1012 NE Lindsay Avenue, Lee’s Summit, MO 64086

Multi-family fourplex built in 1988, 3,512 sq ft across all units, 2 up 2 down style building. Each unit has 2 beds and 1 full bath with 1 private garage space and additional off street parking in the driveway.

2 New decks in 2024, Unit A Water Heater replaced in Dec 2020
Unit D – Replaced bad AC with a Grandaire M/N WCA3244GKG S/N x212282880 2 ton, 410a, 13 seer A/C – August 2021

Unit B, C and D have been in the property for longer than the current owner. Unit A was redone prior to current resident. Unit C is in the worst shape (damage to stove is tenant responsibility in unit C) Unit B and D were updated prior to their current tenants and are in really good condition.

All meters are separate except for water and each unit is charged $30 per month for Water/Sewer

Great Location – Situated in a quiet residential area of Lee’s Summit – Close to NE Chipman Rd and NE Douglas St for easy access to shopping, dining, and I-470 and there is room for improvement on the rents.

Currently managed by local Property Management company that is happy to transition to new owner at a discounted rate or buyer can self manage or move to a different manager. Do Not Disturb Tenants.

No showings without a contract in place to prevent tenant disruption.

Lease Start Date: 06-17-2025
End Date: 06-30-2026
Current Rent: $1,170.00
Pet Rent $70
Water/Sewer $30

Lease Start Date: 09-01-2025
End Date: 08-31-2026
Current Rent: $1,072.50
Water/Sewer $30

Lease Start Date: 03-01-2025
End Date: 02-28-2027
Current Rent: $960.00
Water/Sewer $30

Lease Start Date: 01-01-2026
End Date: 12-31-2026
Current Rent: $1,108.50
Water/Sewer $30
Pet Rent $25