$450,000

Estimated payment $2,883/month

Total Views 2,084
-- Bed
36 Baths
5,712 Sq Ft
$79 Price per Sq Ft

Highlights

  • No HOA
  • Covered Deck
  • Paved or Partially Paved Lot
  • Brick Veneer
  • Central Air

About This Home

New to the market is this cash-flowing 6-unit multifamily property offering immediate income with significant upside potential. Each of the six units features a desirable 2 bed / 1 bath layout, appealing to a wide tenant base and supporting strong long-term occupancy. The property underwent major capital improvements in 2021, including new windows, updated lighting, and central HVAC systems in all units—minimizing near-term maintenance concerns and enhancing tenant comfort.
What truly sets this asset apart is the value-add opportunity. Current rents are below market, providing a clear path for a savvy investor to increase cash flow over time. By strategically raising rents to market levels and implementing efficient property management practices to control expenses, an investor can substantially improve the NOI and ultimately drive a higher valuation based on prevailing cap rates. Whether you're looking to expand your portfolio or secure a stabilized asset with upside, this property checks all the boxes: solid unit mix, recent updates, and built-in equity growth potential.
Don’t miss your chance to capitalize on this opportunity in a growing Kansas City market.

Listing Agent

Jesse Taitt

Keller Williams Realty Partners Inc. Brokerage Phone: 913-444-0778 License #2017044716 Listed on: 05/08/2026

Keller Williams Realty Partners Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,847

Year Built

  • Built in 1930

Parking

  • Off-Street Parking

Home Design

  • Brick Veneer
  • Tar and Gravel Roof

Interior Spaces

  • 36 Bathrooms
  • 5,712 Sq Ft Home
  • 2-Story Property
  • Electric Range
  • Basement

Schools

  • Kansas City Elementary School
  • Kansas City High School

Additional Features

  • Covered Deck
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 28-920-23-01-00-0-00-000
  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Logan Park Subdivision

Building Details

  • Gross Income $55,842

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,847

Year Built

Built in 1930

Lot Details

0.25 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1930
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Jesse Taitt
  • Listing Service: Full Service
  • List Office Mls Id: HMSKW01
  • List Office Name: Keller Williams Realty Partners Inc.
  • List Office Phone: 913-906-5400
  • Mls Status: Active
  • Operating Expense: 25000
  • Age Description: 76-100 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Maintenance Description: Lawn,Snow Removal
  • Package: No
  • Attribution Contact: 913-444-0778
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Common Entry
  • Appliances: Refrigerator, Electric Range
  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Tar/Gravel
  • Construction Materials: Brick Veneer
  • Patio And Porch Features: Deck- Covered
  • Road Surface Type: Gravel, Paved
  • Inside City Limits: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Off Street

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Multi-Unit Heat/Air
  • Cooling: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Type Of Management: Off-Site Mgmt

Association/Amenities

  • Association Name: NA
  • Association: No

Fee Information

  • Deposit: Security 1st Title

Schools

  • Middle/Junior School: Kansas City
  • Junior High Dist: Kansas City Mo

Lot Info

  • Zoning: r5
  • Building Area Total: 5712
  • Lot Size Sq Ft: 10890
  • Parcel Number: 28-920-23-01-00-0-00-000
  • Subdivision Name: Logan Park
  • In Flood Plain: No

Building Info

  • Number of Units Total: 6

Rental Info

  • Existing Lease Terms: Other

Multi Family

  • Gross Income: 55842
  • Current Occupancy Rate: 80-90%
  • Unit Count: 1
  • Gross Multiplier: 8.00

Tax Info

  • Tax Annual Amount: 4847
  • Tax Abatement YN: 0

MLS Schools

  • Elementary School: Kansas City
  • High School: Kansas City

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,656 $57,792 $15,048 $42,744
2024 $4,612 $58,995 $2,793 $56,202
2023 $4,612 $58,995 $2,793 $56,202
2022 $3,595 $43,700 $2,071 $41,629
2021 $3,582 $43,700 $2,071 $41,629
2020 $3,182 $38,333 $2,071 $36,262
2019 $3,116 $38,333 $2,071 $36,262
2018 $2,653 $33,333 $1,660 $31,673
2017 $2,653 $33,333 $1,660 $31,673
2016 $2,540 $31,730 $1,277 $30,453
2014 $2,510 $31,257 $1,277 $29,980
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2026 05/08/26 For Sale $450,000 -18.2% $79 / Sq Ft
06/30/2021 06/30/21 Sold -- -- -- View Prior Sale
05/15/2021 05/15/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $550,000 +1122.2% --
04/17/2018 04/17/18 Sold -- -- -- View Prior Sale
04/10/2018 04/10/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $45,000 -- --
Source: Heartland MLS

Source: Heartland MLS

MLS Number: 2618252

Heartland MLS
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