904 SE 3rd Ter

Beds
4
Baths
2,356 Sq. Ft.
$149 / Sq. Ft.
2,356
Sq. Ft.
$149
per Sq. Ft.

Description

Fantastic investment opportunity in the highly sought-after Lee’s Summit School District! This all-brick ranch duplex is fully leased and income-producing, making it a great addition to any investment portfolio. Each unit features 2 bedrooms with a full bath, kitchen and family room upstairs. Downstairs has a non-conforming 1 bedroom with a half bath, a living room space with a walkout, and a deep 1-car garage, offering tenants functional space and desirable amenities. Situated on a large lot with...Fantastic investment opportunity in the highly sought-after Lee’s Summit School District! This all-brick ranch duplex is fully leased and income-producing, making it a great addition to any investment portfolio. Each unit features 2 bedrooms with a full bath, kitchen and family room upstairs. Downstairs has a non-conforming 1 bedroom with a half bath, a living room space with a walkout, and a deep 1-car garage, offering tenants functional space and desirable amenities. Situated on a large lot with a spacious backyard and ample parking, this property is conveniently located near Highway 291, parks, shopping, and major commuter routes—helping support strong tenant demand and long-term rental stability. Whether you’re expanding your rental portfolio or purchasing your first multi-family property, this turnkey investment offers immediate cash flow in a consistently desirable location. Lease Details:
• Unit A: lease ends 05/31/2026 then Month-to-month beginning 6/1/26 at $1,414.50/month
• Unit B: Lease through 11/30/26 at $1,326/month
  1. Listed by Jayme Generaux • Weichert Realtors - Generations
    P: (816)-399-9329 C: (816)-399-9329 JAYMETHEREALTOR@GMAIL.COM

Property Details for 904 Southeast 3rd Terrace

Zoning
R
LISTING UPDATED: 05/12/2026 05:02 PM

Property Details for 904 Southeast 3rd Terrace

StatusComing Soon
MLS #2615408
Days on Market-
Taxes$3,617 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1965
Lot Size0.31 AC / 13,561 SF
CountyJackson County

Location

Listing Courtesy of Weichert Realtors - Generations
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Building Information for 904 Southeast 3rd Terrace

Stories1Residences2Year Built1965Building Size-Lot Size0.31 AC / 13,561 SF

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$2,063 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,762

Property Taxes

$301

HOA Dues

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Property Information for 904 Southeast 3rd Terrace

Summary
Location and General Information
  • City: Lee's Summit
  • County Or Parish: Jackson
  • Directions: 291 Hwy TO SE 3RD Terrace, west to property on left.
  • Inside City Limits: Yes
  • Latitude: 38.913891
  • Longitude: -94.361255
  • MLS Area Major: 204 - Lee's Summit Area
  • Zip Code: 64063
  • State Or Province: MO
  • Subdivision: Gordanier Estates
Taxes and HOA Information
  • Association: No
  • Tax Special Amount: 0
  • Tax Annual Amount: $3,617.00
  • Parcel Number: 61-240-17-11-00-0-00-000
  • Tax Annual Amount: $3,617.00
  • Tax Legal Description: GORDANIER ESTATES ANNEX BEG AT SW COR LOT 1, RUNN N LY ALG WLY LI 125', TH SELY141' MOL TO ELY LI (125' NELY FRM SE COR), TH SWLY 125' TO SE COR, THNWLY 85' TO BEG.
School Information
  • High School: Lee's Summit North
  • High School District: Lee's Summit
  • Elementary School: Prairie View
  • Middle School: East Trails
Parking
  • Garage: Yes
  • Parking Features: Attached, Off Street, Paved
  • Parking Total: 2.0
Property
Lot Information
  • Builder Model: Ranch
  • Building Area Total: 2356.0
  • Lot Size Area: 13,561.00
  • Lot Size Source: Public Records
  • Lot Size SqFt: 13,561.00
  • Lot Size Units: Square Feet
Property and Assessments
  • Construction Materials: Brick/Mortar
  • Documents Available: Financial Details, Lease Agreements
  • Documents Count: 4
  • Age Description: 51-75 Years
  • Home Warranty Company: Old Republic
  • FEMA 100 Yr Flood Plain: No
  • Type Of Management: Off-Site Mgmt
  • Photos Count: 7
  • Senior Community: No
  • Year Built: 1965
Utilities
  • Sewer: Public Sewer
  • Utilities: Cent Water Heater
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Private Entrance
  • Package: No
  • Patio And Porch Features: Deck
  • Possession: Subject To Lease
  • Road Responsibility: Public Maintenance
  • Road Surface Type: Paved
  • Roof: Composition
Interior Features
  • Basement YN: Yes
  • Bathrooms Total: 0
  • Unit Type: 2 Bedroom
  • Cooling: Electric
  • Central Air YN: Yes
  • Heating: Natural Gas, Forced Air
  • Installation R Factor Ceiling: 38
  • Installation R Factor Other: 19
  • Installation R Factor Wall: 13
  • Telecommunications: Cable - Available
  • Stories Total: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Operating Expense Includes: Property Mgmt, Real Estate Tax
Unit 1
  • Unit Type: Unit Half Baths: 1
  • Unit Type: Unit SQFT: 1612
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 2 Bedroom
  • Unit Type: Units Total: 2
Unit 2
  • Unit Type: Unit Half Baths: 1
  • Unit Type: Unit SQFT: 1612
  • Unit Type: Baths Total: 1
  • Unit Type: Type: 2 Bedroom
  • Unit Type: Units Total: 2
Rental
Rent Information
  • Current Occupancy Rate: Over 95%
  • Deposit: FIRST AMERICAN TITLE
  • Existing Lease Terms: One Year Lease
  • Security Features: Smoke Detector(s)

Property History for 904 Southeast 3rd Terrace

DateEvent & SourcePriceAppreciation
Aug 15, 2018

Sold

HEARTLANDMLS #2122265

Aug 8, 2018

Pending

HEARTLANDMLS #2122265

Aug 3, 2018

Listed (Active)

HEARTLANDMLS #2122265

$175,000
DateEvent & SourcePrice
08/15/2018

Sold

HEARTLANDMLS #2122265

08/08/2018

Pending

HEARTLANDMLS #2122265

08/03/2018

Listed (Active)

HEARTLANDMLS #2122265

$175,000

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

Schools near 904 Southeast 3rd Terrace

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
Prairie View Elementary School
PublicK to 5

East Trails 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

904 Southeast 3rd Terrace is a multi-family home Coming Soon in Lee's Summit, MO 64063. This property is currently priced at $349,900. This listing's school district is Lee's Summit R-Vii School District. Nearby schools include Prairie View Elementary School, East Trails Middle School and Lee's Summit Senior High School. 904 Southeast 3rd Terrace is a 0-bed, 4-bath, 2,356 sqft multi-family home built in 1965.

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 Weichert Realtors - Generations

Listings courtesy of Heartland MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 05/12/2026 05:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.