with double sinks, a separate water closet, walk‑in closet, and large shower
