Lee's Summit MO Multi-Family Real Estate, Homes for Sale

$770,000

Lynn Street Duplexes offers four occupied two-bedroom, one-and-a-half-bath units across two duplex buildings at 605-607 NE Lynn Street in Lee's Summit, priced at $770,000 ($192,500 per unit). Current rents run $1,425 to $1,500, below the $1,550 asking rent at 608 NE Lynn Street, the closest same-configuration comp, pointing to mark-to-market upside. A further value-add path exists for buyers willing to upgrade finishes: nearby two-bedroom listings ask $1,799 to $1,875, though those reflect different layouts or finish levels. The four-unit scale suits both investors and owner-occupants, combining current occupancy, consistent layouts, and a Lee's Summit location in a compact offering.

605-607 NE Lynn Street, Lee's Summit

Listing courtesy of Aaron Clemons of Clemons Real Estate LLC.

$349,900

**TENANT-OCCUPIED DUPLEX WITH RENTAL INCOME ALREADY IN PLACE!** Great opportunity to add an income-producing property to your portfolio in Lee’s Summit. This duplex features **two units, each offering 3 bedrooms and 2 bathrooms**, with both sides currently occupied by tenants. Skip the search for tenants and start with an established rental property from day one. The spacious floor plans and desirable Lee’s Summit location make this a strong option for investors looking for long-term rental potential. Conveniently located near **US-50 and MO-291** with easy access to shopping, dining and area amenities. **Two units. Tenants in place. Income from day one.** Don’t miss this Lee’s Summit investment opportunity!

205 NE Westwind Drive, Lee's Summit

Listing courtesy of Aimee Dusselier of Weichert Realtors - Generations.

$690,000

Welcome to Sequoia—Lee’s Summit’s newest twin villa community, ideally located just a half mile from vibrant Downtown Lee’s Summit. These thoughtfully designed two-story twin villas offer 3 bedrooms, 2.5 bathrooms, and a 2-car garage, with lawn care, landscaping, and trash service included for truly low-maintenance living. Step inside to beautiful LVP floors and an open main level that flows into a modern kitchen featuring quartz countertops, a tile backsplash, and generous cabinet space—perfect for everyday living and entertaining. Upstairs, you’ll find three generously sized bedrooms, each with a walk-in closet. The hall bath is finished with tile flooring, a tiled shower, and an oversized vanity with excellent storage. Sequoia also offers a unique house-hack opportunity: purchase an entire twin villa building, live in one side, and rent the other to help offset your monthly payment—an ideal setup for buyers who want to blend homeownership with long-term financial strategy. Enjoy modern construction, low-maintenance living, and a prime location close to the shops, restaurants, and entertainment of Downtown Lee’s Summit. ***PHOTOS ARE OF PREVIOUS BUILD JOB**

204-206 NW Orchard Court, Lee's Summit

Listing courtesy of Andrew Hicklin of ReeceNichols-KCN.

$845,000

**Tenant Occupied; 48 Hour Notice for All Showings** Group Exhibit 2 - this property is part of a 5 home package in the KC Area. Please reach out for the full list of properties!

205 SE 16th Street, Lee's Summit

Listing courtesy of Fidelity RE Group of Keller Williams KC North.

$325,000

Great investment opportunity in Lee’s Summit! This spacious duplex offers two separate living units with a total of 6 bedrooms, providing plenty of room for investors looking to generate rental income. The second unit is located at 600 SE 6th St. Both units offer comfortable living spaces with beautiful wood floors and a functional layout. One unit also includes a garage, providing convenient off-street parking and additional storage space. The 509 Browning unit is a 2 bedroom/ 1 bathroom with an unfinished basement. 600 E 6th St side has 4 bedrooms and 2 full bathrooms. The property features a really nice, spacious backyard, offering plenty of room for outdoor enjoyment, entertaining, gardening, or simply relaxing. The quiet neighborhood provides a comfortable residential setting while still being conveniently located near shopping, dining, and everyday amenities. With two separate units, a garage for one unit, a generous backyard, and a convenient Lee’s Summit location, this property offers versatility and strong potential for an investor.

