Property details
About 504-506 SE 12th St
Welcome to Oak Grove Place, a single-story multifamily asset offering a compelling investment opportunity in the heart of Oak Grove, Missouri. This 12-unit property features a balanced unit mix of eight one-bedroom/one-bath apartments and four efficient studio units, each designed with practical floorplans, spacious bathrooms, and central heating. Residents enjoy the convenience of ample on-site parking and a shared, coin-operated laundry facility. The walkout lower level of the 504 building adds further investment upside, currently housing a workshop, storage area, and the laundry room. This space presents a unique value-add opportunity—investors may consider leasing the workshop and storage areas for additional income or converting the space into new rental units, subject to zoning and approvals. Positioned just 25 miles east of downtown Kansas City, the property benefits from immediate access to I-70 and is walkable to local amenities, including retail, restaurants, and parks. Oak Grove combines the charm of small-town living with the accessibility of a major metro, making it highly attractive to renters seeking affordability, quiet, and convenience. With consistent tenant demand—evidenced by a waiting list—and the potential for income enhancement, Oak Grove Place is ideally suited for investors seeking a stabilized asset with organic growth potential in a high-demand submarket.
Highlights
Summary
- Basement: No
- Parking: Off Street, Paved
- Heating: Natural Gas
- Cooling: Window Unit(s)
- List Price: $635,000
- HOA Amount: $0
- Directions: Head north on Walnut St toward E 16th St, go 0.1 mi Turn right onto Truman Rd, go 453 ft Take the ramp on the left to I-70 E, go 0.2 mi Merge onto I-670 E, go 0.7 mi Merge onto I-70 E, go 25.0 mi Take exit 28 toward Oak Grove, go 0.2 mi Slight right onto S Broadway, go 0.6 mi Turn left onto SE 10th St, go 0.3 mi Turn right onto S Salem St Destination will be on the left, go 0.1 mi
- Year Built: 1965
- Stories: 1
- MLS Number: 2562797
- MLS Name: HMLS
- Office Name: Lutz Sales + Investments
- Listing Agent: Michelle Lutz
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Price information
Property sales
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Tax history
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Nearby schools
4
Oak Grove Elementary School
Public District 3-5
0.2 mi
•501 SE 12th St
6
Mathews Elementary School
Public District KG-5
4.2 mi
•144 NE McQuerry Rd
6
Sni-A-Bar Elementary School
Public District KG-5
4.8 mi
•701 SW Eagles Pkwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $68,409. Residents of Oak Grove, MO typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Extreme Sports
College Football
Motocross
Where do the neighbors shop?
Academy Sports & Outdoors
Best Buy
GameStop
Where do the neighbors go to eat?
Little Caesars
Texas Roadhouse
Sonic
What do the neighbors drive?
Chevrolet
Ram
Jeep
What do the neighbors listen to?
Country
Contemporary Christian
Oldies
Frequently asked questions
About 504-506 SE 12th St
The listing price of 504-506 SE 12th St property is $635,000.
The property 504-506 SE 12th St is a condo located in Oak Grove, Missouri, 64075.
Active Listing: 504-506 SE 12th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 504-506 SE 12th St are: Oak Grove Elementary School (GreatSchools Rating 4/10), Mathews Elementary School (GreatSchools Rating 6/10), Sni-A-Bar Elementary School (GreatSchools Rating 6/10), Oak Grove Middle School (GreatSchools Rating 4/10), Grain Valley South Middle School (GreatSchools Rating 7/10), Grain Valley North Middle School (GreatSchools Rating 6/10), Oak Grove High School (GreatSchools Rating 7/10), Grain Valley High School (GreatSchools Rating 6/10), Blue Springs South High School (GreatSchools Rating 7/10).
The property at 504-506 SE 12th St has 0 bathroom.
The year of construction for 504-506 SE 12th St is 1965.
This home is located at 504-506 SE 12th St in Oak Grove, MO and zip code 64075. Features: 0 bathroom. It has been listed on Rocket Homes since July 17, 2025 and is currently priced at $635,000.
The inventory of homes for sale in Oak Grove, MO between May and June 2025 increased by 4.4%. In June 2025 median list price was $325,000 and the average listing age was 92 days.