Two-Bedroom Duplex
For Sale
$140,000
8486 Lane Drive, Raytown, MO 64138
Residential, Raytown, MO
Property Size1,238 SF
Lot Size0.08 Acres
Price / SF$113.09
Days on Market55
Property Features for 8486 Lane Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
Patio and Porch features
Deck
Basement
Finished
Appliances
Dishwasher, Refrigerator, Electric Range
Elementary school
Spring Valley
Middle school
South Middle School
High school
Raytown
Elementary school district
Raytown
Middle school district
Raytown
High school district
Raytown
Directions
From MO-350E/Blue Parkway - Exit on to Blue Ridge Blvd South. Left on Spring Valley Rd, Left on 83rd St. Right on Lane Ave, Right on Lane Dr. Property is on the left (south)
Subdivision
205 - Raytown Area
Standard status
Active
APN
50-220-19-19-00-0-00-000
Size
1,238 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Description
MEADOW LANE UNIT 3 BLK 1
Tax Annual Amount
2335
HOA Fee
$600 Annually
Legal Description
MEADOW LANE UNIT 3 BLK 1
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Electric
Water source
Public
Building Details
Year built
1975
Building materials
Board & Batten Siding
Roof type
Composition
Listing Agency:
ReeceNichols-KCN · HomeLife
(816) 468-8555
Listed By:
Duane Krehbiel · License #2022006944
(913) 669-9261
Added: Sep 7
Changed: Oct 23
Last Checked: Oct 31 at 3:06PM
MLS# 2642150
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 two-bedroom residence is one side of a duplex and contains 1,238 square feet. The home was built in 1975 and includes a basement, two bathrooms, and a deck. Board-and-batten siding and a composition roof complete the exterior; public water and sewer serve the property.
The 0.0812-acre parcel is at 8486 Lane Drive in Raytown, Missouri. The other side of the duplex, at 8484 Lane Drive, is also offered for sale, and the two sides may be purchased together.
The 0.0812-acre parcel is at 8486 Lane Drive in Raytown, Missouri. The other side of the duplex, at 8484 Lane Drive, is also offered for sale, and the two sides may be purchased together.
Key Highlights
- 1,238 square feet of living area
- 0.0812‑acre lot
- Built in 1975
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,413
Cap Rate
8.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$228,260
$228.3K
Cap Rate 7%
$163,043
$163.0K
Cap Rate 9%
$126,811
$126.8K
Market Conditions
NOI Build-Up for 1,238 SF
Gross rent
$22.4K $18.12/SF
− Vacancy
−$1.7K −$1.36/SF
EGI
$20.8K $16.76/SF
− OpEx
−$9.3K −$7.54/SF
NOI
$11.4K $9.22/SF
Area
Jackson County, MO
Vacancy
7.50%
Lease Rate
$18.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$228,260
Cap Rate 7%
$163,043
Cap Rate 9%
$126,811
Alternative Uses
Best Use
Apartment 5plus
$163.0K
$142.7K – $190.2K
NOI $11,413 @ 7.0% cap · market cap 8.15%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$325.6K
$284.9K – $379.9K
NOI $22,792 @ 7.0% cap · market cap 16.28%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
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Business Placement
Demographics for 64138, MO
25,565
Population
11,273
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
92%
High-School Grad
13.3 sq mi
ZIP Area
1,922
Density / Sq Mi
$54,619
Median Household Income
$39,210
Median Earnings
$1,127
Median Rent
$164,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The home includes a deck, basement, central gas heat, electric cooling, and a dishwasher, refrigerator, and electric range.
Where is this residential income property located?
The property is located at 8486 Lane Drive Raytown, MO.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 1,238 square feet of living area; 0.0812‑acre lot; Built in 1975