509 SE Browning Avenue, Lee's Summit

Listing courtesy of Samantha Salem of Platinum Realty LLC.

$1,312,027

Position your business for success with this exceptional 2.51-acre commercial lot, priced at $12 per Sq Ft. This land is located in a high-visibility, high-traffic area in Lee’s Summit. Conveniently situated just off Highways 150 and 291, the property offers outstanding accessibility for customers traveling throughout Lee’s Summit and the surrounding Kansas City metro. Surrounded by established shopping, dining, and commercial activity, this location offers excellent potential for a wide variety of uses. Whether envisioned for a restaurant, grocery or specialty market, professional or medical offices, retail, service-based business, or other commercial development, the combination of visibility, accessibility, and nearby amenities makes this site especially appealing. Even more exciting is the continued growth happening nearby, including a large commercial development planned just up the road. As this area continues to expand, demand for conveniently located businesses and services is positioned to grow right along with it. With 2.51 acres, strong traffic exposure, easy highway access, established surrounding businesses, and significant development occurring nearby, this property offers an outstanding opportunity to establish a presence in one of Lee’s Summit’s growing commercial corridors. Bring your vision and take advantage of the location, traffic, accessibility, and growth potential this property has to offer!

210 SW M 150 Hwy Highway, Lee's Summit

Listing courtesy of Marilyn May of Integrity Group Real Estate.

$1,189,188

Position your business for success with this exceptional 2.73-acre commercial lot priced at $10 per Sq. Ft. This land is located in a high-visibility, high-traffic area in Lee’s Summit . Conveniently situated just off Highways 150 and 291, the property offers outstanding accessibility for customers traveling throughout Lee’s Summit and the surrounding Kansas City metro. Surrounded by established shopping, dining, and commercial activity, this location offers excellent potential for a wide variety of uses. Whether envisioned for a restaurant, grocery or specialty market, professional or medical offices, retail, service-based business, or other commercial development, the combination of visibility, accessibility, and nearby amenities makes this site especially appealing. Even more exciting is the continued growth happening nearby, including a large commercial development planned just up the road. As this area continues to expand, demand for conveniently located businesses and services is positioned to grow right along with it. With 2.73 acres, strong traffic exposure, easy highway access, established surrounding businesses, and significant development occurring nearby, this property offers an outstanding opportunity to establish a presence in one of Lee’s Summit’s growing commercial corridors. Bring your vision and take advantage of the location, traffic, accessibility, and growth potential this property has to offer!

Vacant Lot 3 - SW M-150 Highway, Lee's Summit

Listing courtesy of Marilyn May of Integrity Group Real Estate.

$364,900

Welcome to 102 SW 2nd Street, a charming property offering a unique opportunity in the heart of Downtown Lee's Summit! This versatile property is currently zoned TNZ – Transitional Neighborhood Zone, providing flexibility for residential use as well as certain limited commercial uses, including office and retail. Whether you're looking for a place to call home, a professional office, or a limited retail opportunity, the zoning offers options worth exploring. The property offers character, functionality, and an excellent location with convenient access to the amenities of Downtown Lee's Summit. Enjoy being close to local restaurants, shopping, entertainment, and community events, while also having easy access to major roadways. The TNZ zoning makes this property particularly appealing to buyers looking for flexibility and potential. Don't miss the opportunity to own a property with multiple possibilities in a highly desirable downtown location! Zoned Residential (MLS #2630341) and Commercial in Lee's Summit.

102 SW 2nd Street, Lee's Summit

Listing courtesy of Asheley Sisk of RE/MAX Heritage.

