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Four-Unit Property with Private Garages
New
For Sale
$775,000

920-924 SW Imperial Lane, Lees Summit, MO 64064

Two separately titled parcels contain a residential income property with varied unit layouts and individually assigned garage space.

Property SizeContact for details
Days on Market7

Property Features for 920-924 SW Imperial Lane

General Information

Standard status Active
Property subtype Residential Income
Zoning RES

Taxes and HOA fees

Annual Taxes $9,970

Building Details

Year Built 2008
Units 4
Listing Agency: Lutz Sales + Investments
Listed By: Michelle Lutz · License #SP00239672
Source: Coloniallistings
Added: Aug 21 Changed: Aug 22 Last Checked: Aug 26 at 9:33AM

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 Lutz Sales + Investments

Investment Insights

Based on property information with market context.

This 2008-built quadplex comprises two three-bedroom residences and two two-bedroom residences. Each unit includes two-and-a-half bathrooms, a private garage, fireplace, and slab granite countertops. The improvements are arranged across two separately titled parcels under one roof, creating a distinctive ownership structure within the residential property.

The property is located at 920-924 SW Imperial Lane in Lee's Summit, Missouri, within the Villas at Chapman Farms neighborhood. Zoning is identified as RES. A professional management company is currently in place and available to continue managing the property. Community services supported through the HOA include access to a pool, lawn care, snow removal, exterior and roof maintenance, and structure insurance.

Key Highlights

  • 2008‑built quadplex with two 3‑bedroom and two 2‑bedroom units
  • All units include 2.5 bathrooms, private garages, fireplaces, and slab granite countertops
  • Two separately titled parcels arranged under one roof

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Bakery Storage Facility Big Box & Wholesale Store Computer & Electronic Repair Real Estate Agency Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

54
Businesses Nearby

Demographics for 64064, MO

19,717
Population
7,870
Households
2.5
Avg Household Size
41
Median Age
53%
College-Educated
98%
High-School Grad
19.0 sq mi
ZIP Area
1,038
Density / Sq Mi
$120,341
Median Household Income
$62,190
Median Earnings
$1,416
Median Rent
$375,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Two separately titled parcels contain a residential income property with varied unit layouts and individually assigned garage space.
Where is this quadplex located?
The property is located at 920-924 SW Imperial Lane Lees Summit, MO.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 2008‑built quadplex with two 3‑bedroom and two 2‑bedroom units; All units include 2.5 bathrooms, private garages, fireplaces, and slab granite countertops; Two separately titled parcels arranged under one roof
More about this property
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