$675,000

Estimated payment $3,883/month

-- Bed
10 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Deck
  • Cooling Available
  • Paved or Partially Paved Lot
  • No HOA
  • Board and Batten Siding

About This Home

Rare, Essentially New-Construction 10-Unit Asset | Feasibility Study To BUILD ADDITIONAL UNITS
Turnkey Investment | No Anticipated CapEx for Years | 10% Cap Rate | This is a truly rare opportunity to acquire an essentially new-construction 10-unit property in Kansas City, MO. The building underwent a comprehensive, top-to-bottom renovation beginning in 2022, with all work properly permitted and approved. With every major system replaced, this asset offers years of low-maintenance ownership and immediate cash flow. | Property Highlights: | Fully renovated from the ground up — the foundation is the only original component
Each unit features:
Private full bathroom
Individual mini-split HVAC system with heat pump and thermostat
Luxury vinyl plank flooring
Efficient kitchenette setup
New R-13 fire suppression system installed
All exterior water lines replaced with new 4" lines
Designed for operational efficiency and long-term durability | Zoning & Expansion Upside: | Situated on 0.63 flat acres
Zoned BC3-2, allowing for future expansion or redevelopment into residential, commercial, or additional multifamily units (FEASIBILITY STUDY COMPLETED & AVAILABLE UPON REQUEST) | Prime Tenant Location: | Directly on a bus stop | Across the street from everyday essentials including: | Grocery store
Gas stations
Gym
Coffee shop
Thrift store
Highly walkable and transit-friendly, supporting strong tenant demand | Financials: | Ideal Use Cases: | Sober living or group housing
Voucher-based tenants with on-site management
Workforce or transitional housing
Investor seeking stable cash flow with future development upside | This asset offers the rare combination of new-construction quality, strong current income, and significant expansion potential — all in a high-demand, amenity-rich location.

Listing Agent

Steve Soby

KW KANSAS CITY METRO Brokerage Phone: 913-775-0443 License #2014007922 Listed on: 02/04/2026

KW KANSAS CITY METRO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,500

Lot Details

  • 0.63 Acre Lot
  • Paved or Partially Paved Lot

Home Design

  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 10 Bathrooms
  • 2-Story Property
  • Fire Sprinkler System
  • Cooktop
  • Basement

Parking

  • 15 Parking Spaces
  • Paved Parking

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Heat Pump System
  • 150 Amp Service
  • Master Gas Meter
  • Master Water Meter

Listing and Financial Details

  • $0 special tax assessment

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • Blue Ridge Woods Subdivision

Additional Features

  • Gross Income $97,500
  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,500

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Internet Address Display: Yes
  • Internet Consumer Comment: No
  • List Agent Full Name: Steven Soby
  • List Office Mls Id: HMSKW04
  • List Office Name: KW KANSAS CITY METRO
  • List Office Phone: 913-825-7500
  • Mls Status: Active
  • Operating Expense: 22921
  • Age Description: 51-75 Years
  • Tax Special Amount: 0
  • Special Documents Required YN: 0
  • Package: No
  • Attribution Contact: 913-775-0443
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Refrigerator
  • Basement: Yes
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Board & Batten Siding
  • Patio And Porch Features: Deck
  • Road Surface Type: Paved

Garage/Parking

  • Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 15

Utilities

  • Cooling: Other
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Utilities: Master Meters
  • Cooling: Yes
  • Electric: 150 Amp Service
  • Security Features: Fire Alarm, Fire Sprinkler System
  • Water Source: Public

Association/Amenities

  • Association: No

Condo/Co-op/Association

  • Type Of Management: Owner Manager

Fee Information

  • Deposit: Superior Title

Schools

  • Junior High Dist: Raytown

Lot Info

  • Zoning: B3-2
  • Lot Size Sq Ft: 27442.8
  • Parcel Number: 999999
  • Subdivision Name: Blue Ridge Woods
  • In Flood Plain: Unknown

Building Info

  • Number of Units Total: 10

Rental Info

  • Existing Lease Terms: One Year Lease

Multi Family

  • Gross Income: 97500
  • Current Occupancy Rate: Over 95%
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 4500
  • Tax Abatement YN: 0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $970 $63,486 $3,564 $59,922
2024 $970 $10,720 $2,941 $7,779
2023 $964 $10,720 $2,008 $8,712
2022 $427 $4,560 $4,370 $190
2021 $427 $4,560 $4,370 $190
2020 $488 $5,152 $4,962 $190
2019 $479 $5,152 $4,962 $190
2018 $1,743 $5,152 $4,962 $190
2017 $1,743 $18,849 $4,962 $13,887
2016 $3,517 $18,376 $3,914 $14,462
2014 $1,646 $17,841 $3,800 $14,041
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2026 02/04/26 For Sale $675,000 -- --
Source: Heartland MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed -- Clear Title Nationwide Inc
Foreclosure Deed $8,512 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $499,000 Credit Line Revolving
Closed $499,000 Credit Line Revolving
Previous Owner $280,000 Construction
Previous Owner $170,000 New Conventional
Source: Public Records

Source: Heartland MLS

MLS Number: 2598231

Heartland MLS

APN: 45-340-01-04-00-0-00-000