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    Six-Unit Multifamily Property Title is generated by Realmo AI

    9201 East 54th Street, Raytown, MO 64133

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    For sale multifamily building offering six rental units in Raytown, Missouri.

    Type:Multifamily
    Property size:
    4,800 SF
    Price / SF:
    $140/SF
    Added:
    Jun 5, 2026
    Days on Market:
    22
    Last Refresh:
    Jun 20 at 6:10 am

    Property Features for 9201 East 54th Street

    General Information

    Standard status
    Active
    Size
    4,800 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1972

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    Tatjana Nikolic

    Listing office Platinum Realty

    Listing date Jun 5, 2026

    Source Crexi

    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 Platinum Realty

    HighLights

    • Multifamily building with 6 rental units in Raytown, Missouri
    • Built in 1972

    Overview

    This is a for-sale multifamily property configured as a 6-unit building. The asset is presented as residential income property and is being offered for sale as an operating multifamily real estate opportunity.

    The property is located at 9201 East 54th Street in Raytown, Missouri. Its income-producing structure provides a straightforward, compact unit count for buyers seeking a small multifamily footprint.

    With six units, the building may appeal to investors and owner-operators looking for manageable scale in a multifamily format. The listing provides the core property details available for due diligence, including the unit count and overall property size. Prospective purchasers should review the full financial and operational information during the underwriting process to evaluate rent roll, expenses, and any needed updates based on the condition of the building and individual units.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $97.9k $20.40
    − Vacancy −$6.4k −$1.33
    EGI $91.6k $19.07
    − OpEx −$41.2k −$8.58
    NOI $50.4k $10.49
    4,800 SF · lease $20.40/SF/yr · vacancy 6.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $719.4K
    $629.4K – $839.3K (±1% cap)
    NOI $50,355 @ 7.0% cap · market cap 7.46%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.14M
    $995.0K – $1.33M (±1% cap)
    NOI $79,600 @ 7.0% cap · market cap 11.79%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raytown
    County
    Jackson
    State
    Missouri
    Longitude
    -94.4727091
    Latitude
    39.025148

    FAQs

    What type of property is this?
    Apartment building - For sale multifamily building offering six rental units in Raytown, Missouri.
    Where is this apartment building located?
    The property is located at 9201 East 54th Street Raytown, MO.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: Multifamily building with 6 rental units in Raytown, Missouri; Built in 1972
    More about this property
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