505 2nd Ave S, Greenwood, MO: 2-Bedroom Fixer-Upper on a Corner Lot | $150,000

505 2nd Ave S in Greenwood is for sale at $150,000. This 2-bedroom, 1-bath home sits on a level 0.26-acre corner lot in the Lee’s Summit R-7 school district, and it is priced as a fixer-upper with room to build equity.

505 2nd Ave S, Greenwood, MO 64034
2 bedrooms • 1 full bathroom • 953 square feet • 0.26-acre corner lot
Heartland MLS #2646284 · Jackson County · Lee’s Summit R-7 schools · No HOA

A Greenwood home ready for its next owner

Looking for an affordable home in Greenwood with Lee’s Summit schools, or a project with upside? 505 2nd Ave S has a lot going for it: tall ceilings in the living room and kitchen, a large primary bedroom with a walk-in closet, a kitchen updated in 2016, and a big, level corner lot. It also needs work, including new carpet, paint and replacement of the kitchen subfloor, and the price reflects that.

505 2nd Ave S property highlights

• Tall ceilings in the living room and kitchen
• Kitchen updated in 2016, with built-ins and a ceiling fan
• Large primary bedroom with a walk-in closet
• Tiled bathroom and a separate tiled laundry room
• Thermal tilt-in windows and vinyl siding
• HVAC about 12 years old and water heater about 10 years old
• Fenced backyard with a patio and storage shed
• Level 0.26-acre corner lot with off-street parking and room for a possible future garage or addition, subject to approvals

What the home needs

This is an honest fixer-upper. Plan on new carpet, fresh paint and replacing the subfloor in the kitchen. There is no garage and no basement; the home sits over a crawl space with a sump pump. For a buyer who can handle those projects, the payoff is a home in a small town with Lee’s Summit schools at a price that is hard to find nearby.

How the floor plan at 505 2nd Ave S works

Everything is on one level. The living room and kitchen both have tall ceilings, the two bedrooms share the full bath, and the laundry has its own room. The primary bedroom is the largest room in the house, at about 18 by 12 feet.

Living in Greenwood, MO

Greenwood is a small town on the southeast edge of Lee’s Summit in Jackson County. This home is in the Lee’s Summit R-7 School District, served by Greenwood Elementary, Summit Lakes Middle School and Lee’s Summit West High School. Confirm school assignments with the district. There is no HOA, and annual property taxes are about $1,140.

Questions about 505 2nd Ave S

What is the asking price of 505 2nd Ave S?

505 2nd Ave S is offered at $150,000 as of October 26, 2026. Contact me to confirm availability and schedule a showing.

What schools serve 505 2nd Ave S?

The home is in the Lee’s Summit R-7 School District: Greenwood Elementary, Summit Lakes Middle School and Lee’s Summit West High School. Confirm current boundaries with the district.

What work does the home need?

New carpet, paint and replacement of the kitchen subfloor. The kitchen was updated in 2016, and the windows, siding, HVAC and water heater are newer.

Is there a garage?

No. There is off-street parking, and the level 0.26-acre corner lot may have room for a future garage or addition, subject to city approvals.

How big is the home and lot?

About 953 square feet with two bedrooms and one full bath, on a lot of about 11,542 square feet with a fenced backyard, patio and storage shed.

See the photos and schedule a private showing

View the full listing, photos and current details for 505 2nd Ave S.

To schedule a showing or ask a question, call or text Bryan Bechler at 816-547-0893, or email bryan.bechler@compass.com.

See all of my current, pending and sold listings, or watch home tour videos.

About Bryan Bechler

Bryan Bechler, Associate Broker, Compass Realty Group
Residential resale specialist since 1993, with 33+ years of experience and 1,500+ homes sold across the Kansas City metro on both sides of the state line.
900 W 48th Place, Suite 120, Kansas City, MO 64112
Call/text: 816-547-0893
KS Broker BR00043836 · MO #1999027643

Price and availability are subject to change. Square footage is approximate. Any future garage or addition is subject to city approvals. Confirm school assignment with the district. Equal Housing Opportunity.