$689,000

Rarely does a fourplex come along with this combination of location, size, condition, and tenant appeal. Fully occupied, built in the 1980s, and Class A located in beautiful Lee’s Summit, this property offers a unique opportunity to own quality small multifamily in one of the Kansas City metro’s most desirable suburban markets. The building features two oversized 3-bedroom, 1.5-bath units of approximately 1,400 square feet and two spacious 2-bedroom, 1.5-bath units of approximately 1,250 square feet. Each unit has its own private exterior entrance, garage with opener, washer/dryer hookups, central heating and cooling, stainless steel appliances, and private rear patio. Interiors have been updated with LVP flooring, tile, modern colors, vanities, and countertops, while the primary bedrooms feature vaulted ceilings and walk-in closets. The residential setting, private entrances, individual garages, and private rear patios give tenants a sense of ownership that is hard to replicate in a typical apartment property. Tenants pay their own water/sewer, electric, gas, and trash, there is no HOA, and regular owner expenses are minimal. Current rents are estimated to be approximately $100–$300 below market depending on leasing strategy, providing additional upside for the next owner. Located in the highly regarded Lee’s Summit School District and just minutes from shopping, restaurants, parks, lakes, Highway 50, and Highway 291, this is a rare chance to acquire a stabilized fourplex in an outstanding suburban location.

448 NE Churchill Street, Lee's Summit

Listing courtesy of Alex Olson of Legendary Apartment Brokers.

$795,000

Exceptional Investment Opportunity – Fully Occupied 4-Plex Don't miss this rare opportunity to own a well-maintained, fully leased 4-plex in one of the area's most desirable locations. Situated near the highly sought-after Lee's Summit and Blue Springs communities, this property offers convenient access to top-rated schools, shopping, dining, parks, entertainment, and major highways. Each unit is currently occupied, providing immediate rental income, with a proven history of strong occupancy and consistent demand. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this turnkey 4-plex offers stable cash flow in a location where rentals remain in high demand. Highlights: Fully occupied with reliable rental income. Strong rental history with consistently leased units. Prime location near Lee's Summit and Blue Springs amenities. Convenient access to shopping, restaurants, schools, and commuter routes Excellent long-term investment potential. Properties like this don't come along often. Secure a cash-flowing asset in one of the Kansas City metro's most desirable rental markets before it's gone.

9021 Gala Drive, Lee's Summit

Listing courtesy of Meredith Vertreese of Coldwell Banker Uplife Realty.

$690,000

Welcome to Sequoia—Lee’s Summit’s newest twin villa community, ideally located just a half mile from vibrant Downtown Lee’s Summit. These thoughtfully designed two-story twin villas offer 3 bedrooms, 2.5 bathrooms, and a 2-car garage, with lawn care, landscaping, and trash service included for truly low-maintenance living. Step inside to beautiful LVP floors and an open main level that flows into a modern kitchen featuring quartz countertops, a tile backsplash, and generous cabinet space—perfect for everyday living and entertaining. Upstairs, you’ll find three generously sized bedrooms, each with a walk-in closet. The hall bath is finished with tile flooring, a tiled shower, and an oversized vanity with excellent storage. Sequoia also offers a unique house-hack opportunity: purchase an entire twin villa building, live in one side, and rent the other to help offset your monthly payment—an ideal setup for buyers who want to blend homeownership with long-term financial strategy. Enjoy modern construction, low-maintenance living, and a prime location close to the shops, restaurants, and entertainment of Downtown Lee’s Summit. ***PHOTOS ARE OF PREVIOUS BUILD JOB**

210-212 NW Orchard Court, Lee's Summit

Listing courtesy of Andrew Hicklin of ReeceNichols-KCN.

$900,000

This property is ready for its next adventure! Situated on 3.87 acres in one of Lee's Summit's most desirable locations, directly across from Prairie Lee Lake, this unique commercial opportunity offers endless potential. Formerly home to a thriving landscaping business, the property features an impressive 6,500-square-foot barn-style structure that can be transformed to fit a wide variety of uses. Whether you're envisioning a retail storefront, wedding venue, event center, dance hall, warehouse facility, contractor headquarters, or another entrepreneurial venture, the possibilities are truly endless. The remaining acreage provides ample room for expansion, additional buildings, parking, outdoor event space, storage, or future development. With excellent visibility, easy highway access, and commercial zoning already in place, this property is perfectly positioned for business success. Rarely does a commercial property with this much flexibility, acreage, and location become available. Bring your vision and make it a reality!

