1406-1420 SW Jefferson St

$1,725,000
Price
—
Beds
—
Baths
4,562 Sq. Ft.
$378 / Sq. Ft.
4,562
Sq. Ft.
$378
per Sq. Ft.

Description

Location, Location, Location! Turn Key Investment Opportunity in Lee's Summit MO. 100 % occupied - 13 Two Bedroom Units and 3 - Three Bedroom Units. Separately meter for Gas and Electric, Landlord pays water/sewer. Two buildings 8 units in each! Newer Roofs, Newer Hot water tanks, Newer HVACs throughout the complex.(2017) several units have been renovated with modern finishes, while the remaining units present clear value-add potential for investors seeking to increase NOI! This is a must see! With...Location, Location, Location! Turn Key Investment Opportunity in Lee's Summit MO. 100 % occupied - 13 Two Bedroom Units and 3 - Three Bedroom Units. Separately meter for Gas and Electric, Landlord pays water/sewer. Two buildings 8 units in each! Newer Roofs, Newer Hot water tanks, Newer HVACs throughout the complex.(2017) several units have been renovated with modern finishes, while the remaining units present clear value-add potential for investors seeking to increase NOI! This is a must see! With rising rental income, stable occupancy, and recent capital improvements, this asset is an ideal fit for investors targeting growth in a solid Midwestern market. Minutes from major highways 350 & 291 and only 1.5 miles from Downtown Lees summit! Professional property management is in place, and service can be retained at the time of sale.

Property Details for 1406-1420 Southwest Jefferson Street

Zoning
MF
LISTING UPDATED: 12/05/2025 11:14 AM

Property Details for 1406-1420 Southwest Jefferson Street

StatusActive
MLS #2575637
Days on Market99
Taxes$15,091 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1972
CountyJackson County

Location

Listing Courtesy of Brickhouse Real Estate Service
Add your commute

Building Information for 1406-1420 Southwest Jefferson Street

Building/Complex1406-1420 Sw Jefferson StFloor-Stories2Residences16Pet Policy-Pet Policy Details-Year Built1972Building Size-

Payment Calculator

$9,781 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,524

Property Taxes

$1,258

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1406-1420 Southwest Jefferson Street

