7402 Overton Avenue, Raytown, MO 64133
Local realty services provided by:CENTURY 21 Team Elite
7402 Overton Avenue,Raytown, MO 64133
$2,950,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: nicholas ambrosio
Office: peak real estate partners, llc.
MLS#:2622533
Source:MOKS_HL
Price summary
- Price:$2,950,000
About this home
The Overton Apartments is a 40-unit apartment complex located in Raytown, MO. The property is strategically located right off 350 Highway, giving tenants easy access to both 435 and 470 Highways, making it a strong fit for workforce housing. The current ownership group has owned and managed the property for roughly 15 years and have passionately taken care of the property throughout their duration of ownership. 14 furnaces and 14 HVAC’s systems have been replaced since 2019, with the majority being replaced in the last 3 years. One roof was replaced in 2017, two roofs were replaced in 2021 and the final roof was replaced in 2022. The current owner has two voucher tenants, five mid-term rental tenants, while the rest are market rate tenants. The units have received renovations sporadically throughout ownership, but majority leave value add potential for the next owner. The large spacious units, combined with the exposed brick and balconies, allow for a premium to be achieved in the market, as well as winning tenants in general. There is also room to add an additional two units in each basement, but this would remove the laundry facilities from the property....
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Home facts
- Year built:1965
- Listing ID #:2622533
- Added:1 day(s) ago
- Updated:May 28, 2026 at 02:21 PM
Rooms and interior
- Basement:Yes
Heating and cooling
- Cooling:Electric
- Heating:Forced Air Gas
Structure and exterior
- Roof:Synthetic
- Year built:1965
- Lot area:1.56 Acres
Utilities
- Water:City/Public - Verify
Finances and disclosures
- Price:$2,950,000
Parking
- Parking description:Off Street
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