$549,000
SOLD MAR 25, 2025
Last list price
-- Bed
12 Baths
14,076 Sq Ft
10,042 Sq Ft Lot

Recently Sold

$39 Per Sq Ft

99 Days on Market

About This Home

As of March 2025

The Lexington Avenue Apartments are a 12-unit, two building complex located in the historic neighborhood of Pendleton Height in northeast Kansas City, Missouri. Built in 1912, the buildings stand 3 stories with brick exteriors balconies/patios. The properties are a part of Kansas City’s Register of Historic Places and positioned within a Designated Opportunity Zone allowing new ownership to potentially take advantage of tax incentives/abatements that go along with these designations. Both buildings are separately parceled and neighbor newly renovated complexes in New View Place Apartments, Mark One Plaza & 221 Garfield, while being situated among Kansas City’s oldest Boulevards. The buildings were acquired in 2021 vacant and in poor condition. The project has stalled with current ownership and the buildings remain vacant presenting as an open canvas for finish. The initial project planned for a to-the-studs renovation converting units to 2-bedrooms (previously 1) with high-end finishes, washer/dryer in unit, separate metering (new electric/plumbing), and market rental rates. The scope of work completed between buildings/units varies since acquisition. Both buildings have new TPO roofs with new HVAC condenser units. The buildings have new low-e double pane windows and new goodman forced-air gas furnaces. 1919 Lexington’s rehab process is further along than the 1915 building, and the 1915 buildings back stairwell has been removed. The building do not provide tenants with off-street parking and currently have all utilities shut off.

Last Agent to Sell the Property

Parker Beck

Compass Realty Group Brokerage Phone: 913-375-3850 License #SP00238832 Listed on: 10/22/2024

Compass Realty Group

Co-Listed By

Brice Bradshaw

Compass Realty Group Brokerage Phone: 913-375-3850 License #SP00219113

Last Buyer's Agent

Parker Beck

Compass Realty Group Brokerage Phone: 913-375-3850 License #SP00238832 Listed on: 10/22/2024

Compass Realty Group

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,416

Year Built

  • Built in 1912

Lot Details

  • 10,042 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Brick Frame
  • Stone Frame
  • Synthetic Roof

Interior Spaces

  • 12 Bathrooms
  • 14,076 Sq Ft Home
  • 3-Story Property
  • Basement

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Community Details

  • No Home Owners Association
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 12-740-23-29-01-0-00-000
  • $0 special tax assessment

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,416

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1912
  • Co List Office Mls Id: HMSCMLC
  • Co List Office Name: Compass Realty Group
  • Co List Office Phone: 816-280-2773
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Parker Beck
  • List Office Mls Id: HMSCMLC
  • List Office Name: Compass Realty Group
  • List Office Phone: 816-280-2773
  • Mls Status: Sold
  • Operating Expense: 8070
  • Age Description: 101 Years/More
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Major Repair Costs: 0.00
  • Package: No
  • Restrictions: Selling As Is
  • Attribution Contact: 913-375-3850
  • Special Features: None

Interior Features

  • Basement: Yes
  • Stories: 3

Exterior Features

  • Roof: Synthetic
  • Construction Materials: Brick & Frame, Stone & Frame

Garage/Parking

  • Garage: No
  • Parking Features: On Street

Utilities

  • Cooling: Electric
  • Heating: Forced Air
  • Sewer: City/Public
  • Utilities: Other, Separate Meters
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Owner Manager

Association/Amenities

  • Association: No

Fee Information

  • Deposit: National Secured Title

Schools

  • Junior High Dist: Kansas City Mo

Lot Info

  • Zoning: R-6
  • Building Area Total: 14076
  • Lot Size Sq Ft: 10042
  • Parcel Number: 12-740-23-29-01-0-00-000
  • Subdivision Name: Other
  • ResoLotSizeUnits: SquareFeet
  • In Flood Plain: No

Building Info

  • Number of Units Total: 12

Rental Info

  • Existing Lease Terms: None

Tax Info

  • Tax Annual Amount: 5416
  • Tax Abatement YN: 0

Multi Family

  • Current Occupancy Rate: Vacant
  • Unit Count: 1

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2025 03/25/25 Sold -- -- --
01/29/2025 01/29/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $549,000 0.0% $39 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
11/20/2024 11/20/24 Price Changed $549,000 -8.3% $39 / Sq Ft
10/22/2024 10/22/24 For Sale $599,000 -- $43 / Sq Ft
Source: Heartland MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland MLS

MLS Number: 2516337

Heartland MLS