UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Conrad & Mixon'S Addition
MLS Listing ID 2577081
Year Built 1937
Annual Tax Amount $2,897
Lot Size 5,663 Sqft
Acres 0.13000458
Property Sub-Type Quadruplex
Source hmls
Property Description
Discover a turnkey 4-plex with strong possible returns in one of Kansas City's hottest growth corridors. Each unit offers 3 bedrooms and 1 bath, with updated finishes, front and back decks, and spacious layouts. Three units were remodeled within the last 6 months ,while the fourth is occupied with a longer term tenant.
The numbers tell the story: voucher program rents at $1,600+ per unit provide consistent income, creating the potential for exceptional cash flow. Investors will appreciate the projected double-digit cap rate, strong cash-on-cash returns, and over $40K in potential NOI.
The location adds even more upside—just minutes from downtown, the Plaza, Westport, and the Crossroads, with over $100M in redevelopment nearby. Essential amenities like a new police station, fire station, major grocery, and retail are only 3 minutes away.
With ample off-street parking and opportunity zone benefits- this property checks every box for investors seeking excellent possible returns and long-term growth.
Don't miss your chance to invest in KCMO!
Location
State MO
County Jackson
Zoning MF
Interior
Heating Electric, Forced Air
Cooling Electric
Fireplace N
Appliance Refrigerator, Electric Range, Stainless Steel Appliance(s)
Exterior
Parking Features false
Utilities Available Ind Heat And Air, Ind Water Heaters, Separate Meters
Roof Type Synthetic
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick/Mortar,Vinyl Siding
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash, Conventional, FHA, Private Financing Available, VA Loan
Listing Terms Cash, Conventional, FHA, Private Financing Available, VA Loan
Nearby Locations
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