3508 NE Independence Ave, Lees Summit, MO, 64064
About This Home
Wow what a beauty! This Lee's Summit fourplex is as turnkey and low-maintenance as it gets for investment properties. Featuring two 3-bedroom, 2 bath units, and two 2-bedroom, 2 bath units all with private garages included. The property currently $5,750 per month in rent, though these current rents are also under market value, interestingly. Property management is already in place and happy to continue if need be. There is NO HOA here folks! Checkout the expansive park and shelter, children's jungle gym and frisbee golf course right outside your door! Makes leasing a snap and has always yielded fantastic tenants. Reach out to the listing agents today.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Materials
- Roof: Composition
- Construction materials: Board & Batten Siding
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Basement
- Has basement: Yes
Heating & Cooling
- Heating features: Electric
- Cooling features: Electric
Property
Details
- Parcel number: 43820111700000000
- Zoning: MF
Lot
- Lot size: 0.32 Acres
Parking
- Parking features: Direct Access,Off Street
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Heat Wave
- Tornado
- Cold Wave
How This Home’s Risks Compare
FEMA Declared Disasters Across Missouri Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,791 | $45,492 |
| Home Insurance * | $521 | $6,252 |
| Property Taxes | $706 | $8,472 |
| Electricity | $141 | $1,693 |
| Total | $5,159 | $61,908 |
Income You'd Need if You Spent...
Missouri FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-06 | Pending sale | $749,900 |
| 2026-08-01 | Listed for sale | $749,900 |
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