8705 E 63rd St Kansas City, MO 64133
East Swope Highlands NeighborhoodEstimated payment $3,883/month
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
KW KANSAS CITY METRO Brokerage Phone: 913-775-0443 License #2014007922 Listed on: 02/04/2026
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
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 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2026 02/04/26 | For Sale | $675,000 | -- | -- |
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 | -- | -- |
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: Heartland MLS
MLS Number: 2598231
APN: 45-340-01-04-00-0-00-000
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