REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

Listed by Michelle Lutz • Lutz Sales + Investments
$1,875,000
Est. payment /mo
0.28 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home, Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Greystone Amended Plat
MLS Listing ID 2597398
Year Built 1905
Annual Tax Amount $9,043
Lot Size 0.276 Acres
Acres 0.27589533
Property Sub-Type Apartment
Source hmls
Property Description
This fully occupied 18-unit multifamily property is located in a walkable area near major transit, offering immediate cash flow with long-term upside. The building features a mix of studio and one-bedroom units across five floor plans, secure controlled access, a small on-site fitness room, and off-street parking for approximately six vehicles. Its central location near major employers, hospitals, and universities supports consistent rental demand.
Approximately nine years ago, the property underwent a full renovation, including a new roof, new windows, PEX plumbing, exterior stucco, upgraded electrical systems, and modernized mechanicals, reducing near-term capital needs. Every unit includes an in-unit washer and dryer, a key amenity for this submarket.
The property is fully occupied and stabilized, providing reliable in-place income with multiple paths for upside. Investors may benefit from continued rent growth, a medium-term rental strategy, or targeted interior upgrades to drive higher rents. This offering represents a well-maintained, cash-flowing 18-unit asset in a highly accessible in demand Kansas City location.
If you have questions about owning multifamily property in Kansas City please reach out. We can assist with introductions to commercial lenders eager to finance this type of property with 25% down and give options on third party property managers who would do an excellent job with this property. *no seller finance, please do not ask*
This beautifully crafted property combines timeless charm with quality construction, creating a premier investment opportunity in the heart of the city where tenant demand remains exceptionally strong.
Approximately nine years ago, the property underwent a full renovation, including a new roof, new windows, PEX plumbing, exterior stucco, upgraded electrical systems, and modernized mechanicals, reducing near-term capital needs. Every unit includes an in-unit washer and dryer, a key amenity for this submarket.
The property is fully occupied and stabilized, providing reliable in-place income with multiple paths for upside. Investors may benefit from continued rent growth, a medium-term rental strategy, or targeted interior upgrades to drive higher rents. This offering represents a well-maintained, cash-flowing 18-unit asset in a highly accessible in demand Kansas City location.
If you have questions about owning multifamily property in Kansas City please reach out. We can assist with introductions to commercial lenders eager to finance this type of property with 25% down and give options on third party property managers who would do an excellent job with this property. *no seller finance, please do not ask*
This beautifully crafted property combines timeless charm with quality construction, creating a premier investment opportunity in the heart of the city where tenant demand remains exceptionally strong.
Location
State MO
County Jackson
Zoning MF
Interior
Heating Natural Gas
Cooling Electric
Fireplace N
Laundry Inside
Exterior
Parking Features false
Utilities Available Cent Water Heater, Ind Heat And Air
Roof Type Composition
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick,Board & Batten Siding
Schools
School District Kansas City Mo
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info

GET MORE INFORMATION




