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 unitsminimizing 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.
| MLS # | 2618252 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 118 |
| Listing Provided By | Keller Williams Realty Partners Inc. | Jesse Taitt |
| Basement | Y |
|---|---|
| Story(s) | 2 |
| Units | 6 |
| Zoning | r5 |
| Acreage | 0.25 |
| Property | 4847 |
|---|
| State | MO |
|---|---|
| County | Jackson |
| City | Kansas City |
| Zip Code | 64128 |
| Area | 202 Kansas City Area (So. of River) |
| Community Name | Logan Park |
| School District | Kansas City |
| Elementary School | Kansas City |
| High School | Kansas City |
| Listing VS Median (in Logan Park) | |
Price: $450,000 low | high Med: $0 On site: 118 low | high Med: | |
| State | MO |
|---|---|
| County | Jackson |
| City | Kansas City |
| Zip Code | 64128 |
| Area | 202 Kansas City Area (So. of River) |
| Community Name | Logan Park |
| School District | Kansas City |
| Elementary School | Kansas City |
| High School | Kansas City |
| Listing VS Median (in Logan Park) | |
Price: $450,000 low | high Med: $0 On site: 118 low | high Med: | |