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Five-Unit Multifamily Property

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

For Sale
New
$999,000

Five residences are fully leased, with attached garages at the two full duplexes and kitchen appliances in every unit.

Property SizeContact for details
Days on Market7

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

General Information

Standard status Active
Total Parking Spaces 5
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 2 x 3BR/2.5BA, 2 x 3BR/3BA, 1 x 2BR/1BA
Multifamily Units 5

Additional Details

Tenant in Place Yes

Amenities

Private Entrance

Building Details

Year Built 1995
Stories 1
Units 5
Listing Agency: Realty Executives
Listed By: Kalene Bagwell · License #1999138493
Source: Bkpre
Added: Nov 3 Changed: Nov 8 Last Checked: Nov 8 at 8:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives

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Investment Insights

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This five-unit multifamily property comprises two full duplexes and one half-duplex. The full duplex units have split-entry layouts. At 406-408, each unit offers 3 bedrooms, 2 full baths, 1 half bath, and an attached 2-car garage. Units at 412-414 have 3 bedrooms, 3 full bathrooms, and attached garages. The half-duplex includes 2 bedrooms and 1 bath. Four of the five units received interior paint and flooring updates in the past 2 years. Each unit has kitchen appliances; washer and dryer hookups are in the basements, and tenants provide their own machines. All five units are leased. Tenants pay utilities and maintain their own lawns.

The residences are on one cul-de-sac in Blue Springs, Missouri, within the Blue Springs School District. The street was recently repaved. Roof work is identified for November 2026 at 406-408 and 412-414; 403 received a new roof in July 2020.

Key Highlights

  • Five units across two full duplexes and one half‑duplex; all are leased
  • 406‑408 units: 3 bedrooms, 2 full baths, 1 half bath, and an attached 2‑car garage per unit
  • 412‑414 units: 3 bedrooms, 3 full bathrooms, and attached garages

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy

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
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Market

Properties on Market for Multifamily properties in Jackson County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Five residences are fully leased, with attached garages at the two full duplexes and kitchen appliances in every unit.
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 $999,000.
What are key features of this property?
This property features: Five units across two full duplexes and one half‑duplex; all are leased; 406‑408 units: 3 bedrooms, 2 full baths, 1 half bath, and an attached 2‑car garage per unit; 412‑414 units: 3 bedrooms, 3 full bathrooms, and attached garages
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