Updated Duplex With Walkout
403 NW Highland Lane Blue Springs, MO 64014
403 NW Highland Lane, Blue Springs, MO, 64014
$239,950
Pending
For Sale
$239,950
Pending
DUPLEX - Blue Springs, MO
Property Size1,430 SF
Lot Size0.07 Acres
Days on Market44
Property Features for 403 NW Highland Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Basement, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
- Parking features
- Open, Garage
- Patio and Porch features
- Deck
- Fireplace
- 1
- Basement
- Walk-Out Access, Finished
- Appliances
- Dishwasher, Disposal, Microwave, Refrigerator
- Standard status
- Pending
- APN
- 36-440-10-08-00-0-00-000
- Size
- 1,430 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1400
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 2006
- Flooring type
- Carpet, Vinyl, Laminate
- Building materials
- Board & Batten Siding
- Roof type
- Composition
Listing Agency
Real Broker, LLC
(785) 329-9077
10895 Lowell Avenue Ste 100, Overland Park, MO
Listed by
Al Sien · License #SP00035628
(913) 226-5717
Added: Jun 5 Checked: Jul 18 at 6:06 am
MLS# 2624241
Listing URL
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.
Investment Insights
Based on property information with market context.
This fully updated 1/2 duplex features three bedrooms and two full baths, along with a walkout basement. The interior includes all-new flooring and new paint, and the bathrooms have been newly updated.
The property is located at 403 NW Highland Lane in Blue Springs, Missouri, in Jackson County.
All offers must include specific additional terms related to the seller’s intended IRC 1031 exchange and the buyer’s cooperation, including an assignment of the contract to Asset preservation, Inc. by the seller.
The property is located at 403 NW Highland Lane in Blue Springs, Missouri, in Jackson County.
All offers must include specific additional terms related to the seller’s intended IRC 1031 exchange and the buyer’s cooperation, including an assignment of the contract to Asset preservation, Inc. by the seller.
Key Highlights
- Fully updated 1/2 duplex with 3 bedrooms and 2 full baths
- Walkout basement adds additional finished living space
- New flooring throughout plus new paint
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.0k | $15.36 |
| − Vacancy | −$1.6k | −$1.09 |
| EGI | $20.4k | $14.27 |
| − OpEx | −$6.1k | −$4.28 |
| NOI | $14.3k | $9.99 |
1,430 SF · lease $15.36/SF/yr · vacancy 7.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$204.0K
$178.5K – $238.0K
NOI $14,281 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$188.3K
$164.8K – $219.7K
NOI $13,183 @ 7.0% cap · market cap 5.49%
Theoretical Best
Warehouse
$376.1K
$329.1K – $438.8K
NOI $26,327 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Updated 1/2 duplex offers three bedrooms, two full baths, and a walkout basement with fresh interior finishes.
Where is this duplex located?
The property is located at 403 NW Highland Lane Blue Springs, MO.
What is the asking price?
The asking price for this property is $239,950.
What are key features of this property?
This property features: Fully updated 1/2 duplex with 3 bedrooms and 2 full baths; Walkout basement adds additional finished living space; New flooring throughout plus new paint