1820 County Park Road, Lee's Summit

Listing courtesy of Edward Van Buskirk of 1st Class Real Estate Summit.

$905,000

Highly visible redevelopment opportunity offering a total of 8.75 acres in a high-traffic residential area with strong potential for a business relocation or new build. The property is currently available as two separate parcels being sold together, with one parcel totaling 3.9 acres and the other totaling 4.85 acres, providing added flexibility for future use, layout, or expansion. Existing structure on-site is considered a tear-down and will need to be removed by the new owner.

1907 & 1925 Scherer Road, Lee's Summit

Listing courtesy of Hern Group of Keller Williams Platinum Prtnr.

$775,000

This well-built 2008 fourplex in the A-class Villas at Chapman Farms neighborhood offers a turnkey, low-maintenance investment or multi-generational housing opportunity featuring two 3-bedroom and two 2-bedroom units, all with 2.5 bathrooms, private garages, fireplaces, and slab granite countertops. Uniquely titled as two separate parcels under one roof, the property allows for flexible purchase options (either two or all four units) and currently generates $4,415 per month in rent, though these current rents are significantly under market value. Filling the single vacant 3-bedroom unit at a market rate of $1,850 brings the total projected gross monthly rent to $6,265. A professional property management company is already in place and ready to continue, or you can choose your own management to oversee the asset. A quarterly HOA fee of $1,800 handles the heavy lifting by covering a community pool, lawn care, snow removal, exterior and roof maintenance, and structure insurance. No seller finance, please do not ask. Information deemed reliable but not guaranteed.

920-924 SW Imperial Lane, Lee's Summit

Listing courtesy of Michelle Lutz of Lutz Sales + Investments.

$3,795,000

Picturesque 14.40-acre serene vineyard setting with endless potential. This one-of-a-kind charming property offers multiple buildings, 2 Owner’s Suites , a beautiful wedding venue, tranquil pond, and much much more. An exceptional opportunity to create, expand, or enjoy a truly unforgettable destination.An extraordinary opportunity awaits: Stonehaus Winery may be acquired for $900,000, allowing the buyer to pair this remarkable property with a distinctive winery experience. For those seeking a lifestyle-driven estate with hospitality appeal, brand presence, and unforgettable entertaining potential, Stonehaus adds a rare and compelling dimension to the offering.

24607 NE Colbern Road, Lee's Summit

Listing courtesy of Kristin Malfer of Compass Realty Group.

$4,000,000

Discover this exceptional commercial business and real estate opportunity! This property includes two separate buildings, each thoughtfully designed to support high-volume operations and streamline workflow. The first building features dual overhead doors, allowing for smooth and efficient vehicle entry and exit. Inside, you'll find an alignment rack and five additional racks, offering ample space for a range of repair and maintenance services. The second building is equipped with three additional racks and a convenient outdoor rack, enhancing overall flexibility and making it easy to accommodate overflow work or specialty services. Purpose-built and currently operating, this business presents a rare chance to step into a fully functional, income-producing automotive operation. Business specifications and pricing are available upon request.

1500-1502 SW Market Street, Lee's Summit

Listing courtesy of Hern Group of Keller Williams Platinum Prtnr.

$3,950,000

Tremendous business and real estate opportunity to own a very established and well known, successful, Lees Summit venue. You will be able to carry on the thriving Stanley Event Space business in the desirable Lees Summit, Mo. area. Tremendous long term potential as Downtown Lees Summit, Mo. is a current hot spot and is gaining popularity and with new Downtown Market Plaza development. The Stanley Event Space is a venue with three unique event spaces, The Kingston Room, The Aspen Room and The Aspen Rooftop. The Stanley specializes in wedding and anniversary events, high school and college graduations, end of life celebrations as well as weekly and monthly corporate meetings and entertaining events. This building built in 2013 has the vintage appearance combined with a newer built sound structure. This is your change to be a proprietor in what is considered to be one of the most desirable Kansas City area cities.

308 SE Douglas Street, Lee's Summit

Listing courtesy of Kevin Foster of ReeceNichols - Lees Summit.

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Lee's Summit Multi-Family Real Estate