8241 Highland AVE, Kansas City, MO 64131
8241 Highland AVE, Kansas City, MO 64131
8241 Highland AVE, Kansas City, MO 64131
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Jessa Krause

Jessa Krause

+1(816) 320-5448
Listed by Alex Olson • Legendary Apartment Brokers
$99,000
Est. payment /mo
3 Beds
1 Bath
1,126 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,126 sqft

Price per Sqft $87

Subdivision Marlborough Highlands

MLS Listing ID 2610603

Style Traditional

Bedrooms 3

Full Baths 1

Year Built 1952

Annual Tax Amount $505

Lot Size 6,750 Sqft

Acres 0.15495868

Lot Dimensions 50x138x50x138

Property Sub-Type Single Family Residence

Source hmls

Property Description

Options everywhere with this 3BR/1BA opportunity—cash flow from day one, move in, or reposition over time. This property checks a lot of boxes for investors and owner occupants alike, offering a fantastic location with strong rental potential or an affordable entry point to live in. Located near Center High School and the Bannister Federal Complex, the property sits in a quiet neighborhood with tree-lined streets while still providing excellent access to major highways and key thoroughfares. The home is currently leased on a month-to-month basis, providing immediate flexibility for a new owner. Achieving over $1,000 per month in gross rents, it meets the 1% rule and presents a compelling cash flow opportunity. Pricing reflects an opportunity for built-in equity, with multiple nearby homes trading at higher price points. Major systems have been addressed with both the HVAC and hot water heater replaced within the last five years, reducing near-term capital needs. Additional features include off-street parking, an updated interior color scheme that appeals to today's renters, and a large backyard that is perfect for pets, outdoor use, or entertaining. Photos were taken prior to current occupancy, and additional details including a recent annual tenant inspection are available via the virtual tour link. Perfect as a starter home, first investment, or a strong addition to an expanding rental portfolio.

Location

State MO

County Jackson

Rooms

Basement Slab

Interior

Heating Forced Air

Cooling Electric

Fireplace Y

Laundry Laundry Room, Main Level

Exterior

Parking Features false

Roof Type Composition

Building

Lot Description City Lot, Level

Entry Level Ranch

Sewer Public Sewer

Water Public

Structure Type Frame

Schools

School District Center

Others

Ownership Investor

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Virtual Tour https://drive.google.com/drive/folders/1WcgsVMS4efMUr_4CxAYZ8ot18iX5ldT_?usp=sharing

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Heartland MLS KS / Southeast Kansas AOR

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Jessa Krause

Jessa Krause

+1(816) 320-5448

Agent | License ID: 2025003775

Agent License ID: 2025003775

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