$4,619

closing credit¹

515 NE Florence Ave Lees Summit, MO 64063

$389,000
Multi-Family

Property details

About 515 NE Florence Ave

Strong tenant demand in this well-located duplex in the heart of Lee Summit! Just off Chipman road with all the new shopping and dining options sits this well cared for two unit property. Each side features a one car garage, two family rooms (upstairs and downstairs) and a separate laundry area. The 515A side is newly remodeled with stainless steel appliances, countertops, all new flooring, bathrooms and paint. It has 3 bedrooms and 2 full baths. Expected rent to be $1475. The B side has a long term tenant who has occupied since 2015 but is on a MTM lease. That side is 3 bedrooms and 1.5 baths and was last remodeled in 2015. Each side has sub-metered utilities and tenants pay all their own expenses. The property is conveniently located near parks, restaurants, shopping centers, and don't forget top-rated schools in the Lee Summit school district. Don't miss out on this fantastic investment opportunity in this A class submarket! Owner agent.

Highlights

Home typeDuplex
HeatingNatural Gas
StatusActive
CoolingElectric
BasementYes
Year built1965
ParkingGarage
MLS #2524728

Summary

  • MLS Number: 2524728
  • MLS Name: HMLS
  • Office Name: Lutz Sales + Investments
  • Office Phone: (913) 426-5576
  • Listing Agent: Michelle Lutz

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Copyright 2025, Heartland Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Properties displayed may be listed or sold by various participants in the MLS. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
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Last updated on: 2/1/2025, 7:24:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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rear view of house featuring a lawn, a wooden deck, and a garage

$389,000

515 NE Florence Ave

$4,619

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

3

Lee's Summit Elementary School

Public District KG-5

0.6 mi

110 SE Green St

3

Meadow Lane Elementary School

Public District KG-5

1.2 mi

1421 NE Independence Ave

4

Westview Elementary School

Public District KG-5

1.5 mi

200 NW Ward Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $26,912. The most common annual income of people living in Lees Summit, MO is less than $<35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

59%
<35k
34%
35k-100k
6%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

43%
Single, No Kids
31%
Single, with Kids
13%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

25%
<11 yrs old
9%
12-17 yrs old
32%
18-34 yrs old
25%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Pro WrestlingPro Wrestling
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Cicis PizzaCicis Pizza
  • StarbucksStarbucks

What do the neighbors drive?

  • DodgeDodge
  • PontiacPontiac
  • BuickBuick

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Contemporary InspirationalContemporary Inspirational
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 515 NE Florence Ave in Lees Summit, MO and zip code 64063. Features: 0 bathroom. It has been listed on Rocket Homes since January 6, 2025 and is currently priced at $389,000.

The number of homes for sale in Lees Summit, MO decreased by 7.2% between December and January 2025. While the average time on the market in January 2025 was 132 days, the median list price was $413,909.

From Rocket Homes Real Estate and based on county public records data.

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