123-125 & 129-133 N Lawn Ave Kansas City, MO 64123
North Indian Mound NeighborhoodEstimated payment $12,615/month
Highlights
- 15,111 Sq Ft lot
- No HOA
- Central Air
About This Home
Explore a stable investment opportunity with the Burge Park Apartments, two 12-unit properties featuring large 1-bed/1-bath units, each with an extra office/den for versatile living. Built with durability in mind, these buildings offer newer windows, electrical service, plumbing, and 4-year-old TPO roofs. All units are fully occupied by veterans through a voucher program, ensuring reliable income. Every unit has central heat and air and its own gas water heater. Finishes are older but functional, offering room for future cosmetic enhancements. Tenants pay gas and electric with separate meters, while the landlord pays water and trash. Strategically located in a dynamic Kansas City submarket, this property provides easy access to the entire Kansas City Metro. Carolina Apartments delivers immediate cash flow and value-add potential through future updates as the neighborhood changes, ideal for investors seeking reliable returns in a growing area.
Listing Agent
Lutz Sales + Investments Brokerage Phone: 913-426-5576 License #SP00239672 Listed on: 11/03/2025
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $10,326
Year Built
- Built in 1910
Lot Details
- 0.35 Acre Lot
Parking
- On-Street Parking
Home Design
- Brick Exterior Construction
- Synthetic Roof
Interior Spaces
- 20,856 Sq Ft Home
- 3-Story Property
- Basement
Utilities
- Central Air
- Heating System Uses Natural Gas
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number 13-820-21-06-00-0-00-000
- $0 special tax assessment
Community Details
Overview
- No Home Owners Association
- 24 Units
- Burge Park Subdivision
Building Details
- Gross Income $347,040
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2025 11/12/25 | Price Changed | $2,230,000 | +100.0% | $107 / Sq Ft |
| 11/03/2025 11/03/25 | For Sale | $1,115,000 | -- | $53 / Sq Ft |
Source: Heartland MLS
MLS Number: 2576978
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