8412 Lane Pl
Raytown, MO 64138
- 2 Beds
- 1.5 Baths
- 946 sqft
2 Beds
1.5 Baths
946 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1975
Living Area
946 sqft
Parking
Garage
About this House
Rental asset - TENANT IN PLACE – income starts Day 1
Asking $145,000: ~ 9.9% gross yield now, 10.8% target rent case.
Four-level Townhouse on a cul-de-sac in Raytown. Long-term HCV tenant in place since 2022 and lease through April 2027. With no rehab required to continue collecting rent.
Current rent: $1,200/mo ~9.9% gross yield a tasking price
-$1,300 with rent increase pending approval for July -2026 ~10.8% gy
-IHA pays 100% direct to current landlord, consistently on-time, over the 4 years
THE PROPERTY:
Four-Level Townhouse on a cul-de-sac
-Level 1. Main: living room, kitchen, walk-out to deck and patio
-Level 2. Upper: 2 bedrooms, full bath, linen closet
-Level 3. Ground: 1-car garage, flex room with half bath
-Level 4. Basement: finished bonus room, utility room with W/D hookups, storage
Fenced back yard,( 4 yrs old), with deck, stairs and a concrete patio. Front brick planter box.
Flooring/Appliances: Wood laminate throughout living areas and bedrooms (4 years), tile in halls and stairs, vinyl in kitchen. Refrigerator, stove, dishwasher, and microwave approximately four years old. Countertops and cabinets are dated and functional — no replacement required to collect rent.--Cabinets and countertops are in good order cosmetic refresh is buyer’s upside.
MECHANICALS:
--Lennox HVAC - professionally installed central air and gas heat
--A.O. Smith ProLine water heater
--AprilAire whole-house humidifier
--Nest wireless thermostat
--Mr. Sparky whole-home surge protector at updated panel
Built-in value-add: Convert the flex room into a 3rd bedroom with a simple door framing — SAFMR 3-bedroom rate is approximately $1,683/mo. Property passed its most recent IHA inspection with no required repairs.
This is an operating income property with a tenant with a one-year lease that is comfortable in the property, not a distressed flip. Normal tenant wear, all working systems, and no known mechanical or structural issues. Cosmetic updates are buyer upside at turnover.
ASKING: $145,000
-Clean fast close available
-Text first with Name, role, proof-of-funds capability, and target close date
-Do not disturb tenant. Showings by appointment only.
Asking $145,000: ~ 9.9% gross yield now, 10.8% target rent case.
Four-level Townhouse on a cul-de-sac in Raytown. Long-term HCV tenant in place since 2022 and lease through April 2027. With no rehab required to continue collecting rent.
Current rent: $1,200/mo ~9.9% gross yield a tasking price
-$1,300 with rent increase pending approval for July -2026 ~10.8% gy
-IHA pays 100% direct to current landlord, consistently on-time, over the 4 years
THE PROPERTY:
Four-Level Townhouse on a cul-de-sac
-Level 1. Main: living room, kitchen, walk-out to deck and patio
-Level 2. Upper: 2 bedrooms, full bath, linen closet
-Level 3. Ground: 1-car garage, flex room with half bath
-Level 4. Basement: finished bonus room, utility room with W/D hookups, storage
Fenced back yard,( 4 yrs old), with deck, stairs and a concrete patio. Front brick planter box.
Flooring/Appliances: Wood laminate throughout living areas and bedrooms (4 years), tile in halls and stairs, vinyl in kitchen. Refrigerator, stove, dishwasher, and microwave approximately four years old. Countertops and cabinets are dated and functional — no replacement required to collect rent.--Cabinets and countertops are in good order cosmetic refresh is buyer’s upside.
MECHANICALS:
--Lennox HVAC - professionally installed central air and gas heat
--A.O. Smith ProLine water heater
--AprilAire whole-house humidifier
--Nest wireless thermostat
--Mr. Sparky whole-home surge protector at updated panel
Built-in value-add: Convert the flex room into a 3rd bedroom with a simple door framing — SAFMR 3-bedroom rate is approximately $1,683/mo. Property passed its most recent IHA inspection with no required repairs.
