5711 NE 80th Terrace Kansas City, MO 64119
Northland NeighborhoodEstimated payment $17,196/month
Highlights
- 40,463 Sq Ft lot
- Chapel Hill Elementary School Rated A
- Central Air
About This Home
Turnkey Class A Multifamily | 18 Units in KC’s Growth Corridor Rare opportunity to acquire a virtually new, Class A 18-unit multifamily property located in one of Kansas City’s fastest-growing Northland corridors. Built in 2020, this turnkey investment offers modern design, premium finishes, and minimal maintenance, ideally positioned for both stable income and value-add potential. With Kansas City leading national rent growth at 3.1% annually and new construction slowing (only 861 units YTD 2025 vs. 2,001 during the same period in 2024), rental demand continues to strengthen. Below-market rents and strategic management offer clear room for NOI growth and long-term appreciation. Residents are enrolled in a $33/month Resident Benefits Package, providing insurance, credit building, and rewards programs—enhancing retention and generating added revenue. Situated near major employers, retail, and new developments, this property benefits from strong fundamentals and consistent absorption. A rare chance to own a modern, stabilized multifamily asset in a high-demand KC submarket that continues to outperform national averages.
Listing Agent
Midwest CRE Advisors, LLC Brokerage Phone: 573-694-9669 Listed on: 11/05/2025
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $27,311
Year Built
- Built in 2020
HOA Fees
- $162 Monthly HOA Fees
Home Design
- Slab Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- 18 Bathrooms
- 3-Story Property
Parking
- Paved Parking
- Assigned Parking
Additional Features
- 0.93 Acre Lot
- Central Air
Listing and Financial Details
- Assessor Parcel Number 14-120-00-02-012.00
- $0 special tax assessment
Community Details
Overview
- 18 Units
- Brighton Crossings Commons Subdivision
Building Details
- Gross Income $217,429
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $23,410 | $348,120 | -- | -- |
| 2024 | $23,410 | $290,610 | -- | -- |
| 2023 | $23,205 | $290,610 | $0 | $0 |
| 2022 | $20,952 | $250,780 | $0 | $0 |
| 2021 | $20,976 | $250,781 | $34,200 | $216,581 |
| 2020 | $21,038 | $232,640 | $0 | $0 |
| 2019 | $1,214 | $13,680 | $0 | $0 |
| 2018 | $1,271 | $13,680 | $0 | $0 |
| 2017 | $1,247 | $13,680 | $13,680 | $0 |
| 2016 | $1,247 | $13,680 | $13,680 | $0 |
| 2015 | $1,247 | $13,680 | $13,680 | $0 |
| 2014 | $1,266 | $13,680 | $13,680 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2025 11/05/25 | For Sale | $2,800,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Stewart Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,850,400 | Future Advance Clause Open End Mortgage |
Source: Heartland MLS
MLS Number: 2585287
APN: 14-120-00-02-012.00
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