3331 Indiana Avenue, Kansas City, MO 64128

$399,900

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List Price
$399,900
Price Change
▼ $25,100 1765609140
MLS#
2577081
Status
ACTIVE
Type
Multifamily
Lot Size
5,663
Acres
0.13
Subdivision
Conrad & Mixon's Addition

Property Description

Prime 4-Plex Investment Opportunity with excellent cash flow potential! Discover a turnkey 4-plex with strong possible returns in one of Kansas City’s hottest growth corridors. Each unit offers 3 bedrooms and 1 bath, with updated finishes, front and back decks, and spacious layouts. Three units were remodeled within the last 6 months ,while the fourth is occupied with a longer term tenant. The numbers tell the story: voucher program rents at $1,600+ per unit provide consistent income, creating the potential for exceptional cash flow. Investors will appreciate the projected double-digit cap rate, strong cash-on-cash returns, and over $40K in potential NOI. The location adds even more upside—just minutes from downtown, the Plaza, Westport, and the Crossroads, with over $100M in redevelopment nearby. Essential amenities like a new police station, fire station, major grocery, and retail are only 3 minutes away. With ample off-street parking and opportunity zone benefits- this property checks every box for investors seeking excellent possible returns and long-term growth. Don’t miss your chance to invest in KCMO!

Additional Information

Year Built
1937
School District
Kansas City Mo
Basement
Yes
Roof
Synthetic
Central Air
Electric
Sewer
Public Sewer
Construction
Brick/Mortar, Vinyl Siding
Water
Public
Cooling
Electric
Heating
Electric, Forced Air
Taxes
$2,897
Zoning
MF

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Calculator source: Real Geeks

Listing courtesy of Mary Beth Schwartz of KW KANSAS CITY METRO.

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