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Five-Unit Multifamily Property
For Sale
$1,060,000

403 406&408 412&414 SW Joy Court, Blue Springs, MO 64014

Residential Income, Blue Springs, MO

Property SizeContact for details
Lot Size0.43 Acres
Days on Market19

Property Features for 403 406&408 412&414 SW Joy Court

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 11
Full bathrooms 11
Rooms Basement, Bathroom 5, Bathroom 6, Bathroom 1, Bathroom 7, Bathroom 8, Bathroom 10, Bathroom 9, Bathroom 4, Bathroom 11, Bathroom 2, Bathroom 3
Parking 5
Parking features Covered
Exterior features Private Entrance
Appliances Dishwasher, Disposal, Microwave, Refrigerator, Electric Range
Subdivision Sandstone Place
Elementary school Daniel Young
Middle school Moreland Ridge
High school Blue Springs South
Elementary school district Blue Springs
Middle school district Blue Springs
High school district Blue Springs
Directions South on 7 Highway in Blue Springs to Keystone Drive, East to SW Joy Court, Left to Properties
Standard status Active
APN 41-330-01-25-00-0-00-000
Lot size 0.43 Acres

Taxes and HOA fees

Tax Description Sandstone Place 1st Plat
Tax Annual Amount 10454
Legal Description Sandstone Place 1st Plat

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Electric
Water source Public

Building Details

Year built 1995
Floors in Building 1
Number of units 5
Building materials Board & Batten Siding
Roof type Composition
Listing Agency: Realty Executives · Realty Executives International
Listed By: Kalene Bagwell · License #1999138493
Added: Sep 9 Changed: Sep 21 Last Checked: Sep 27 at 4:06PM
MLS# 2641622

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 five-unit multifamily package comprises two duplexes and one half-duplex at three addresses on SW Joy Court. The residences were built in 1995 and include a mix of two- and three-bedroom layouts, with one- to three-bathroom configurations and covered garage parking. Unit features include dishwashers, disposals, microwaves, refrigerators, electric ranges, forced-air heating, and electric cooling.

The properties are located in Blue Springs, MO, near 7 Highway and 40 Highway, with shopping, dining, and daily amenities described as walkable from the homes. The residences are within the Blue Springs School District and use public water and public sewer. Recent improvements include exterior siding and paint work, interior flooring and paint updates, and a roof replacement at 403 SW Joy Court. All five units are leased through 2027; residents pay utilities and maintain their own lawn areas.

Key Highlights

  • Five‑unit package across two duplexes and one half‑duplex
  • Leased through 2027 with tenants paying all utilities
  • 412‑414 SW Joy Court: 3 bedrooms, 3 full bathrooms, and 2‑car garages per unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Electrical Service Plumbing Service Furniture & Home Goods Carpet & Flooring Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

510
Businesses Nearby

Demographics for 64014, MO

27,993
Population
11,068
Households
2.5
Avg Household Size
36
Median Age
36%
College-Educated
95%
High-School Grad
11.2 sq mi
ZIP Area
2,499
Density / Sq Mi
$84,187
Median Household Income
$49,462
Median Earnings
$1,301
Median Rent
$233,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Five residences on one cul-de-sac are leased through 2027, with tenants responsible for utilities and lawn care.
Where is this multifamily property located?
The property is located at 403 406&408 412&414 SW Joy Court Blue Springs, MO.
What is the asking price?
The asking price for this property is $1,060,000.
What are key features of this property?
This property features: Five‑unit package across two duplexes and one half‑duplex; Leased through 2027 with tenants paying all utilities; 412‑414 SW Joy Court: 3 bedrooms, 3 full bathrooms, and 2‑car garages per unit
More about this property
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