Listing provided courtesy of Lutz Sales + InvestmentsGreater Heartland Region MLSas Distributed by MLSGrid- MLS# 2624000MLS ProviderContact Information: 913-426-5576

1500 NE Shale CourtGrain Valley, MO 64029

Multi-Family · 4.36 Acres
$12,675,000 Active

1500 NE Shale Court Overview

Visits:
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The Greystone Fourplex Package is a unique opportunity to acquire 52 newly built two story townhome units, all located within one neighborhood on a single parcel with no HOA. Constructed in 2023, the property consists of 13 identical fourplexes positioned along a private suburban cul-de-sac. Every unit is a spacious 3 Bed/2.5 Bath floorplan featuring stainless steel appliances, granite countertops, modern finishes, including washer and dryer in a dedicated laundry area. Units all have attached garages – either one or two car options are available and average 1427 square feet each. This acquisition supports multiple exit scenarios, providing strategic flexibility going forward. Grain Valley offers an ideal environment for families seeking a balance of affordability and quality of life within the Kansas City metro. Known for its highly regarded school district, strong sense of community, and family-oriented atmosphere, the city continues to attract households looking for long-term stability and opportunity. Abundant parks, trails, and recreational programs provide ample space for outdoor activities and youth engagement, while ongoing residential and infrastructure growth ensures the community is evolving to meet the needs of a growing population. Combined with convenient access to major employment centers via I-70, Grain Valley delivers both livability and connectivity, making it an increasingly desirable place for families to call home. Grain Valley is the fastest growing suburban submarket in the Kansas City metro! With new construction, low maintenance, and proven occupancy, Greystone delivers a turnkey, scalable investment with excellent long-term appreciation potential and multiple savvy exit strategies!

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1500 NE Shale Court Facts & Features

  • Type Multi-Family
  • Lot 4.36 Acres

Details

General

Association/HOA

  • Association Fee: 0
  • Association Fee Frequency: None
  • Association: No

School Information

  • School District: Grain Valley

Building Information

  • Year Built: 2023

Location/Region

  • County Or Parish: Jackson
  • MLS Area Major: 207 - Blue Springs, Buckner, Oak Grove, Grain Val
  • Subdivision Name: Other

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 37-520-04-34-00-0-00-000
  • Property Sub Type: Package of Properties
  • Property Type: Residential Income
  • Senior Community: No
  • Zoning: R3-P

Interior

Parking Information

  • Garage: Yes

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: No
  • Heating: Natural Gas
  • Laundry Features: Inside
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Attached,Garage,Off Street

Lot Information

  • Lot Size Area: 189907
  • Lot Size Square Feet: 189907
  • Lot Size Units: Square Feet
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Concrete,Vinyl Siding
  • Roof: Composition

General Information

  • Number Of Units Total: 52
  • Sewer: Public Sewer
  • Utilities: Separate Meters

Unit Information

Unit 1 Details

  • Unit Type: 3 Bedroom
  • Baths Total: 2
  • Units Total: 52

1500 NE Shale Court Neighborhood

Community

64029 (Grain Valley) Demographics

36
Median Age
670
Population Density (per sq. mile)
36%
College Educated
$76,649
Estimated Median Income
4,920
Estimated Total Home Owners
1,811
Estimated Total Renters
73% / 27%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1500 NE Shale Court Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1500 NE Shale Court Market Data

Based on the last 30 days in this zip code

$512,445
Average List Price
$208
Average Price per Square Foot
30
Properties Sold
78
Average Days on Market
72
Properties for Sale
Calculations provided by Reliance Network

1500 NE Shale Court History

Date Event Value Agent
6/3/2026Source: Greater Heartland Region MLS Added to Database
June 03, 2026