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$460,000   Price Analysis
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401-407 S Forest Ave
Sugar Creek, MO 64054
Unknown bed None bath unknown SqFt ($0/SqFt)
1.79 acre lot. Built 1974
Listed 2024-06-28, Taxes $3,122
Ⓧ USDA Ineligible
due to location

near Maywood

Welcom to Sugar Creek

Missouri, where an exceptional opportunity awaits in the form of a meticulously maintained 4plex complemented by an additional plot of land primed for development! Nestled within this burgeoning community, this multifamily gem showcases a blend of two and three-bedroom units, with approximately 75% of the property boasting recent renovations. Step inside to discover a harmonious fusion of modern convenience and timeless charm, with upgrades including new flooring, stainless steel appliances, updated AC units, remodeled bathrooms and a fresh coat of paint throughout. Whether you're a savvy investor seeking to expand your portfolio or a discerning homeowner with an eye for value, this property presents an enticing proposition.

With its strategic location and income potential, it's tailor-made for a house hacker looking to offset mortgage costs while enjoying the benefits of multifamily ownership. But the allure doesn't end there. Adjacent to the existing 4plex lies a blank canvas of land, perfectly positioned for the construction of six additional duplexes. Imagine the possibilities of creating your own enclave within this thriving community, tailored to meet the demands of today's discerning renters or homeowners. Conveniently situated in Sugar Creek, residents will relish easy access to a myriad of local amenities, including shopping, dining, parks and top-rated schools, ensuring a lifestyle of both comfort and convenience. Don't miss out on this rare opportunity to own a piece of Sugar Creek's burgeoning r eal estate landscape. Seize the moment and make your mark with this unparalleled investment opportunity!


Presented by Matthew Rich at
United Real Estate Kansas City.
Listing Agent Photo

Property MLS #2496771 from Heartland

Total Bathrooms: 0.00

Microwave
Built-In Electric Oven
Stainless Steel Appliance(s)

Cooling Features: Electric
Heating Features: Forced Air

Patio And Porch Features: Deck

Lot Size Acres: 1.7895317
Lot Size Square Feet: 77952

Garage Description: Attached, Garage, Off Street
Parking Features: Attached, Garage, Off Street

Number of Units: 4
Unit Type: 2 Bedroom, 3 Bedroom

High School District: Independence
School District: Independence

William Chrisman High School is a public high school located approximately 1.2 miles away.
directions icon Map directions

Mill Creek Elementary School is a public elementary school located approximately 1.7 miles away.
directions icon Map directions

Bingham Middle School is a public middle school located approximately 4.1 miles away.
directions icon Map directions

Center Place Restoration School is a private elementary, middle and high school located approximately 0.8 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 5945
Source Listing Status: Active
County: Jackson
Directions: Take 435N to exit 59 toward Independence Ave. Merge onto US24E / E Winner Rd. Turn left onto S Forest Ave. Turn right onto E Lexington Ave. Turn right onto Riley Ln.
Source Property Type: Residential Income
Area: 206 - Independence Area
Source Neighborhood: Mc Cormick Add
Parcel Number: 15-930-14-10-00-0-00-000
Subdivision: Mc Cormick Add
Zoning: C-0
Flood Plain: No
Property Subtype: Quadruplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$36,651 + $3,629
$40,280
$3,122
2021$36,651 + $3,629
$40,280
$3,118
2020$31,652 + $3,629
$35,281
$2,915
2019$31,652 + $3,629
$35,281
$2,761
2018$30,433 + $3,288
$33,721
$2,830
2017$30,433 + $3,288
$33,721
$2,756
2016$27,175 + $5,700
$32,875
$2,734
2015$27,175 + $5,700
$32,875
$2,728
2014$27,175 + $5,700
$32,875
$2,672
2013$27,175 + $5,700
$32,875
$2,677
2012$27,175 + $5,700
$32,875
$2,666
2011$27,175 + $5,700
$32,875
$2,636
2009$18,828 + $3,552
$22,380
$1,729
2007$21,155 + $3,992
$25,147
$1,872
2007$21,155 + $3,992
$25,147
$1,872

Listed 2024-06-28
$460,000
Heartland
Price Changed 2024-06-04
$475,000
Heartland
Price Changed 2024-03-21
$485,000
Heartland
Price Changed 2024-03-12
$499,900
Heartland
Price Changed 2024-03-06
$510,000
Heartland
Listed 2024-02-28
$525,000
Heartland

Year Built: 1974
Construction Materials: Concrete, Wood Siding
Property Age: 50
Roof: Composition
Levels or Stories: 1
Building Total Stories: 1
Year Built Details: 41-50 Years

Sewer: City/Public
Ind Heat And Air
Ind Water Heaters
Separate Meters
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.