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5-Unit Multifamily Property
For Sale
$999,000

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 Market53

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 Bathroom 2, Bathroom 1, Basement, Bathroom 6, Bathroom 9, Bathroom 3, Bathroom 10, Bathroom 4, Bathroom 8, Bathroom 5, Bathroom 11, Bathroom 7
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

Additional Details

Tenant in Place Yes

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
Buildings 3
Listing Agency: Realty Executives · Realty Executives International
Listed By: Kalene Bagwell
Added: Sep 9 Changed: Oct 29 Last Checked: Oct 31 at 9:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

This five-unit multifamily property comprises two full duplexes and one half-duplex on a 0.4321-acre site. The homes were built in 1995. Units at 406-408 have three bedrooms, two full baths and one half bath apiece, with split-entry layouts and attached two-car garages. At 412-414, each unit has three bedrooms, three full baths and an attached garage. The half-duplex at 403 has two bedrooms and one bath. All units have kitchen appliances and basement washer and dryer hookups; tenants provide their own machines. Recent interior paint and new luxury vinyl plank flooring and carpet are reported in all units except 412.

All five units are leased. Tenants pay utilities and take care of lawn maintenance. The properties are situated on a cul-de-sac in Blue Springs, within the Blue Springs School District. The street has recently been repaved.

Key Highlights

  • Five units across two full duplexes and one half‑duplex
  • 0.4321‑acre site; built in 1995
  • 406‑408 units each have 3 bedrooms, 2 full baths, 1 half bath and an attached 2‑car garage

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy

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
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Market

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 - Fully leased duplex homes include attached garages and refreshed interiors in most units.
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; 0.4321‑acre site; built in 1995; 406‑408 units each have 3 bedrooms, 2 full baths, 1 half bath and an attached 2‑car garage
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