This is an operating income property with a tenant with a one-year lease that is comfortable in the property, not a distressed flip. Normal tenant wear, all working systems, and no known mechanical or structural issues. Cosmetic updates are buyer upside at turnover.
ASKING: $145,000
-Clean fast close available
-Text first with Name, role, proof-of-funds capability, and target close date
-Do not disturb tenant. Showings by appointment only.
8412 Lane Pl, Raytown, MO 64138 is a 2 bedroom, 2 bathroom, 946 sqft multi-family built in 1975. It last sold for $0 on May 27, 2022. It is currently off market. The Trulia Estimate rent is $1,118/month.
Home Details for 8412 Lane Pl
|
|---|
Interior Details BasementNumber of Rooms: 7Types of Rooms: Dining Room, Family Room, Laundry Room |
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1Floors: Laminate, Linoleum Vinyl |
Appliances & Utilities Cable ReadyDishwasherDisposalRefrigerator |
Windows, Doors, Floors & Walls Double Paned Windows |
|
|---|
Exterior Home Features Roof: CompositionDeckExterior: Wood ProductsLawnPatioPorch |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached, On Street |
|
|---|
Year Built Year Built: 1975 |
Property Type / Style Property Type: Multi FamilyArchitecture: Split-level |
|
|---|
Units in Building: 1 |
|
|---|
Lot Area: 4356 sqft |
Price History for 8412 Lane Pl
| Date | Price | Event | Source |
|---|---|---|---|
| 06/29/2026 | ListingRemoved | N/A | |
| 06/18/2026 | $145,000 | Pending | N/A |
| 05/15/2026 | $145,000 | Listed For Sale | N/A |
| 05/27/2022 | -- | Sold | Heartland MLS as distributed by MLS GRID #2378307 |
| 05/14/2022 | $125,000 | Pending | Heartland MLS as distributed by MLS GRID #2378307 |
| 05/11/2022 | $125,000 | Listed For Sale | Heartland MLS as distributed by MLS GRID #2378307 |
Market trends in Raytown
Last updated June 2026
Avg. sale price
$224K
$2KMoM
Sale-to-List Price
100.0%
Price per sq ft
$141
$2MoM
Available listings
108
3MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,825 |
| Assessment | $105,800 |
Home facts updated by county records
Comparable Sales for 8412 Lane Pl
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.23 | Multi-Family Home | - | 08/29/25 | 1 | - | ||
0.28 | Multi-Family Home | - | 04/16/26 | 1 | - | ||
0.20 | Multi-Family Home | - | 12/19/25 | 4 | - | ||
0.47 | Multi-Family Home | - | 03/11/26 | 1 | - | ||
0.99 | Multi-Family Home | - | 04/14/26 | 1 | - | ||
1.19 | Multi-Family Home | - | 12/18/25 | 1 | - | ||
1.21 | Multi-Family Home | - | 02/27/26 | 1 | - | ||
1.36 | Multi-Family Home | - | 03/17/26 | 3 | - | ||
1.56 | Multi-Family Home | - | 02/27/26 | 2 | - | ||
1.56 | Multi-Family Home | - | 03/05/26 | 1 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 8412 Lane Pl.
What Locals Say about Raytown
At least 246 Trulia users voted on each feature.
94 % Say car is needed
89 % Say parking is easy
87 % Say yards are well-kept
76 % Say it's dog friendly
69 % Say there's holiday spirit
66 % Say kids play outside
56 % Say it's quiet
54 % Say neighbors are friendly
50 % Say there's wildlife
44 % Say they plan to stay for at least 5 years
39 % Say people would walk alone at night
38 % Say it's walkable to grocery stores
38 % Say there are sidewalks
28 % Say streets are well-lit
25 % Say it's walkable to restaurants
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

