Price Reduction
Listed By:
One Roof Realty LLC
Address
3339 Indiana Avenue, Kansas City, MO
Price
$ 300,000
Property Attributes
  • MLS#2477969
  • TypeMulti-Family
  • CountyJACKSON
  • CityKansas City
  • Area202 - Kansas City Area
  • NeighborhoodConrad & Mixons Addition
  • Zip64128
  • Style
  • Year Built1937
  • Taxes$ 2660
  • Price$ 300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.133792 Acres
Data Source:
Heartland MLS (HMLS)
Property Description

PRICE DROP! Come take a look at this incredible value add 4-plex opportunity located in booming area! With over $100M in infrastructure in surrounding areas including newer grocery store, strip centers, police station, plus less than 10 min to downtown! Currently 3/4 units are vacant and will need some cosmetic repairs to be rent ready, remaining unit is occupied at $1016/mo. This building is all electric with separate meters, no gas, 1 master water meter. Each unit has it's own HVAC and WH. With 3x2 bedroom units with potential gross rent of $1258/mo (utilities included) and 1x3 bedroom unit with potential gross rent of $1645 (utilities included), Proforma projects 8.89% cap rate, see supplements for details. All details and proforma are estimates based on opinion and FMR, Buyer's agent to verify. DO NOT DISTURB TENANT IN OCCUPIED UNIT.

Price History
3/16/2024 Listed $325,000
5/21/2024 8% - $300,000

General Features

Sewer City/Public
Heating Electric,Forced Air
Cooling Electric
Utilities Ind Heat And Air,Ind Water Heaters,Separate Meters
Roof Synthetic
Appliances Refrigerator,Built-In Electric Oven,Stainless Steel Appliance(s)
Zoning MF
Patio/Porch Features Covered Deck,Covered Patio
Construction Materials Brick & Frame,Wood Siding
Year Built 1937
Property SubType Quadruplex
Assoc Fee Paid Per None
County Jackson
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name Conrad & Mixon's Addition
Garage Y/N No
Status Active
Directions From Linwood,head south on Indiana,after 33rd St you will see 8 buildings in a row on the East side of the street. Building is second to last.
City Kansas City
High School District Kansas City Mo
Total Units 4
MLS Area 202 - Kansas City Area (So. of River)
Lot Size Square Feet 5828
Street Name Indiana
Listing Terms Cash,Conventional,FHA,VA Loan
Public Remarks PRICE DROP! Come take a look at this incredible value add 4-plex opportunity located in booming area! With over $100M in infrastructure in surrounding areas including newer grocery store,strip center
Standard Status Active
In Flood Plain No
HMS_MaintenanceProvidedYN No

Interior Features

Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Street Suffix Avenue
Unit Type 2 Bedroom,3 Bedroom

Exterior Features

Parking Features Off Street,On Street
Water Source Public
Lot Size Area 5828
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 64128

Price
AVG $340K
$300K
Taxes
AVG $2,581
$2,660
Visits
AVG 146
176
Data Provided by Inside Real Estate®
Year Built
AVG 1932
1937