Summary
Location and General Information
  • City: Lee's Summit
  • County Or Parish: Jackson
  • Directions: 291 and 350 hwy head 291 south to Perseus right to Jefferson left tp property corner of Jefferson and Glendana st.
  • Inside City Limits: Yes
  • Latitude: 38.895076
  • Longitude: -94.377819
  • MLS Area Major: 204 - Lee's Summit Area
  • Zip Code: 64081
  • State Or Province: MO
  • Subdivision: Glendana Heights
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: None
  • Association: No
  • Tax Abatement YN: No
  • Tax Special Amount: 0
  • Tax Annual Amount: $15,091.00
  • Parcel Number: 61-910-01-15-00-0-00-000
  • Tax Annual Amount: $15,091.00
  • Tax Legal Description: GLENDANA HEIGHTS---TRACT A (EX PT IN RD) & GLENDANA HEIGHTS---TRACT B (EX PT IN RD) & 61-910-02-01-00-0-00- 000
School Information
  • High School District: Lee's Summit
Parking
  • Garage: No
  • Parking Features: Assigned, Off Street, Paved
  • Parking Total: 16.0
Property
Lot Information
  • Building Area Total: 4562.0
  • Lot Size Area: 27,900.00
  • Lot Size Source: Public Records
  • Lot Size SqFt: 27,900.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Brick Trim, Vinyl Siding
  • Documents Available: Lease Agreements, Management Agree
  • Documents Count: 4
  • Age Description: 51-75 Years
  • FEMA 100 Yr Flood Plain: Unknown
  • Restrictions: Selling As Is
  • Special Documents Required YN: 0
  • Type Of Management: Off-Site Mgmt
  • Photos Count: 11
  • Senior Community: No
  • Year Built: 1972
Utilities
  • Sewer: Public Sewer
  • Utilities: Cent Water Heater, Ind Heat And Air
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Package: Yes
  • Patio And Porch Features: Deck, Patio
  • Road Responsibility: Public Maintenance
  • Road Surface Type: Paved
  • Roof: Composition
Interior Features
  • Appliances: Dishwasher, Refrigerator, Electric Range
  • Basement YN: Yes
  • Bathrooms Total: 0
  • Unit Type: 2 Bedroom, 3 Bedroom
  • Cooling: Electric
  • Central Air YN: Yes
  • Heating: Forced Air
  • Interior Features: Individual Storage
  • Stories Total: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 16
Income & Expenses
  • Gross Income: $184,393.00
  • Maintenance Description: Lawn, Snow Removal
  • Maintenance Provided YN: No
  • Operating Expense: $86,736.00
  • Operating Expense Includes: Electricity, Maintenance, Insurance, Property Mgmt, Real Estate Tax, Refuse Collection, Water/Sewer
Unit 1
  • Unit Type: Unit Equipment: Circuit Breaker,Dishwasher,Disposal,Range/Oven,Refrigerator
  • Unit Type: Unit Rent Includes: Lawn Maintenance,Parking,Refuse Collection,Sewer,Snow Removal,Water
  • Unit Type: Unit Rooms: 4
  • Unit Type: Type: 2 Bedroom
  • Unit Type: Units Total: 13
Unit 2
  • Unit Type: Unit Equipment: Circuit Breaker,Dishwasher,Disposal,Range/Oven,Refrigerator
  • Unit Type: Unit Rent Includes: Lawn Maintenance,Parking,Refuse Collection,Sewer,Snow Removal,Water
  • Unit Type: Type: 3 Bedroom
  • Unit Type: Units Total: 3
Rental
Rent Information
  • Current Occupancy Rate: Over 95%
  • Deposit: Security 1st Title
  • Existing Lease Terms: Month To Month, One Year Lease
  • Security Features: Smoke Detector(s)

Property History for 1406-1420 Southwest Jefferson Street

DateEvent & SourcePriceAppreciation
Sep 16, 2025

Listed (Active)

HEARTLANDMLS #2575637

$1,725,000—
Jul 26, 2024

Sold

HEARTLANDMLS #2481452

—
Jun 6, 2024

Pending

HEARTLANDMLS #2481452

—
Jun 3, 2024

Price Change

HEARTLANDMLS #2481452

$1,850,000—
Apr 5, 2024

Price Change

HEARTLANDMLS #2481452

$2,200,000—
Apr 5, 2024

Listed (Active)

HEARTLANDMLS #2481452

$1,850,000—
DateEvent & SourcePrice
09/16/2025

Listed (Active)

HEARTLANDMLS #2575637

$1,725,000
07/26/2024

Sold

HEARTLANDMLS #2481452

—
06/06/2024

Pending

HEARTLANDMLS #2481452

—
06/03/2024

Price Change

HEARTLANDMLS #2481452

$1,850,000
04/05/2024

Price Change

HEARTLANDMLS #2481452

$2,200,000
04/05/2024

Listed (Active)

HEARTLANDMLS #2481452

$1,850,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1406-1420 Southwest Jefferson Street

This home is within Lee's Summit R-Vii School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 5 to 12
Rating
School
Distance
Pleasant Lea Elementary School
PublicK to 5

Pleasant Lea Middle School
Public6 to 8

Lee's Summit Senior High School
Public9 to 12

Hilltop School
Public5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1406-1420 Southwest Jefferson Street is a multi-family home for sale in Lee's Summit, MO 64081. This property was listed for sale on September 16, 2025 by Brickhouse Real Estate Service, it's currently listed at $1,725,000. It has been on the market for a total of 99 days and was last sold on July 26, 2024. This listing's school district is Lee's Summit R-Vii School District. Nearby schools include Pleasant Lea Elementary School, Pleasant Lea Middle School and Lee's Summit Senior High School. 1406-1420 Southwest Jefferson Street is a 0-bed, 0-bath, 4,562 sqft multi-family home built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Brickhouse Real Estate Service

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/24/2025 01:02 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.